SOLUTIONS FOR:

Historic Preservation

Comprehensive Analyses

Our team at Econsult Solutions, Inc. (ESI) understands the true value of preserving and revitalizing the rich history that fills the country. We provide comprehensive analyses and evaluations to help support and encourage the further investment and development of historic conservation.

With our extensive background in quantitative and qualitative impact analyses, fiscal and economic impact modeling, asset evaluation, and strategic planning, we provide a full picture of all benefits and impacts that come with rehabilitating and preserving history. This includes not only quantitative analyses but also qualitative impacts that can supplement project planning and evaluations.

Our business advisory services include:

  • Economic Impact Analyses.
  • Fiscal Impact Analyses.
  • Impacts from Federal and State Tax Credit Programs.
  • Property Value Impacts and Evaluations.
  • Qualitative Impact Analyses.
  • Project Feasibility Evaluations.

Our talented team of experts includes: Dr. Peter Angelides, who is a member of the City of Philadelphia’s Historic Preservation Task Force; Stephen P. Mullin, whose dynamic career concentrates on state and public finance, economic and real estate development and impact analyses and has served on the board for Philadelphia’s Historic Commission; Lee Huang, M.P.A., bringing diverse expertise in real estate development, economic development, economic and fiscal impact, historic preservation, and recreational amenities.

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Our Experts on Historic Preservation

The Economic Benefits of Historic Preservation Activities in PA

ESI was retained by the PA Historical Museum Commission and Preservation PA to show the economic benefits of investment in historic preservation. The study found that historic preservation efforts have great economic impacts, including an increase in property values, downtown revitalization, tourism activity, job creation, and tax revenue generation.

Historic Preservation in Philadelphia

ESI reformed an economic impact study of historic preservation in the city. The analysis included estimates on private real estate projects, rehabilitations by governments and non-profit entities, and residential conversions.