Thursday, May 8
1810 Bull Street
As part of HSF’s 2014 Savannah Preservation Festival, Donovan D. Rypkema, principal of the Washington, D.C.-based real estate and economic development consulting firm PlaceEconomics, will discuss the economic impact of historic preservation in Savannah.
PlaceEconomics specializes in services to public and non-profit sector clients who are dealing with downtown and neighborhood commercial district revitalization and the reuse of historic structures. In 2004, Rypkema established Heritage Strategies International, a new firm created to provide similar services to worldwide clients. He also teaches a graduate course in preservation economics at the University of Pennsylvania. Rypkema has performed real estate and economic development consulting services throughout the United States for State and local governments and non-profit organizations with interests in a broad range of properties, from National Historic Landmark structures to Main Street commercial centers.
Today Rypkema is recognized as an industry leader in the economics of preserving historic structures. Since 1983 he has provided ongoing consulting services to the National Trust for Historic Preservation and its National Main Street Center. He has undertaken assignments in 49 states and the District of Columbia. In 2012, the National Trust for Historic Preservation awarded him the Louise du Pont Crowninshield Award, the organization’s highest honor, for his work in the preservation field. PlaceEconomics is currently undertaking an economic impact study on the effects of preservation in Savannah for Historic Savannah Foundation.
Preservation Panel Discussion
Following Rypkema’s lecture, HSF President and CEO Daniel G. Carey will facilitate a panel discussion on preservation, development and neighborhood revitalization—focusing on how the public and private sectors can spur those initiatives. Rypkema will be joined by Ben Carter of the real estate firm Ben Carter Enterprises and Becky Wade of the Community Development Department for the City of Knoxville, Tenn.
Ben Carter is Founder and Chairman of Ben Carter Enterprises, an Atlanta-based full-service commercial real estate firm. He is responsible for the company’s business strategy, new business development, site selection, retailer relationships and client partnerships. Carter also oversees the company’s performance, operations and portfolio management. Through his vision and leadership, the company has developed over $1.1 billion—and nearly 5 million square feet—in retail and office projects since its inception in 1993, and currently has $2 billion invested in properties in predevelopment or under construction. Throughout Carter’s 38-year career, he has been involved with the development of office, retail and industrial properties throughout the Southeast.
Carter and his firm are currently implementing a $75 million plan to inject new energy to Savannah’s historic Broughton Street by bringing a mixture of local and national businesses including retail and dining, as well as adding residential units. This plan involves 24 properties along this major Savannah corridor.
Rebecca Wade currently serves as the Director of the Community Development Department for the City of Knoxville. The Community Development Department receives funding from the Department of Housing and Urban Development (HUD), including Community Development Block Grant, HOME Investment Partnership Program, Emergency Solutions Grant, Sustainable Communities Regional Planning Grant as well as general City funds for various programs focused on housing, neighborhood stabilization, economic development and homelessness.
Prior to working for the City of Knoxville, Wade was employed by Knoxville’s Community Development Corporation (KCDC), a local public housing and redevelopment agency, for 31 years. Her last position at KCDC was as HOPE VI Director, responsible for implementation of a $22 million HOPE VI revitalization program grant. She also led KCDC’s ambitious $46 million revitalization of the historic Mechanicsville Neighborhood.
To see more Savannah Preservation Festival Events click here.