Adaptive reuse projects are transforming underutilized office space into mixed-use hubs of housing and commerce.
An article in Smart Cities Dive by Mary Salmonsen highlights five major office-to-residential conversions happening around the country. As Salmonsen explains, “While new multifamily starts are slowing down overall, the conversion projects now in active development or construction represent a record high.”
The five projects mentioned in the article are:
- 25 Water Street in New York City
- The Ames Center in Arlington, Virginia
- The Centennial in Cleveland, Ohio
- 135 South LaSalle St. in Chicago, Illinois
- Kierland Sky in Scottsdale, Arizona
All of these developments are turning former office buildings into hundreds of multifamily housing units and mixed-use commercial projects. The 25 Water Street development in New York City alone will bring 1,263 new housing units online.
FULL STORY: 5 of the largest office-to-residential conversions underway across the US
Office Conversion Sees No Sign of Slowing
The adaptive reuse of office buildings for residential and other uses will grow by as much as 63 percent in 2024 over last year.
How to Make Office Conversions Easier
To encourage more housing production, lawmakers could help make the costly and time-consuming adaptive reuse process easier and more cost-effective.
Minnesota Seeks State Support for Office Conversions
The 30% “CUB credit” would support the conversion of buildings 15 years or older into any use that “will return that vacant area to an income-producing, habitable condition.”
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.
North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.
Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.
Santa Barbara Could Build Housing on County Land
County supervisors moved forward a proposal to build workforce housing on two county-owned parcels.
San Mateo Formally Opposes Freeway Project
The city council will send a letter to Caltrans urging the agency to reconsider a plan to expand the 101 through the city of San Mateo.
A Bronx Community Fights to Have its Voice Heard
After organizing and giving input for decades, the community around the Kingsbridge Armory might actually see it redeveloped — and they want to continue to have a say in how it goes.
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