Old Republic Surety Underwrites Award-Winning Restoration Project

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The story of the Monroe Street Abbey restoration in Phoenix, Arizona, is one of vision and perseverance. Erected originally as a Baptist church in 1929, this Italian Gothic Revival building is one of the oldest structures in the city. Nearly destroyed by a fire in 1984, today it stands as both a landmark and a testament to innovative renewal and transformation.

Thanks to Old Republic Surety, the project’s most recent phase was successfully completed in the spring of 2024. Old Republic Surety wrote a $5.3 million bond for Patry Building Company LLC to finish the restoration that had begun prior to the pandemic.

The building was added to the National Register of Historic Places in 1982, but it nearly burned to the ground two years later.