Friends of Eliestoun has been moving forward with deliberate, progressive steps in advancing our work. This work requires much care and due diligence and moves more slowly than we all wish. We have interviewed firms and individuals with whom we plan to work in the upcoming months and years.
Through these discussions and much prayerful work, we selected Metropolitan Build, a Saint Louis-based firm experienced with historic preservation projects and that has a proven history with Principia. Their professional background with Principia includes the renovations of Anderson Hall, Rackham Court, Cox Cottage, and other lesser projects on the college campus. An alumnus of the college is one of its principals.
Our decision to work with Metropolitan Build will commence with the finalization of a Letter of Intent with Principia. Then, we begin a comprehensive feasibility study for Eliestoun. This study includes identifying the highest and best use of Eliestoun to base its continuing service on for the community at large and to complement the mission, vision and values of Principia College. Estimated costs associated with renovating the property and main structure for that use are part of the feasibility study.
By December 31, 2015, we will present a major milestone report to Principia, and expect to be completed with the entire study by March 31, 2016. Several other milestones both before and after December 31 are scheduled and we will post you with these once accomplished.
After the study is complete, we expect to formalize a lease with Principia allowing renovation work to begin on site once sufficient funding goals have been achieved.
Other Eliestoun-related activities include working with Principia College to address emergency repairs. And some local residents have held several yard sales for the community with all proceeds donated to Friends of Eliestoun, now surpassing $1000.