Government & Politics
11:45 am
Mon June 23, 2014

Historic Preservation As Economic Development: Peduto Says Yes, Please

The YMCA building in East Liberty plans to use preservation tax credits to develop a hotel.
The YMCA building in East Liberty plans to use preservation tax credits to develop a hotel.
Credit Irina Zhorov / 90.5 WESA

Pittsburgh Mayor Bill Peduto announced that he wants to use the city’s stock of aging buildings as a tool for economic development.

Beyond Pittsburgh, too, Pennsylvania has no shortage of old buildings and some cities have long used them as a selling point. 

A new study measured the impact of maintaining older buildings in urban areas and concluded that for cities lucky enough to have them, leveraging them can bring development.

Read a full version of this report at the website of Keystone Crossroads, a new statewide public media initiative reporting on the challenges facing Pennsylvania's cities.