SUBJECT: Historic preservation makes sense, but does it make cents? New study tracks economic impacts for Nebraska.
The economic impact of historic preservation in Nebraska is being assessed by the nation's foremost consultants on the subject. Researchers from Rutgers University of New Jersey are applying a state-of-the-art economic model they pioneered to assess the dollars and cents that history contributes to Nebraska. The UNL Bureau of Business Research is collaborating on the study.
The statewide study has been commissioned by the Nebraska State Historical Society. It is being funded by a grant from the U.S. Department of the Interior. An advisory group of Nebraska officials representing economic development, tourism and real estate are guiding the study.
"Historic preservation makes good sense, and now we'll have the facts to demonstrate that," said Michael J. Smith, Director/CEO of the Nebraska State Historical Society and State Historic Preservation Officer. The study is one of the most detailed analyses of preservation's economic impacts in the nation, Smith noted, adding,"The results will be important in developing our priorities for local and statewide efforts in Nebraska."
Preservation tax incentives, property values in preserved neighborhoods, "main street" revitalization, and cultural tourism to historic sites and museums will figure in the research. The final report will be issued later in the fall.
For information on historic preservation in Nebraska visit www.nebraskahistory.org/histpres.
For more information: Mike Smith, 402-471-4745 or Bob Puschendorf, 402-471-4769
For general information:
Chief Education and Research Officer
Nebraska State Historical Society
1500 R Street
PO Box 82554
Lincoln, NE 68501
The Nebraska source for the histories we share