Prime Redevelopment with Historic Charm & Strategic Incentives
8?West Victory Drive presents a rare opportunity to creatively reimagine a late-19th-century historic gem just steps from Savannah’s culturally rich Starland District. This 2,125?sf, two-story structure—zoned TC-2—comes with redevelopment-ready plans and access to a suite of financial incentives designed to catalyze revitalization.
Key Value-Adds:
Historic Tax Credits: Eligible for up to 20% (plus 5% bonus in qualifying zones) of rehabilitation costs—offsetting material, construction, and restoration expenses.
Property Tax Savings: A potential 8-year freeze through historic preservation programs, plus a 10-year graduated abatement under Savannah’s Enterprise Zone program.
Contextual Advantage: Minutes from Starland’s eateries, galleries, boutiques, and cultural energy—plus walkability, transit access, and strong community buzz.
This property ideally suits a developer looking to blend historic preservation with modern innovation—be it a boutique lodging spot, creative office campus, or mixed-use destination. The combination of rich character, strategic location, and robust financial levers makes 8?W?Victory Drive a standout redevelopment candidate.