GAINESVILLE, Fla. – Thanks to demand by legislators, city and county officials and historic preservation enthusiasts statewide, a University of Florida research report indicating the state nets billions of dollars annually because of historic preservation and restoration has had to be reprinted.
The study – Economic Impacts of Historic Preservation in Florida – is the first of its kind in Florida and was conducted by the Center for Governmental Responsibility at the UF Levin College of Law and the Center for Urban Policy Research at Rutgers University, with assistance from the Florida Trust for Historic Preservation.
Researchers found that historic preservation activities in Florida – including properties rehabilitation, heritage tourism, Florida Main Street Program, preservation grants-in-aid program, operation of historic museums and federal tax credits – contribute a net of approximately $4.2 billion each year to the state’s economy.
Results of the research were presented to governmental officials and preservationists in December in Tallahassee, Tampa and Delray Beach in a series of meetings organized by the Florida Trust. As a result, demand for the 34-page, full color report necessitated a second printing.
Among key findings of the study, commissioned by the Florida Department of State (through its Bureau of Historic Preservation, Division of Historical Resources) and the Florida Historical Commission:
- Preservation generated more than 123,000 jobs in 2000, providing some $2.7 billion in income to Florida citizens.
- Tourists spend approximately $3.7 billion each year visiting Florida’s many historic sites.
- State and local governments in 2000 benefitted from $657 million in state and local taxes generated by spending on historic preservation activities.
- Communities also benefit from increased property values in historic districts.
Copies of the report are available from the Bureau of Historic Preservation (Mary Rowley: 1-800.847.7278), and also from the Center for Governmental Responsibility’s website, and the State Division of Historical Resources ( http://www.flheritage.com).
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