Written by Erica Stewart, Public Affairs
With Labor Day upon us, let's take a quick look at some of our nation’s historic travel destinations -- particularly ones that are what they are today because of the federal historic tax credit.
The Belton Chalet in Montana, for example, was the first of six hotels that were built by the Great Northern Railway in the early 20th century and marked the beginning of tourism in Glacier National Park. Thanks to a historic tax credit-enabled upgrade, today it offers visitors an authentic way to experience the park with all the modern comforts of a top-notch hotel.
To the south, witness the Fontainebleau Hotel. It was considered the most luxurious hotel on Miami Beach when it opened in 1954. Many famous Hollywood film and television shows have been filmed here, featuring the likes of Al Pacino, Frank Sinatra, and Sean Connery. The resort underwent a two-year renovation in 2006, financed in part by historic tax credits, and is now dazzling a new generation of travelers with its blend of mid-century modernism and contemporary comfort.
And looking westward, behold the Ferry Building and its iconic 245-foot tall clock tower. It was built in 1898 to serve the ferries that traveled San Francisco Bay. A major renovation using historic tax credits in 2002 added new uses to the building, including a marketplace, restaurants, and offices. Thanks to its careful makeover, the Ferry Building is again a vibrant, thriving hub of activity for visitors and residents alike.
We at the National Trust are engaged in an effort to raise awareness of the impact of the federal historic tax credit, a program that is now threatened by proposed deficit reduction measures on Capitol Hill. This credit has helped save 38,000 historic places, create 2.2 million jobs, and attract more than $100 billion in private investment. Find out how you can help save it at www.SaveHistoricCredit.org.