Forum Moderators: Robert Charlton & goodroi
Was it a brand well recognized.
If your old site is still good from google's perspective and has not been touched by the recent algos, you could continue to work on the old site.
60K monthly local searches hmm I would do more research with the tool.
I myself would never ditch a 10 year old site for a new one. Just makes me shudder to lose 10 years of history and start over.
You said the site is still ranking, got some old links why don't you take 1/2 the effort, time, and expense it would take to get a new one going and put it into the old one.
Do check your webmaster tools and see where you rank for this keyword with your old site, promote just the best page for that keyword or create a single page for it and promote just that.