Columbia Sought Fundraisers for McKinney Building
The city is exploring private donation strategies to renovate the historic downtown cultural site.
Updated on Sept. 30, 2026 in Philanthropy
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Columbia has issued a request for expressions of interest from fundraising professionals to help finance the renovation of the McKinney Building. The city purchased the historic 411 E. Broadway property in 2023.
Why it matters
Following a city council request in April, officials are seeking a private path to restore the former hub of Black culture. The move aims to secure the estimated $5.27 million required to bring the long-vacant building back to service.
The city estimates that the renovation project will require $5.27 million in total investment. This effort follows a feasibility study completed earlier this year regarding the site at 411 E. Broadway.
The players
City of Columbia
The local government authority responsible for the management and potential development of city-owned properties.
McKinney Building
A historic property located at 411 E. Broadway that previously served as a central hub for Black culture.
The details
Fundraising professionals have been asked to outline potential cost structures and project timelines for a private campaign. The plan identifies two phases, with the first expected to last three to six months and a potential second phase lasting up to five years.
Timeline
In April 2026, the city council asked staff to develop recommendations for raising money privately.
On September 28, 2026, the city officially issued its request for expressions of interest.
Responses to the city request are due by October 16, 2026.
Market Landscape
The effort to revitalize the McKinney Building reflects a broader trend of municipal governments seeking private-sector expertise to bridge funding gaps for historic preservation. This approach shifts the financial burden away from general tax revenues to protect community landmarks.
Residents may see progress toward restoring a long-vacant downtown landmark if the city secures a successful fundraising partner. The initiative aims to transform a historic space at 411 E. Broadway into an active community site.
The takeaway
Restoring historical cultural hubs requires complex coordination between public ownership and private fundraising expertise. Community members can monitor the city council's upcoming procurement process for updates on the project's timeline.
Further reading
For more on how local organizations are engaging with community support, visit the Philanthropy section.
Source note: This article includes information reported by ABC17NEWS.
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