Preservation has its rewards, headaches for metro Phoenix developers

[Source: Jan Buchholz, Phoenix Business Journal] — Historic preservation isn’t advised for the penny-pincher or the faint of heart.  It’s a particularly difficult practice in the rugged terrain of real estate development.  Yet for some, it is the most satisfying work they do.   “(Historic preservation projects) are a lot of fun and are very rewarding,” said Stu Siefer, a Tempe architect, who is one of the Valley’s foremost experts on historic preservation.  ”They can be very challenging.  And I have seen a lot of nightmares when unforeseen costs have come into play.”

Fortunately, Siefer is both a developer and architect who can plan and analyze projects with a more precise perspective.  Plus, he knows the territory well, having been involved in the Valley scene for decades.  [Note: To read the full article, click here.]

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