Since the last century Façadism has become an increasingly applied method of architectural heritage. It is a compromise between an economical and esthetical point of view. Architects may take into account the functional design and the esthetical aspect of the heritage. For arts- or architect-historian on the other hand, the historical value may be most important. What about the economist’s point of view on this issue? The essay will discuss in more detail about the perspective of an architect, a historian, and an economist on Façadism. “In the field of cultural economic build architectural heritage has a particular status”, Benhamou (2003) mentioned that it shares the preoccupation of sustainability and the existence of an international demand linked to tourism. In this essay, I discuss the concept of value and some dilemmas of architectural heritage in the perspectives of economic and cultural points of view. I will point out the case of Façadism, to ease understanding of the concept of value in connection to cultural policy. I hope this sample will be able to show the relation between architecture and its economic potential where the inhabitant and policymakers have to consider a concept of value to draw cultural policy. A study case I observed, was one of the former Dutch fort in Indonesia. The private owner wants to build a hotel in the middle of the historical site. The local cultural institution, NGOs, inhabitants, and experts are against this privatization as it used to be a public good. The private who will build the hotel has claimed that he builds the hotel in order to stimulate economical revenue for the city. This essay is starting with my question of in what extent privatizations of cultural heritage become good options.weiterlesen