A historic building in Phoenix once slated for demolition will be preserved in downtown’s Roosevelt Historic District.
The single-story home, built in 1909, is surrounded by five-story apartment buildings near near Third Avenue and McKinley Street.
Listed in the National and Phoenix historic property registers, it’s recognized for its Craftsman style architecture and association with Elizabeth Seargeant-Oldaker, who’s credited with founding the Arizona Museum in 1923.
Phoenix leaders have approved a $400,000 grant for the property owner, with another $324,329 expected to come through state fund and the owner, LiveForward Development, contributing $626,316.
The money should cover more than half the cost of setting a new foundation, rehabbing it to use as a restaurant, and relocating it on the 21,000-square-foot property to make room for a multi-use development.
