My house is not located within the proposed historic zone (H-1). How will the creation of the H-1 zone benefit me?
The area included inside the proposed historic zone also happens to be one of the areas in the downtown most vulnerable to change and neglect. To the extent historic zoning (H-1) status will counteract these threats and prevent the deterioration they can cause, the whole neighborhood will become more stable and the quality of life for everyone in the neighborhood, inside and outside the historic zone will be preserved and enhanced. Studies have shown that property value increase inside a designated historic zone. What once was a slowly deteriorating area can be stabilized and property values will begin to increase.
Related Questions
- If a historic zone (H-1) is created, but subsequently proves to be unsatisfactory to most of the property owners inside it, can it be undone?
- My house is not located within the proposed historic zone (H-1). How will the creation of the H-1 zone benefit me?
- Whats the plan for the Historic structures (50 years or older) located in the development zone?