Tuesday, May 14, 2013

Richard E. Dover Announces Historic Preservation Efforts at Alexander Inn

Richard E. Dover
Richard E. Dover and the team at Family Pride Corporation recently began work at the historic Alexander Inn in Oak Ridge, Tennessee. Dover’s goal is to preserve as much of the dilapidated building as possible and turn it into a senior living community.

Q: You recently started work at the Alexander Inn. What is the greatest issue with this building?

Richard E. Dover: Water is the greatest enemy of old buildings. We had to demolish the ballroom, kitchen and former dining room since there was evidence of mold and wood rot.

Q: A common problem in old buildings. What is the best way to approach it?

Richard E. Dover: It is important to determine the cause of any problem and to resolve the issue rather than to cover it up with a cursory repair.

Q: How long will construction take?

Richard E. Dover: It will take us about a month to get rid of asbestos and mold. After that, we’ll need six to 12 months to finish.

Q: What will the finished building offer?

Richard E. Dover: The assisted living center will have 60 units with lots of amenities and include an Alzheimer’s and dementia wing.

Q: What is the cost for such a project?

Richard E. Dover: It will cost $4.5 million, and we received a $500,000 grant and a 90 percent, 10-year tax break.

Q: Can you tell us a little bit about the inn’s history?

Richard E. Dover: Alexander Inn was built during World War II and hosted notable physicists who were part of the Manhattan Project.

Richard E. Dover and Family Pride Corporation are overwhelmed by the support and interest coming from the community for saving the old inn. Their hope is to create a real asset for the community as well as affordable housing for retired seniors.