"What we found is Rhode Island's historic cities, towns, and neighborhoods attract visitors, residents, businesses, and investment. The assets of past centuries are the base of a 21st century economy and are often locations of choice for today's Rhode Islanders."
- Donovan Rykema, Historic Preservation Economist
Historic Preservation: An Overlooked Economic Driver
A Study of the Historic Preservation in Rhode Island
Historic preservation pays dividends for Rhode Island's economy, its environment and its quality of life, according to a statewide study commissioned by The Preservation Society of Newport County and Preserve Rhode Island. The report by nationally-recognized economist Donovan Rypkema of PlaceEconomics is the first to analyze Rhode Island's preservation sector on four main themes: Heritage Tourism, Historic Tax Credits, Quality of Life, and Sustainability.