Effects of Conservation of Old Building on Economy, Neighborhoods, and Environment


The old buildings and architecture must be preserved because it has some great effects on the economy, the environment, and the neighborhood. Are you aware of the good effects of preservation of old architectural buildings? Here are some of the significant effects of preservation.

On Economy

  • The tourism industry is growing with each passing day. Preservation of monuments can have a great effect on the heritage and cultural tourism.
  • The preservation of old building calls for skilled labor during construction. It is advantageous for the local economy because it provides jobs and reaps in dollars. It will also result in the purchase of more services and materials from the local stores.
  • The old constructions are more stable and durable than the new single used construction.
  • The value of the property either remains same or rises to some extent in the significant districts.
  • To construct a new building, an old building needs to be demolished and the demolition cost can be saved if the old building can be restored.
  • Old buildings are valuable for the new start-ups, non-profit entities, and small businesses as it provides low-cost incubator area. Old buildings are generally located in a central place which can benefit the new businesses. Whether bank or post office, accountant or attorney, everything is easily accessible.

On Neighborhood

  • Preservation of old buildings reflects a sense of responsibility and respect for the ones who exist no more and the people who constructed the historic monument during that era. It also shows the concern of the citizens towards the betterment of the community.
  • Property valuation is less in the areas where there are vacant houses and empty plots. Preservation of old buildings can reduce the emptiness.
  • Building new houses are costlier than the restoration of the old buildings.
  • Protection of the old building connects people with the community and their neighbors. It also increases and encourages public involvement.

On Environment

  • The solid waste from the construction site can be avoided in case of restoration of the building. It is the eventual recycling because preservation keeps the toxic construction wastes at bay from the landfill.
  • Excavation, manufacturing, transportation, assembling of glass, wood, steel, bricks, etc. requires much vigor than restoration. Conservation protects the exemplified material vitality used to build the structure.
  • The urban stretch diminishes as the infrastructure and buildings are reused while restoration.

Destruction is not good for anyone. Therefore, restoration of the building is beneficial for all and the historic buildings and architecture must be preserved.