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The federal government offers an incentive to rehabilitate designated buildings that are older than 50 years. Missouri authorized a tax credit with the same purpose, the Missouri Historic Preservation Tax Credit, in Senate Bill 1 of the second 1997 extraordinary session. Shortly after the state program was approved by the legislature, Carolyn Toft, the Executive Director of the Landmarks Association of St. Louis, compared the program to publicly financed sports stadiums and said, "this is precisely the kind of incentive that brings the things we hear about when people are discussing sports palaces… bit by bit you can put a community or a main street or a neighborhood back together" (Young, 1997). The federal and state programs have been used to redevelop old buildings in small and large cities throughout Missouri. Since the state program was created, the use of the program and the cost to the state has grown significantly. ; Includes bibliographical references

Description based on: 1992-94. ; Mode of access: Internet. ; Vols. for 1989-90-1992-94 issued by: U.S. Dept. of the Interior, National Park Service, Cultural Resources; 1995- by: U.S. Dept. of the Interior, National Park Service, Cultural Resources Programs, Preservation Assistance Division.

An Overview of the Construction Industry Today -- Classical Times -- Medieval Times -- The Foundation of the Industry -- The Renaissance 1350 -- 17th Century England -- The American Colonies 17th C. -- Industrial Revolution -- Great Britain 18th C. -- American Colonies 18th C. -- Developments in the New Republic -- 1783 to the Civil War -- USA from Civil War to 1900 -- 20th Century to World War II -- World War II to the Present Time -- Some Conclusions -- The Future.

Historical designation has become an important tool in efforts to revitalise central-city neighbourhoods. Yet designation has also come under scrutiny because of its presumed association with gentrification and displacement of lower-income residents. Using Fort Worth, Texas, as a case study, the paper asks whether historical designation is associated with demographic change in neighbourhoods. It is found that historically designated areas started out with slightly worse neighbourhood indicators than those without designation—a finding that is consistent with the idea that preservation efforts are targeted to areas in 'need' of revitalisation. However, we find no evidence that preservation efforts altered the demographic composition of neighbourhoods. This finding runs counter to the notion that historic preservation is a precursor to gentrification.