Preservation & Reuse
Assess historic character and explore practical new uses.
Bring Historic Places To Life
Historic Property Services
Let’s Bring Your Historic Property To Life
Serving Hot Springs and surrounding areas
From the first walk-through to the finished story, Wallace brings hands-on restoration and property experience to your project. Choose one service or build a tailored plan with the right specialists for your historic place.
Historic Tax Credits
Explore possible credits, documentation, and application specialists.
Project Team
Connect with architects, engineers, contractors, and skilled trades.
Project Oversight
Shape the scope, compare bids, coordinate schedules, and guide site decisions.
Costs & Operations
Explore building costs, rental income, operating plans, and general management.
Property Storytelling
Coordinate research, photography, video, interviews, and documentary work.
Inquire About Your Historic Property
Tell me about your property, your goals, and where you could use guidance.
“I look forward to helping others bring historic buildings back to life through adaptive reuse and rehabilitation.” — Wallace Stone
Before & After
Stay With Us
Historic Stays & Gatherings
Book a stay at Capone’s Loft or Out of the Park. Frank’s Loft is coming next.
Places To Stay
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6 guests · 2 bedrooms
A historic downtown loft with original character and room to unwind.
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Up to 42 guests · Indoor batting cage
A baseball-inspired stay for group getaways and gatherings.
In development · 318 Central Avenue
A new chapter for a historic downtown building.
Historic Downtown Hot Springs
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Explore Hot Springs
Downtown discoveries, lake days, Magic Springs, and Oaklawn racing. Find more to do with Visit Hot Springs.
Wallace Stone
Developer & Preservationist
Wallace combines historic preservation, thoughtful design, and hands-on vacation rental development to give old buildings new purpose. He also serves on the Hot Springs Planning Commission.
Preservation Recognized