Money matters: Meeting on benefits of historic preservation

A billion, with a B. That’s how much historic preservation in Missouri contributes to the state’s gross state product  according to a 2002 by the Center for Urban Policy Research, Rutgers University.

Now, the city of Columbia is inviting the public to look over a study designed to tabulate how much local historic preservation benefits the city’s economy.

At 6 p.m. on Tuesday, May 1, 2012, Columbia’s Historic Preservation Commission will hold a public meeting about a study on the economic impact of historic preservation in Columbia, Missouri. The draft executive summary is available online here.

The meeting will be held in rooms 1A and 1B of City Hall at 701 E. Broadway in Columbia.

The draft executive summary includes a table that indicates $79.94 million has been reinvested in historic properties in Columbia since 2002, helping to support an estimated 800 jobs in the city as a result.

This research is being conducted in partnership with a Historic Preservation Fund Grant from the Missouri Department of Natural Resources Historic Preservation Office.

Here’s a link to a Columbia Tribune article on the upcoming meeting.

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