SEATTLE—A new research report demonstrates how neighborhoods that protect and find new uses for older, smaller buildings are more economically sustainable, culturally vibrant, and opportunity-rich than those with only larger, newer buildings.

The report, Older, Smaller, Better: Measuring How the Character of Buildings and Blocks Influences Urban Vitality, was published by the National Trust for Historic Preservation. The study shows how neighborhoods with a mix of older and newer buildings outperform newer neighborhoods in terms of opportunities for small locally-owned businesses and for local cultural outlets. Older neighborhoods are highly walkable, appeal to young professionals and retirees, and offer a wide array of arts and entertainment options. “The National Trust’s research of neighborhoods with older, smaller buildings is the first comprehensive study of the relationship between cities’ historic buildings and prosperity,” said Stephanie Meeks, president of the trust. “The economic growth of communities is enhanced by preserving our historic neighborhoods. These areas attract more young, talented professionals, contain more businesses per commercial square foot and offer more creative jobs than areas with only larger, newer buildings.” The report was produced by the Preservation Green Lab, an initiative of the National Trust for Historic Preservation, with offices in Seattle, Denver and Los Angeles. The Preservation Green Lab works closely with local, state and national partners to develop innovative content, strategic partnerships, research and public policies that save places.

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