Groundbreaking new research on three American cities finds that older, smaller buildings are better for cities’ economy, cultural vibrancy and quality of life than taller, more massive brand new structures. http://www.preservationnation.org/who-we-are/press-center/press-releases/2014/older-smaller-buildings-are.html#.U3Y0QfldViY
And neighborhoods that protect their older buildings and find new ways of using them outperform newer neighborhoods economically and are more walkable and more attractive to young people and retirees, according to the new study by the National Trust for Historic Preservation.
The research on Seattle, San Francisco and Washington, DC is the first complete study to measure the relationship between historic buildings in cities and prosperity , according to National Trust President Stephanie Meeks. “The economic growth of communities is enhanced by preserving our historic neighborhoods.”
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