This paper argues that assigning historic district designation to a neighborhood or urban area increases the value of properties within the district and revitalizes the area economically because of the positive externalities associated with historic districts. It focuses almost exclusively on the economic and commercial reasons for why a historic property should be conserved and how policies to do so should be implemented.
Recommended CitationRomero '05, Ana Maria (2004) "The Positive Externalities of Historic District Designation," The Park Place Economist: Vol. 12
Available at: http://digitalcommons.iwu.edu/parkplace/vol12/iss1/16