First Financial Donates Historic Building For Restoration

Posted: Updated:
(photo courtesy Indiana Landmarks) (photo courtesy Indiana Landmarks)
TERRE HAUTE -

Terre Haute-based First Financial Corp. (Nasdaq: THFF) has donated the more than century-old building that previously served as its main office to Indiana Landmarks. The parent of First Financial Bank says once the building has been restored, it will serve as the new home of the CANDLES Holocaust Museum and Education Center.

The building at 643 Wabash Avenue in downtown Terre Haute was built in 1903. It served as the bank's main office headquarters for 60 years until the bank moved into its current facility in 1988. Since then, its space has been shared by the Terre Haute Chamber of Commerce, the Wabash Valley Community Foundation, the Terre Haute Economic Development Corp., the Terre Haute Convention & Visitors Bureau and the western regional office of Indiana Landmarks.

Indiana Landmarks says it and CANDLES approached First Financial about donating the building in 2016.

"We knew that CANDLES needed more space and wanted to move downtown," said Indiana Landmarks President Marsh Davis. "And having been a tenant in the old First National building many years ago, we thought it could be an ideal location for CANDLES. We’re grateful to the bank for helping us pursue our vision."

In addition to donating the building, which is listed on the National Register of Historic Places, the bank is also contributing $110,000 to help Indiana Landmarks begin the renovation process. Davis adds former Indiana Landmarks board member Fred Nation first encouraged to organization to pursue the restoration of the building.

"The saving of a historic building is more than preserving a structure," said Nation. "It is finding a new use for a landmark that stands for the character and history of the community. Instead of going to a landfill, this majestic structure will continue to build memories for and serve new generations as Terre Haute's downtown continues to regain vitality."

A timeline for the renovation process was not provided.

  • Perspectives

    • Delegation Spurs Growth

      When was the last time you or your nonprofit board delegated something? Better yet, when was the last time you should have delegated something but didn't? Effective delegation is an art and often lacking, but by following a few simple steps it becomes easier and can spur growth and sustainability in an organization. In the grand scheme, there is no lack of tasks to delegate, and yet few people can do it effectively.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (photo courtesy Scotty's Brewhouse)

      Scotty's Brewhouse Begins Franchising

      Indianapolis-based Scotty's Brewhouse is continuing its growth plans. The restaurant has launched a national franchise program in an effort to bring the Scotty's brand to more locations throughout the U.S. Scotty's currently has 17 restaurants, most of which are located in Indiana.

    • Indy Firm Taps Appirio Exec as CEO

      An Indianapolis-based design and innovation consulting firm has named a new chief executive officer. Studio Science says Steve Pruden, who most recently served as senior vice president of human resources with Indy tech company Appirio, will lead the company.

    • Sales Tech Platform Scores Funding Boost

      A less-than-year-old sales technology company has announced a second round of funding. Costello, which bills its platform as a "real-time sales playbook," has secured $2.1 million in seed funding from investors in Indiana -- Collina Ventures LLC Innovatemap Ventures, Elevate Ventures, Innovate Indiana, serial entrepreneur Chris Baggott and Copper Mountain Technologies Chief Executive Officer and former T2 Technologies executive Irena Goloschokin -- as well as...

    • Rural Indiana Facing 'Have/Have-not Situation'

      The CEO of Indianapolis-based Indiana Fiber Network calls the 16-year-old broadband internet provider "a great Hoosier success story." IFN, which was launched with a focus on high-speed connectivity for 20 rural telephone companies, now includes some 4,000 buildings throughout the state plugged-in through a network of more than 4,500 miles of fiber. Despite its growth, Jim Turner says there's still work to be done to bridge the broadband access gap in rural areas.

    • (photo courtesy RQAW Corp.)

      Architecture Firm Set to Open New HQ

      An architecture firm previously located in Indianapolis will Wednesday afternoon cut the ribbon on its new Fishers headquarters. RQAW Corp. says it will also detail its progress toward its job creation commitment to the Indiana Economic Development Corp.