In small towns and growing cities across America, economic revitalization often begins with something old–something with history, character, and deep roots in the community. At The Development Group, we believe historic preservation is more than just an homage to history. It’s an investment in the future–an essential component of building an energetic downtown that invites commerce, culture, and citizen life to thrive while honoring a community’s unique and important history.
One meaningful example of this philosophy is unfolding at 122 West Main Street in downtown Wauchula, affectionately known as the Reif Building. Originally built as Hardee County Trust Company, and later home to Reif Hardware, the building has long been a fixture of Main Street. Now, through intentional renovation led by TDG–and made possible thanks to a critical grant secured by Main Street Wauchula–, it is being reimagined as a restaurant space–one that respects its architectural heritage while serving the needs of a new generation of entrepreneurs and visitors.



This project reflects the power of partnership. TDG is proud to collaborate with Main Street Wauchula, whose vision and dedication laid the groundwork for this investment. Together, and in close coordination with the Florida Division of Historic Resources (Preservation) to preserve and highlight key features of the original bank design. In the updated rendering, columns that were previously cut off are now restored to their full height, extending to the ground to honor the building’s original facade. This isn’t just aesthetic–restoring these design elements sends a message: this place and its history matters.
The 122 West Main project demonstrates how historic preservation can be a catalyst for economic growth. By breathing new life into this downtown anchor, TDG and Main Street are not only creating a unique opportunity for a future restaurant operator, but also investing in the broader goal of a walkable, inviting Main Street. A restored building attracts foot traffic. Foot traffic attracts business. Businesses attract people. And people build community.
The potential ripple effects are powerful. When downtown becomes a place where people want to gather, shop, and dine, the local economy is strengthened. Property values increase, new local entrepreneurs see potential, residents take pride in seeing their city’s story preserved while also experiencing progress.
TDG’s vision for the Reif Building isn’t just about bringing a restaurant downtown. It’s about bringing a historic building back to life, honoring its past, and turning it into a place where people can gather, eat, and enjoy community. Through projects like this, and with strong partners like Main Street Wauchula, we’re demonstrating how history and progress are not at odds–but are powerful partners in building a better future for Hardee County.
As we continue marketing this space to potential operators, we remain committed to turning a piece of history into a springboard for future downtown success.