There is an article in a Washington state newspaper today entitled “Historic preservation a key component of downtown revitalization” that discusses a talk given by noted preservation economist Donovan Rypkema. The article mentions many of Rypkema’s speech points related to downtown revitalization, LEED requirements, economic development and how historic preservation factors in.
According to Rypkema, “Too often, communities are turning to so-called green building and boasting of their energy efficiency, through Leadership in Energy and Environmental Design certification, while ignoring the environmental cost of demolishing structures and hauling debris to a landfill. More and more, this LEED certification is being used as a club to demolish historic buildings.”
Please check out the article as well as some of Rykema’s other resources to learn more about the economics of historic preservation.