The Economic Impact of Preserving Historic Buildings

GBX Group has engaged Rutgers Edward J. Bloustein School of Planning and Public Policy to study the economic impacts of GBX’s historic preservation properties in urban markets throughout the U.S. The school is one of the nation’s key centers for the theory, practice, and research of these impacts through the deployment of their proprietary R/ECON™ input-output (I-O) model. Rutgers has long been involved in the study of the economic impacts of historic preservation, having produced the Annual Report on the Economic Impact of the Federal Historic Tax Credit for the National Park Service.

Twin City Motor Company
Twin City Motor Company

The 1926 Northup & O’Brien-designed building was constructed for Fred J. DeTamble as a Ford dealership known as the Twin City Motor Company. The purpose-built auto...

Cedar Crest Inn
Asheville Inns

This collection of three historic homes was constructed between 1891 and 1909 for important leaders and businessmen in the Asheville area. Highlighting Victorian and Greek Revival-style architecture, the buildings...

National Park Service
Federal Tax Incentives for Rehabilitating Historic Buildings Annual Report for Fiscal Year 2022

The Federal Historic Preservation Tax Incentives Program, administered by the National Park Service in partnership with the State Historic Preservation Offices, is the nation’s most effective program to promote historic preservation and community revitalization through historic rehabilitation.

National Park Service
Annual Report on the Economic Impact of the Federal Historic Tax Credits for Fiscal Year 2022

Beyond the National Park System, the National Park Service (NPS) through its Cultural Resources, Partnerships, and Science programs is part of a national preservation partnership working to promote the preservation of historic resources in communities small and large throughout the country.

Del Monte Apartments
Del Monte Apartments, Columbus, OH

The historic 1905 Del Monte Apartments were built by Philip Lindenbergy and designed by Charles W. Bellows. Strategically located, the building reflects a trend from many of Ohio’s urban centers in the early...