Sunday, March 4, 2012

CT Trust Explains the Economic Value of Restoring Historic Areas

Donovan Rypkema made a convincing argument, in many ways, for the preservation of historic districts, as a good use of investing finances.  The result, he says, makes it possible for Connecticut to preserve its heritage, as well as keep its workers employed.  Many in Connecticut have suffered a loss of productivity in development because the banking capital is less available to build in areas around the state that were previously being developed at a rapid pace up until the middle to the end of the last decade.

Preserving and restoring historic districts is more economically viable, so we should be thankful for that. Cities are more fuel efficient than the spread-out areas that surround metropolises, and require less energy to sustain the population of a greater number of people, when compared to the suburbs.

But don't listen to me!  Hear it from an expert.  It's Donovan Rypmeka, speaking at an event hosted by CT Trust for Preservation, and understand both the long-term and the short-term benefits of historic preservation.