Adaptive reuse refers to the process of reusing an old site or building for a purpose other than which it was built or designed for.
Tag: adaptive reuse
Office-to-apartment conversions gather steam
Office-to-apartment conversions gather steam as developers seek adaptive reuse as a way to fix pandemic-related problems in the office market. Adaptive reuse...
White House supports adaptive reuse
The U.S. Department of Housing and Urban Development (HUD) and the Biden-Harris Administration announced new steps intended to bolster the nation’s housing supply and...
Empty offices, troubled malls become new “15-Minute Cities”
At ULI’s Spring Meeting apartment experts found new solutions and opportunities to build—even in uncertain times. A questionable economy and high-interest rates are not stopping...
Property conversions: Will today’s office vacancies become tomorrow’s WFH locations?
New government incentives and shifting market dynamics could make it worth U.S. real estate owners’ time—and money—to move forward with office-to-residential conversion projects. With the...
Costa Mesa adds housing through rehabs
As part of a statewide initiative to remediate its housing shortage, the state of California has mandated that the city of Costa Mesa zone...
Second act
Playhouse Square Foundation is beginning work to convert half of the Bulkley Building in downtown Cleveland into market-rate apartments. Playhouse Square is converting four of...
Old school, new life
An abandoned school—and neighborhood eyesore—in Pennsylvania has been renovated and rehabbed into a viable piece of real estate once again. It has happened thanks to...
Commercial-to-multifamily conversion shows promise across broad range of markets
Repurposing commercial properties into multifamily housing is growing more common across a variety of real estate markets and can provide a critical source of...
Relive history
A historic school in Chambersburg, Pennsylvania, will serve generations to come as an apartment complex. The old Mary B. Sharpe Elementary School was sold at...
Sizing up adaptive reuse
A new report by RentCafe looks at the recent growth in the number of new apartments being created through the adaptive reuse of existing...
Berkadia secures $84 million in stretch senior financing for hotel-to-multifamily conversion on Manhattan’s Upper...
Berkadia announces it has secured stretch senior financing for developer Emmut Properties’ acquisition of Excelsior Hotel, a century-old landmark hotel on Manhattan’s Upper West...
Apartment boom boosts adaptive re-use
New renters are signing leases and moving into 109 luxury apartments at The Arden, an old office building that re-opened as a new multifamily...
Can adaptive reuse save America’s malls?
What is the most common reason to get in the car and start driving on any given day of the week? Depending on where...
Unlocking the value of historic buildings
New modern, luxury urban apartment buildings sometimes can have a cookie-cutter feel (at least the ones that aren’t soaring to ever-greater heights). That’s why...
Milling around
The Lofts at Sterling Mill located in Franklinton, N.C. opened in November. The 124 year old structure, formerly known as Sterling Cotton Mill, was...
