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