Invictus Development owns two historic buildings in downtown Selma, Alabama with the goal of renovating both to their historic significance. The Adler Furniture building, built in 1860, and The Harmony Club, built in 1908 are the first of hopefully several historic renovations in downtown Selma.
Currently, both buildings have received National Park Service Paul Bruhn funding administered through Opportunity Alabama.
Invictus has partnered with:
Donofro Architects, an experienced historic building architect out of Dothan, Alabama
Lovelady Construction, a well-established historic renovation contractor
Rachel Barry, at the historic tax credit consultant.
The capital stack with include Federal and State historic tax credits, New Market tax credits, as well as lender,and investor equity. The buildings will host a variety of commercial and residential uses.