National Historic designation could boost Detroit's Financial District

Detroit's downtown Financial District was added to the National Register of Historic Places. It's about three dozen buildings.

Excerpt:

That designation could boost downtown by opening a broad range of tax credits and funding sources to owners seeking to renovate or upgrade. The Financial District is bounded roughly by Lafayette Boulevard on the north, Jefferson Avenue on the south, Washington Boulevard on the west and Woodward Avenue on the east.

Among the buildings in the district are the iconic Penobscot and the Guardian (which already had historic designation) as well as the former Free Press building and Detroit Fire Department headquarters, near Cobo Center.

The process began two years ago as an effort by a building owner to get one empty building, the former Security Trust Co. at 735 Griswold, on the national register. But the idea for the district and 36 buildings was carried out by historic preservation specialist Rebecca Binno Savage and Robert Christensen of the state's Historic Preservation Office.

Read the entire article here.
Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.