There is a strong, pervasive and long standing belief in Barbados that repairing and restoring old buildings is much more costly than building a new. This article by Henry S. Fraser (Senator and Professor Emeritus, UWI, and Chairman, Sentinel Committee, Barbados National Trust) is therefore reviewing some six important historic buildings recently restored. Data made available by architects, contractors and project managers have provided costs per square foot. In addition, costs of a large new building and an average size home built recently are included for comparison.
Comparative costs of historic building refurbishment projects