North side of 100 block of West Main Street 3. Must be in imminent threat of demolition or badly in need of repair. At a Historic Preservation conference in Louisville, the keynote speaker, preservation economist Donovan Rypkema, discussed why historic preservation is a good smart growth strategy. He presented a list of 18 reason why buildings should be saved and neighborhoods revitalized. Public transportation already exists.
Trend is back to historic neighborhoods.
Diversity of rental rates. New construction is more material intensive, and therefore money is transferred to suppliers outside the community. Landfill space is becoming scarce. Therefore, avoid demolition. Inner city neighborhoods are Real Urbanism and not the suburban New Urbanism.