The Lima Trust Building Adaptive Reuse

43 Town Square exemplifies adaptive reuse of the circa 1926 iconic Lima Trust Company building designed by Weary & Alford Company. The 12-story limestone-faced building features grand Chicago-style commercial architecture from the early 20th century with Renaissance Revival influences and now offers 47 open-concept, energy-efficient apartments with modern finishes for affordable and market rate housing.

Developer Woda Cooper Companies selected Perspectus to assist with the design and tax credits. The project was funded partially through Low Income Housing Tax Credits, federal and state historic tax credits.

Exterior building work involved full restoration of the cast iron and bronze windows, plus isolated masonry and pressed copper cornice repairs. Interior restorations on rich historic features included plaster walls and ceilings; wood doors, paneling and trim; Tennessee and Travertine marble walls, and flooring; original leaded-glass windows; and ornamental stairs and railings. The grand bank lobby was restoration retained many of the original features including bronze bank teller windows, coffered plaster ceiling, wrought iron chandeliers, and a magnificent two-story stained glass window.


  • LOCATIONLima, Ohio
  • SIZE102,000 SF
  • PROJECT TYPEHistoric
  • SERVICESArchitectural Design, Federal + State Tax Credits, Restoration
  • ROLEHistoric Architect
  • RECOGNITIONAIA Akron Design Award of Merit