The Economic Impact of Preserving Historic Buildings

GBX Group has engaged Rutgers Edward J. Bloustein School of Planning and Public Policy to study the economic impacts of GBX’s historic preservation properties in urban markets throughout the U.S. The school is one of the nation’s key centers for the theory, practice, and research of these impacts through the deployment of their proprietary R/ECON™ input-output (I-O) model. Rutgers has long been involved in the study of the economic impacts of historic preservation, having produced the Annual Report on the Economic Impact of the Federal Historic Tax Credit for the National Park Service. GBX has also partnered with PlaceEconomics to complete impact studies in Columbia, SC and Columbus, OH.

Arcade Building
Arcade Building

Constructed in 1912, the Arcade Building reflects the Italian Renaissance Revival style of architecture. It has a terra cotta and marble facade with an iron and reinforced concrete structural system. Columbia’s only arcade, it is a two-story, L-shaped building with facades on both Main and Washington streets.

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Historic Powell Furniture Store
Powell Furniture Store Impact Report

The Powell Furniture Company Building is comprised of architectural office space and hospitality space. Hotel Trundle, the first independent boutique hotel...

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INVESTING FOR TODAY, PRESERVING FOR TOMORROW
Investing for Today, Preserving for Tomorrow
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Using the Right Tools: Preservation Easements and Downtown Columbia, South Carolina
Using the Right Tools: Preservation Easements and Downtown Columbia, South Carolina
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Twin City Motor Company
Twin City Motor Company

The 1926 Northup & O’Brien-designed building was constructed for Fred J. DeTamble as a Ford dealership known as the Twin City Motor Company. The purpose-built auto...

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