Redevelopment Of Historic Properties

Historic preservation through real estate development

Historic Boston Incorporated chooses projects that will have a significant impact on their surrounding neighborhood. Each project is evaluated based on its individual merit and potential. Generally, the property must be eligible for or listed on the National Register of Historic Places or designated or recommended for designation as a Boston Landmark.

It is likely to be given priority if it is prominently located and a bell-weather for the future well-being of a neighborhood.HBI’s project plans are guided by the U.S. Secretary of the Interior’s Standards for Rehabilitation. The following criteria are used in screening all projects that HBI engages in:

Significance: Resource merits preservation

Local, state or federal historic preservation designation

Contributes to local culture, character or history

Is in a highly visible/prominent location


Need: HBI can meet a preservation challenge that would not otherwise be met

The market will not support preservation

Regulatory controls will not protect the resource

There is a short window in which neither public sector or private sector can respond in a timely fashion


Neighborhood Impact: Project contributes to wider revitalization

Encourages investments by others

Supports recent investments by others

Is located in an HBI program area

Supports neighborhood life or institutions

Has symbolic value


Organizational Impact: Project allows HBI to become more effective in serving its mission

Develops solutions that are more widely applicable

Broadens constituency for historic preservation


Strengthens HBI’s capacity and credibility

Increases HBI’s ability to fundraise

Utilizes HBI staff efficiently

Provides an opportunity to work with the City or other

Preservation partners