Preservation in Action
These historic buildings, acquired through Fund II, showcase our commitment to preserving and revitalizing America’s architectural and industrial heritage. Through Preservation Funds, we will continue transforming historic properties into income-producing community assets that deliver returns for investors and benefits for future generations.
Meet the DeGraff Building
118 N Tejon Street, Colorado Springs
The DeGraff building was built in 1897 and is one of the few remaining commercial buildings dating from the boom period following the Cripple Creek gold strike. Over the years, the building has held retail shops, offices, and apartments. It was last restored in 1982 and was already on the National Register of Historic Places.
The building is nearing full occupancy! Flagship tenant,
Oskar Blues, occupies the basement and 1st floor. Other tenants include attorneys' offices and various professional services. Revitalization Unlimited is building out office space and has plans for upgrades to the foyer and bathrooms on each floor.
World Precious
Metals Building
Miami - 40 NE 1st Avenue
The World Precious Metals building, completed in 1917, was once the tallest in Miami. It includes two connected structures: an eight-story tower originally built as a gold foundry, and a three-story corner building added about twenty years later. Over time, the space transitioned into a retail jewelry store on the lower levels. Still a prominent fixture in Miami’s Jewelry District, the building was added to the National Historic Registry in 2005.
It was last updated several years ago and now features a mix of retail and office space, with potential for hospitality use. The building is actively seeking additional tenants as minor upgrades continue. Revitalization Unlimited has established its headquarters in the space and is currently refining select areas to maximize long-term use.
The Garment House
Kansas City - 1000 Broadway Blvd.
Built in 1905, The Garment House sits in Kansas City’s historic Quality Hill neighborhood, once part of the thriving Garment District that produced nearly 25% of U.S. clothing in its prime. The building was originally home to wholesalers, fashion offices, and small manufacturers. Prior to the pandemic, it had become a lively destination featuring restaurants, bars, and professional services—and rumor has it, Travis Kelce once celebrated his birthday in the penthouse!
Although COVID-19 led to temporary closures, downtown Kansas City is rebounding, and the Garment House is positioned in the heart of it all. Roof and HVAC upgrades are currently underway. Revitalization Unlimited is in the process of finalizing a multi-year lease with a local restaurant group for the underground and first floors.