Friday Round Up: Historic Buildings, Tax Credits, and Demolition

Preservation has been in the news lately. First, you may have seen the Winchester Star article on the latest Historic Tax Credit studies. You can watch the accompanying video interview on YouTube or below:

If you are up for a little light reading on historic tax credits and their impact in Virginia, you can read the full 94 page Preserving the Past, Building the Future or the four-page Executive Summary to hit the highlights. You may also want to read the similar economic analysis Virginia’s Historic Tax Credit Program prepared by Baker Tilly. Both studies back up the assertion of Historic Preservation Tax Credits paying for themselves over time and positively impacting not just buildings but entire communities.

You may also want to read the Winchester Star article on the approval of the demolition of a property on Sharp Street at the Board of Architectural Review last night. PHW President Bruce Downing was present to voice our concerns about the demolition of this property essentially by neglect. Sharp Street as a whole is a very architecturally and historically significant, if often overlooked, area of our Historic District. We hope the proposed changes and new construction, which are scheduled to return at a future meeting, will continue to honor and reflect the unique character of that block.