PreserveCast: Preservation Economics with Donovan Rypkema

12/05/2017
By Preservation Maryland

As tax reform moves forward and the future of the federal Historic Tax Credit remains uncertain, Donovan Rypkema of PlaceEconomics discusses why preserving historic places makes good economic sense and the value that the credit adds to community revitalization across the country.

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Understanding why preserving historic places makes good economic sense can sometimes seem complex and hard to explain. But fortunately our guest today is Donovan Rypkema, the Principal of PlaceEconomics and the President of Heritage Strategies International, who has made a career out of explaining the interplay of economics, real estate, and preservation. Donovan is one of the world on preservation economics, and he and Nick Redding of Preservation Maryland talked about the research that Donovan and others have done into the economic benefits of preservation, both short and long term, as well as the uncertain future of the Federal Historic Tax Credit program.

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Preservation Maryland is Maryland’s first and largest organization dedicated to preserving the state’s historic buildings, neighborhoods, landscapes, and archaeological sites.

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