Schewels, Leggett buildings on Lynchburg’s Principal Avenue offered, actual estate company states | Area Information

Marc Schewel, CEO of Schewels, mentioned he will continue to lease the first-ground courtyard to the now occupied businesses.

“We are fired up about our new headquarters and also about the prospective new uses of our outdated developing,” Schewel explained to The Information & Progress on Thursday. “I think it is a terrific use for the setting up. It has a great deal of heritage for us but we weren’t in a place to do any improvement.”

He claimed he is psyched to have the company’s offices remain downtown amid all the new enhancement.

“It helps make it a lot more interesting for us to go on obtaining places of work downtown,” he claimed.

There are a whole lot of reminiscences and nostalgia connected with the developing at 1031 Principal St., Schewel mentioned, and he hopes West will contemplate naming it the “Schewel” setting up when its complete.

The organization was started off by Elias Schewel in 1897, when he opened his to start with store at 206 12th St. advertising home furnishings and housewares. The downtown area, at the corner of 11th and Main streets, opened in the early 1950s.

When Elias Schewel retired in 1920, he offered the enterprise to his three sons, Abe, Ben and Ike, in accordance to a 1997 News & Progress report. They expanded the company exterior of Lynchburg into Altavista and Harrisonburg in the 1930s.