Historic preservation is not only aesthetically pleasing, it helps to protect and share our history while providing economic, cultural and environmental benefits to our community. In fact, a comprehensive 2010 study of historical preservation in Florida showed an annual positive economic impact of $4.2 billion annually. Economic Impacts of Historic Preservation In Florida
Economic Benefits
- Stabilizes and improves property values
- Encourages better quality design
- Affords possible eligibility for tax benefits
- Reduces the cost of construction through the reuse of existing structures
- Attracts buyers looking for unique historic properties
- Supports cultural and historical tourism
- Encourages local economic growth
Cultural Benefits
- Fosters a sense of civic pride
- Retains authenticity
- Preserves craftsmanship and style of artisans
- Contributes to an improved quality of life
Environmental Benefits
- Conserves resources
- Reduces reliance on new materials
- Enhances energy efficiency through historic structure that takes advantage of natural light
- Reduces waste and the energy intensive production of new construction materials