Redburn Development Partners believes that Identifying, preserving, and enhancing structures, locations, and artefacts with historical or cultural significance is known as historic preservation. Locally, statewide, and globally are all involved in this endeavor. Many people believe that palaces, fortresses, and other affluent properties are the only places where historic preservation is practiced. This is not always the case, though. Examples of historic protection include the Georgetown Hotel de Paris, Denver's LoDo neighborhood, and the eastern Colorado location of the Sand Creek Massacre.

Because it offers a means of preserving the past of a location and its inhabitants in a manner that future generations can comprehend, the preservation of cultural heritage is a crucial component of historic preservation. This can be accomplished by restoring historic structures, passing down a traditional craft, or recording a community's past in a manner that is culturally appropriate.

The Secretary of the Interior maintains Standards for the Treatment of Historic Properties and Guidelines for the Treatment of Cultural Landscapes to help direct thoughtful and responsible preservation planning and practice. In addition to preserving historic resources, they assist in lowering the danger of disaster harm and guarantee that all projects are appropriate for the requirements of the neighborhood.

The five fundamental stages of the preservation process are identifying, investigating, developing, executing, and educating. It is a joint and continuous process. This process necessitates carefully taking into account a number of variables, including the significance and history of a structure or site, evaluating the current state of the property, comprehending its location, and making long-term upkeep and repair plans.

Successful historic property preservation calls for early and frequent consultation with numerous stakeholders as well as close cooperation between technological experts, architects, owner/occupants, and preservation specialists. The end product is a building that respects its historic surroundings and keeps the original design's architectural purity.

To satisfy contemporary design standards, new materials and features may need to be added during the building or repair of ancient buildings. This practice is referred to as "adaptive reuse." Adaptive reuse can reduce building and running costs, which can save energy and money, according to the National Trust for Historic Preservation's Green Lab initiative.