Phillips Packing Company in Cambridge Selected to Receive Historic Preservation Tax Credit Award

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Eastern Shore Land Conservancy (ESLC) announced today that the Phillips Cannery ‘Factory F’ received a $3M (of $9M available) Maryland Heritage Structure Rehabilitation Tax Credit award reservation for fiscal year 2017 from the Maryland Department of Planning. The project is amongst only eight projects selected statewide based on the urgency of the need for rehabilitation and the strategic location of the project. The rehabilitation of the Phillips Cannery will not only help Cambridge revive one of Maryland’s precious resources, but also assist in sustaining vitality in the community. The tax credit program is regarded as one of the most effective tools for revitalizing historic communities.

A joint venture between ESLC and Baltimore’s Cross Street Partners, the project is moving forward in an effort to repurpose Factory F as a hub for creative food production, retail and small business, and entrepreneurial initiatives that build off of the Eastern Shore’s famed farming resources and growing local food economy. More specifically, the “Food and Farming Exchange” would include a microbrewery, kitchen incubator and market, shared-use office innovation hub, oyster bar, and event space available for rent to the community.

But the financial piece of the puzzle isn’t complete just yet. With a price tag of $18.5M, the new Phillips building still faces stiff headwinds in raising additional funding and securing tenants who will bring the renovated building to life. With an incredible commitment from town/county/state/federal government, along with the support of the food and farming communities of Cambridge and the Eastern Shore, ESLC believes that a rehabilitated Phillips Factory F would provide enormous upsides for everyone involved.

In an effort to combat sprawl on Maryland’s scenic Eastern Shore, ESLC founded its Center for Towns Program in 2011. Director Katie Parks leads the organization’s offer of technical support with projects involving the planned conversion of empty lots, underused or rundown buildings, and other available space within a town’s already existing infrastructure as an alternative to overdevelopment of rural areas.

The 60,000 sq ft historic Factory F building is significant due to its association with events that shaped the history of Cambridge. Originally built in 1920 as a furniture factory, the building later became part of the Phillips Packing Company empire which employed thousands in Cambridge, purchasing upwards of 1 million dollars in product from Delmarva farmers annually. The building, while neglected and vacant since the 1960’s, was the only structure spared from demolition and features an open floor plan, soaring ceilings, and the opportunity to retain many historic architectural features that will impart the space with an authentic, Eastern Shore manufacturing aesthetic.

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