In 2018, Eastern Iowa Community Colleges sold the building for two million dollars to Jim Bergman. He, Chris Ales, and the Jeff Goldstein family are the three, main investors.
Bergman says office space in the 103-year-old building has been converted to 66 apartments. A variety of state and federal tax credits enhanced the finacing of the huge undertaking. And it only took 45 days to rent all the units in the Kahl building.
Bergman says the general contractor, Door Creek Construction. hired many local sub-contractors to renovate the historic property on the corner of 3rd and Ripley in Davenport.
Tickets went on sale last month for the first concert scheduled in the newly renovated Capitol Theater. Blackberry Smoke will take the stage in late September. The theater's new promoter is First Fleet Concerts.
Before selling it, Scott Community College had been using the Kahl Building for classes since the mid-1990's. It was a gift from the family of V.O. and Elizabeth Figge. She was the daughter of Henry Kahl, the building's namesake.
