COLUMBIA, SC – Tax Credit Marketplace (“TCM”) is pleased to announce that one of its project partners, Garvin Design Group, won an award for excellence in interior design at the International Interior Design Association (IIDA) Carolinas’ 2023 DesignWorks awards ceremony in Charlotte on December 8. Presented annually, the IIDA Carolinas DesignWorks awards honor design excellence and encourage new, innovative solutions for interior spaces. DesignWorks awards recognize outstanding interior design projects in North and South Carolina.
The Rosewood Church redevelopment project – also known as Fifth & Sloan – won Honorable Mention in the Adaptive Reuse category and was a qualifying project in TCM’s 2022 Annual Fund. Adaptive reuse of Rosewood Church for new use as apartments reinvigorated a beloved but abandoned neighborhood landmark. Elements of the old sanctuary are preserved, including its vaulted ceiling, pendant lights, stately chandeliers, and wood wainscoting and windowsills. Color and material palettes throughout the building are befitting its modern use as apartments without completely renouncing its original use as a church.
• Wood-look luxury vinyl tile (LVT) used in apartment unit floors and stair treads references the preserved features in the sanctuary.
• Neutral tones in the new corridor carpet, new door frames and baseboards, ceiling and wall paint, and kitchen and bathroom cabinetry manifest an air of modern sophistication.
• Dark ceiling paint in the corridors helps exposed utilities fade overhead. White ceiling paint does the same inside apartment units.
• A dark green accent color subtly demarcates new interior spaces and provides a comforting contrast to the predominantly neutral palette. The dark green accent color envelopes the new library and lounge spaces in a sense of calm and marks the transition between the old classroom building and the new three-story addition at the center of the site.
“We were thrilled to be a part of this award-winning project,” said Josh Workman, CEO, Tax Credit Marketplace. “Not only are we proud of the awards it has received, but also the positive impact the rehabilitation has had on the surrounding area and community.”
Read more about the Rosewood Church redevelopment project here: https://taxcreditmp.com/pages/blog/detail/article/c/a81/ .
About Tax Credit Marketplace, LLC:
Tax Credit Marketplace, LLC is South Carolina’s largest company specializing in monetizing Tax Credits. Through its various Funds, TCM invests in real estate projects that generate tax credits under one of the Revitalization Acts currently offered in South Carolina and at the Federal Level. These Credits are used by accredited investors, corporations, and institutions to reduce their State or Federal tax liability. To date, TCM and its principals have monetized over $140 million in Tax Credits.
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