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A Future for the Past: the economic value of historic preservation

Rolsma, M.F. (2011) A Future for the Past: the economic value of historic preservation. Master thesis.

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Abstract

Historic preservation has led to inputs through cultural tourism, downtown revitalization, higher property values and multiplier effects resulting from government spending on historic preservation. Research has mainly focused on historic preservation in large metropolitan areas. This research focuses on the case of a medium sized city with a large university in the north of Florida. An extensive literary study, data analysis and interviews have shown that the economy of Gainesville benefits from having a large stock of built heritage.. The economy of Gainesville has experienced downtown revitalization and property values in historic districts have risen faster than property values in comparable neighborhoods. Also, there seems to be a spatial clustering between historic districts and economic activities. This empirical evidence points to historic preservation as a development tool, therefore, government and private spending on historic preservation is justified from an economic and cultural point of view.

Item Type: Thesis (Master)
Degree programme: Economic Geography
Supervisor: Steen, P.J.M. van
Date Deposited: 23 Apr 2020 05:35
Last Modified: 23 Apr 2020 05:35
URI: https://frw.studenttheses.ub.rug.nl/id/eprint/2083

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