San Antonio's Five Points neighborhood pushing to become historic district
Proposal goes to San Antonio city council in November
SAN ANTONIO - San Antonio's Five Points neighborhood could soon become the city's newest historic district.
The neighborhood is one of San Antonio's oldest with some houses built in the 1880s.
The area being considered is north of downtown running just south of Poplar Street down to Belvin, west to Interstate 10 and east to Jackson.
Neighbors are pushing for the historic distinction because of the possible benefits for both homeowners and businesses.
It would mean a 20 percent tax break for homeowners and a tax incentive for anyone who revamps an old property.
Homeowners also believe it will help revitalize the neighborhood's colorful history.
"Once one person on a block starts doing work, then the neighbor goes, 'Oh that looks nice, maybe I should try that.' So it kind of begins a domino effect," said Shannon Peterson, Director of Office of Historic Preservation.
That effect could also spill over into business and bring more shops and restaurants to Five Points.
The San Antonio city council will now decide where it stands on the historic designation. The proposal goes before the council in November.
Copyright 2012 by KSAT.com All rights reserved. This material may not be published, broadcast, rewritten or redistributed.