Krise building restoration nearly complete, luxury lofts available

LYNCHBURG, Va. (WSET) -- The $12 million restoration of a historic building in Downtown Lynchburg is almost complete.

The Krise building was built in 1905, but has sat empty since the mid 1980's.

Now, it's home to luxury lofts.

There are four commercial units on the first floor and 21 residential units on the other floors.

On Thursday, Lynchburg City Council members and other community partners toured the penthouses on the 7th floor.

The lofts have beautiful views of iconic sites like Monument Terrace and the James River.

They also have some original flooring and windows.

Dr. Samuel Omotoye is a partner in the project.

He said it's been amazing to see the building transform while keeping its rich history alive.

"Not one single floor is the same, especially with the way we were able to recapture and revitalize every floor," said Omotoye. "We got slightly more creative with using the same space to make it applicable as it was in 1905 now in 2020."

A few of the lofts have already been pre-leased, but there are still a number of units available.

Omotoye said tenants should be able to move in within the next month or two after final inspections are completed.