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Historic Preservation: Catalyzing Economic Growth and Revitalization Across
Fred De La RivaFriday, May 9, 2025
SANTA ANA, CA - May 8, 2025 - Southern California’s distinct blend of history, culture, and
architectural charm is transforming. As more historic buildings are preserved, they are proving
to be powerful economic drivers, revitalizing neighborhoods and attracting businesses, tourists,
and residents.
Economos DeWolf, a leading commercial real estate firm in Orange County, is playing a central
role in this movement by supporting projects that preserve the past while laying the foundation
for future growth.
In Santa Ana, the restoration of the historic 4th Street building has contributed to breathing new
life into the area. Through thoughtful preservation efforts (including securing valuable tax
incentives), this project has enhanced the architectural beauty of the area while generating
significant economic benefits. Property values have surged in the 4th Street area, new
businesses are opening their doors, and the community is blossoming with the added charm of
its historic character.
These revitalizations have shown that preserving history is more than just a nod to the past—it’s
an investment in the future.
“Preserving our historic buildings isn’t just about saving bricks and mortar — it’s about
protecting the soul of our city while building a stronger economic future,” said Santa Ana Mayor
Valerie Amezcua. “Thanks to forward-thinking partners like Economos DeWolf, we’re seeing how
smart investment in preservation can bring new energy to our downtown, attract vibrant
businesses and celebrate the rich history that makes Santa Ana unique.”
Similarly, the Patagonia-occupied Guild Building in Cardiff-by-the-Sea stands as a testament to
how historic preservation can blend seamlessly with modern needs. By preserving its
architectural integrity while embracing innovative improvements, this building’s owners have
attracted businesses and visitors alike, further proving that character-rich areas are key to
supporting economic growth and cultural richness.
These projects, along with others Economos DeWolf has had the privilege of representing, are
prime examples of how historic preservation is helping to rejuvenate Southern California’s urban
and suburban landscapes.
“Santa Ana is a shining example of how preserving our historic structures can lead to tangible
economic growth,” said Steve Economos, Partner at Economos DeWolf. “By protecting these
buildings, we’re not only honoring our city’s heritage—we’re also creating opportunities for local
businesses, increasing property values, and fostering a stronger, more connected community.”
As more communities recognize the economic potential of their historic assets, the
opportunities for growth, investment, and cultural preservation continue to expand.
Interested in helping to preserve historic SoCal buildings? Looking for a unique economic
opportunity in local real estate? Contact Economos DeWolf today at 949-576-2750 or via
economosdewolf.com.
About Economos DeWolf
Economos DeWolf provides extensive commercial real estate services in Orange County, CA,
offering expertise in investment sales, strategic leasing, and owner-user sales. With decades of
industry experience, the firm is committed to delivering innovative solutions and exceptional
service that prioritize client needs. Through a combination of deep market knowledge and a
collaborative approach, Economos DeWolf creates meaningful value for every project and builds
long-lasting relationships in the commercial real estate industry.
For more information about Economos DeWolf and its services, visit economosdewolf.com.
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Shaye McClory
KCOMM
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