Historic preservation is the conservation, rehabilitation, preservation, and restoration of historic and cultural resources. Determining whether a resource is historic or culturally significant can require many judgment calls. Evaluating the impacts of a project on these resources also requires subjective analysis. Even with supporting archival and survey data, it is often not clear whether property is historic or may suffer negative impact from development. That said, failing to identify and mitigate impacts to historic resources can lead to significant project delays and increased transaction costs.
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