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

    • Overseas Outsourcing Can Create a World of Problems

      The internet broke down geographic barriers for businesses, making it possible to find lower-cost suppliers around the world. But if companies lack the knowledge and skills to manage those suppliers properly, they may end up spending far more than expected. We’ve worked with companies all over the globe to help our clients meet their advertising and marketing objectives while protecting their budgets. While most of those working relationships have been positive, we’ve had...
    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

    • Money magazine judges Fishers as 3rd best place to live in the U.S.

      Fishers Makes Top 10 List of 'Best Places to Live'

      Three communities in Indiana made the top 100 list of best places to live in the country, but only one made the top 10. Fishers was judged by Money magazine as the third best place to live in the United States, behind Clarksville, Tennessee and Round Rock, Texas.

    • 120WaterAudit Lands $7M in Funding

      Zionsville-based 120WaterAudit LLC has closed on a $7 million Series A round of funding. The company says it plans to use the funding to enhance its digital water cloud platform and expand sales and marketing efforts. The funding round was led by Indianapolis-based HG Ventures, with participation from Allos Ventures in Indy and California-based Greenhouse Capital Partners. 120WaterAudit's platform includes software and testing kits to help government agencies, public...

    • ‘Potential’ Fueling Downtown Makeover in Fort Wayne

      As Fort Wayne prepares to christen its latest big downtown project, Mayor Tom Henry says there are no signs of transformational development slowing down in the state’s second largest city. The Landing, a $34 million downtown redevelopment project, is expected to officially open soon, one of an estimated 14 projects that Henry says can help Fort Wayne become a destination city. Since the opening of Parkview Field more than a decade ago, Henry says momentum has...

    • Photo courtesy of Bristol Parks

      Startup Plans to Add 250 Jobs By 2021

      A metal forming startup is seeking to use a facility in Bristol that has been empty since 2017 for a major manufacturing operation. The Elkhart Truth reports Brinco will invest $52 million in the project and add 250 jobs.

    • New study reveals best place in Indiana for young families

      And the Best Place for Young Families Goes To...

      What do you look for in a community when deciding where to start a family and raise your children? There can be several factors to weigh in making a sound decision. Housing affordability. Unemployment rates. Quality of education. Mortage website Lendingtree.com has released the results of a study pointing to the best places for young families in Indiana.