The iconic and historic Krise Building has been located in the heart of downtown Lynchburg since 1905, then known as “Lynchburg’s first skyscraper.” Once home to the American National Bank and commercial office space above, the 7-story building has been rehabilitated to become Luxury New York Style Apartments. The redevelopment program called for continued use of the basement spaces for utilities, the first floor to remain as tenant business uses, thus allowing the second through seventh floors for residential use. With 21 apartments in total, options include one, two, and three-bedroom apartments, as well as two penthouse suites on the top floor which overlooks the city. With a blend of modern, framed in classic history, the units range in size from 800 square feet to 2,600 square feet, while all feature an abundance of natural light.
The period of construction, prominent downtown Lynchburg site, and architectural features made it eligible for federal and state historic tax credits. Due to rehabilitation on all floors, the building was brought into compliance with current building codes. New construction additions included new floor systems and wall infills at each of the two existing light wells on the west side of the building. The historic windows were restored and energy panels added. Other significant exterior features include existing brick and terra cotta masonry restoration, entrance door and storefront repairs and restoration. The existing elevator was modernized with new cab, doors, controls, and drive equipment. The existing metal roof was replaced with a membrane type roof including code compliant rigid insulation. Existing electrical, mechanical, and plumbing components were removed, and replaced with new energy efficient heat pump systems. The project incorporated and was certified by the National Green Building Standard (NGBS), a green building rating system for apartments approved by the American National Standards.
To live or work in the Krise Building is to be a part of history and the rebirth of downtown Lynchburg.