Adaptive Reuse: Reimagining the Commercial Real Estate Ecosystem
In the wake of the global pandemic, we have seen an undeniable acceleration of existing work-life, geographic, and demographic trends.
Adaptive Reuse: Reimagining the Commercial Real Estate Ecosystem
In the wake of the global pandemic, we have seen an undeniable acceleration of existing work-life, geographic, and demographic trends.
The commercial real estate market is booming! Certain trends and drivers of change continue to fuel robust transactional and redevelopment activity, including the adaptive reuse of CRE, which gives older structures and spaces new life and purpose.
Webinar – A revised ASTM Standard for Phase I ESAs is HERE
Watch the webinar recording of A revised ASTM Standard for Phase I ESAs is HERE from November 1, 2021.
Webinar – Change Brings Opportunity: Adaptive Reuse Trends in the CRE Market
Watch the webinar recording of Change Brings Opportunity: Adaptive Reuse Trends in the CRE Market from June 29, 2021.
Adaptive reuse could help address Wisconsin’s affordable housing shortage
Developers in Oshkosh convert historic elementary school into 31-unit low-income housing development
Struggling commercial building owners lost upwards of 20% of their office renters during the pandemic. The shift to remote or hybrid work has created empty office buildings across the U.S...
‘Transformational’ downtown Detroit development has its critics
It’s called The District Detroit. And it would reshape a massive area just north of downtown Detroit, connecting the city centre to the emerging midtown Detroit neighbourhood now occupied by Little Caesars Arena, home of the Detroit Red Wings and Detroit Pistons.
NYC Task Force Issues Recommendations for Residential Conversion of Unused Office Space
This week, New York City’s Office Adaptive Reuse Task Force released a study calling on the city and New York State to loosen regulations preventing the conversion of older office stock into much-needed housing.
How to Drop a New Building on Top of an Old One
The two elements of this Boston condo tower were built more than a century apart. Does this old-new architectural combination hold up?
Adaptive Reuse: U-Haul Shares Vision for Converting Vacant Kmart in Morton
U-Haul plans to create more than 750 indoor climate-controlled self-storage rooms at 1075 W. Jackson St., site of a former Kmart store, to meet customer demand for its services in Morton.
Disappearing downtowns: How cities can reuse office buildings that COVID-19 emptied out
When the economic recession of the 1980s hit Los Angeles, bankrupt companies departed the city’s downtown and left office buildings vacant.
Gov. Whitmer Announces New Housing Development, Economic Investments for Three Detroit Neighborhoods
Governor Gretchen Whitmer joined the MEDC today to announce that the state will be supporting revitalization projects to bring new housing, economic growth and vibrancy to three neighborhoods...
8 Stories of Architects Embracing Refurbishment and Adaptive Reuse
Over the past year, established practices have continued to champion the transformation of existing structures, with adaptive reuse and renovations increasingly becoming a defining aspect of contemporary architecture.
D.C. Is Taking A Closer Look At Converting Downtown Office Space Into Housing
The D.C. government is ramping up efforts to encourage the conversion of downtown office space into housing, officials announced today.
This old coal power plant will be transformed into a 15-minute neighborhood
For more than four decades, a massive coal power plant sat on the shore of Lake Ontario in the Toronto suburb of Mississauga, with hulking towers that were visible from miles away.
Chicago Is Already A Champ In Adaptive Reuse, And More Projects Are On The Way
Chicago’s apartment market took a hit during the coronavirus pandemic, with the amount of new development falling below most other major U.S. cities, but the good times may have returned.
Academy Museum of Motion Pictures is ready for its closeup
Artifacts from icons like Spike Lee and Pedro Almodóvar, the iconic Dorothy ruby slippers from "The Wizard of Oz," Okoye's costume from "Black Panther, you'll find them within the seven story, 300,000 square-foot Academy Museum of Motion Pictures which is finally ready for its closeup.
Navigating the New Normal: Adaptive Reuse of Space
As demand for the types of spaces we use shifts and evolves, adaptive reuse enables us to enlist already-developed land to satisfy new demands and uses. In earlier times, these shifts reflected changes in the economy, from agrarian to industrial to service.
COVID-19 Driven Adaptive Reuse Projects Have Been Slow to Materialize
Despite a lot of chatter about converting properties due to the pandemic, investors have run into obstacles.