Stories

Investing in an icon

Hamilton Community Foundation will have a new home in 2023. This fall, TAS, an impact development company, announced it had acquired the historic Coppley Building in downtown Hamilton. HCF is both a founding investor in the project and a future anchor tenant.

TAS plans to restore the Coppley Building’s original character and footprint, transforming it into a community-serving hub that will include a lively mix of commercial uses and tenants. Restoration and renovation is expected to begin in mid-2022, and TAS plans to start welcoming new tenants — including the Foundation — in mid-2023. HCF’s investment is part of its impact investing commitment that targets both social and financial returns.

“For over 165 years, this landmark has meant so much to the vibrancy of the core and the lives of many Hamiltonians who worked here,” says Terry Cooke, HCF’s President & CEO, pictured above with Mazyar Mortazavi, TAS President & CEO. “We look forward to partnering with TAS to deliver a new hub for commercial and social activity downtown.”

 

Excerpt from 2021 Fall Legacy newsletter