As historic projects grow in public appeal and become more commonplace, opportunities for involvement are increasing for the construction industry. This paper explores the different perceptions regarding the benefits, challenges, and motivating factors that exist between the different parties associated with historic construction projects. The results support the idea that the construction industry should be interested in, and a proponent of, historic projects and that, likewise, historic preservationists should take advantage of the skills and abilities found within the construction industry to benefit historic properties. Understanding the mutual benefits for the different parties, and especially how additional benefits can be reached, will serve to nurture further partnership between preservation and construction. The common motivating interests identified in this research included intrinsic motivation and satisfaction, increasing market interest, publicity and creating niches, and sustainability. Challenges common to the different groups included unforeseen conditions, balancing project priorities, finding a qualified project team and craft, working with existing conditions, and scope creep. Finally, the recommendations generated through this study included setting a clear vision, conducting sufficient initial research, generating accurate answers to preliminary questions, understanding basic standards, codes, and practices, and establishing a unified team relationship.