OBSERVATORY HILL INC
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Mission Statement
Observatory Hill, Inc. is a non-profit community based organization committed to improving the quality of life for all residents through the preservation or restoration of homes and buildings and conservation of community resources.
About This Cause
Incorporated as a 501 (c) (3) organization on June 18, 1982, the group and the community have worked together to preserve and revitalize the neighborhood in a number of important activities: * Commercial Revitalization, Housing Preservation, increasing access to mortgage products, attracting new homeowners, and removing key blighted buildings. A primary goal of the organization is to foster home ownership and the return of multi-unit homes to their original single-family status. * Riverview Park, Preservation and Improvement, including planting annuals in three large beds near the Riverview Avenue entrance and the support of The Friends of Riverview Park committee. OUR REVITALIZATION PROJECTS: We have completed the Bonvue Street Revitalization Project which injected $1.187 million into this street which was plagued with blight and had several abandoned properties which deterred investment and attracted crime. View before and after photos on our website: www.observatoryhill.net/WhatsNew/BonvueStreetRevitalizationProjectPhase1.aspx We will begin the second phase of the Bonvue Street Revitalization Project soon. We have purchased five more houses to fully rehab and to sell them to new homeowners. Photos and updates on this project can be seen on our website: www.observatoryhill.net/WhatsNew/BonvueStreetRevitalizationProjectPhase2.aspx Our Five Points Project is also underway which consists of revitalizing our business district - one building we acquired was abandoned for almost 20 years. That space will be the new location for The Northside Chronicle and the Northside Community Development Fund. We are currently seeking a restaurant for the former Mr. Bill's Tap & Grill location which we purchased several years ago. This is a high traffic area and a city owned and maintained parking lot is right next to the restaurant. Are you a restauranteur or know someone who is? Send them our way. This space will be 2,888 square feet and will have basement access and storage space. Details on that revitalization project can be seen here: www.observatoryhill.net/WhatsNew/BusinessDistrictRevitalization.aspx Our third revitalization project will be to restore abandoned apartments which are connected to a vacant church. While we are still accessing the damage from two fires in one of these apartments, we hope to be able to restore this building which has much potential. We are guessing that it will cost nearly two million dollars to bring them up to code. They are a feature buildings in our business district and hold fond memories for many residents. We plan to hold a virtual meeting to get ideas and feedback from the neighborhood on how they would like to see this large church space be used - a community center, add new commercial space, etc. Photos and updates on this space can be seen on our website and we are currently collecting donations for this costly project. www.observatoryhill.net/WhatsNew/Conservatorship.aspx