What Are the Advantages of Establishing a Historic District?
One of the strongest qualities of local historic district designation is that it can be tailored to the specific needs and distinct identity of the community, and helps to protect and preserve local resources, even while the community is changing. Development that enhances a historic district is important to the city’s evolution since it ties past, present and future together. Change further indicates a healthy and lively community, and reflects the united pride and investment the residents have in their neighborhood. There are numerous other advantages to establishing a local historic district: • Local districts protect the investments of owners and residents. Buyers know that the aspects that make a particular area attractive will be protected over a period of time. Real estate agents in many cities use historic district status as a marketing tool to sell properties. • Local districts encourage better design. It has been shown through comparative studies that there is a greater sense
