The program complements an existing residential conversion initiative and could yield up to 2.5 million square feet of new commercial space.
A new program in Washington, D.C. encourages the adaptive reuse of downtown office buildings into almost any other business, with the program itself dubbed “Office to Anything” (but officially known as Central Washington Activation Projects Temporary Tax Abatement), reports Ida Domingo for ABC 7 News.
The program is aimed specifically at non-residential uses such as hotels, retail, entertainment, or other uses, acknowledging that residential conversions, which are supported by the 2024 Housing in Downtown program, are not possible for every building. In announcing the program, Mayor Muriel Bowser said, “Through Office to Anything, we will transform vacant and underutilized offices into new, productive uses that increase foot traffic, generate economic activity and tax revenue, and bring new vibrancy to DC’s commercial core.”
The program offers a 15-year property tax freeze and could impact up to 2.5 million square feet of underused office space. “Officials said the value of the total tax abatements available is subject to a cap of $5 million for 2027, $6 million for 2028, and $8 million for 2029, with 4% growth each year after.”
FULL STORY: Office to Anything': DC launches program to turn empty offices into new businesses
Over 71K Office-to-Apartment Units in the Pipeline for 2025
Adaptive reuse projects are continuing to bring thousands of new housing units onto the market as demand for office space remains low.
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 the Post-Covid Reality Is Reshaping Central Business Districts and Urban Centers
U.S. cities are working to redefine their downtowns in response to the “donut effect:” people and businesses abandoning city centers and flocking to suburban areas and beyond.
Manufactured Crisis: Losing the Nation’s Largest Source of Unsubsidized Affordable Housing
Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?
Americans May Be Stuck — But Why?
Americans are moving a lot less than they once did, and that is a problem. While Yoni Applebaum, in his highly-publicized article Stuck, gets the reasons badly wrong, it's still important to ask: why are we moving so much less than before?
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.
Updating LA’s Tree Rules Could Bring More Shade to Underserved Neighborhoods
A new USC study finds that relaxing Los Angeles’ outdated tree planting guidelines could significantly expand urban tree canopy and reduce shade disparities in lower-income neighborhoods, though infrastructure investments are also needed.
California's Canal Solar Projects Aim to Conserve Resources and Expand Clean Energy
California’s Project Nexus has begun generating electricity from solar panels installed over irrigation canals, with researchers and state agencies exploring statewide expansion to conserve water and boost clean energy production.
HHS Staff Cuts Gut Energy Assistance Program
The full staff of a federal program that distributes heating and cooling assistance for low-income families was laid off, jeopardizing the program’s operations.
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