5 Office Conversions Making Waves in 2024

Adaptive reuse projects are transforming underutilized office space into mixed-use hubs of housing and commerce.

1 minute read

February 27, 2024, 5:00 AM PST

By Diana Ionescu @aworkoffiction

Aerial view of rooftop of 25 Water Street building in New York City with redevelopment work going on on rooftop.

Rooftop redevelopment work on the 25 Water Street project in New York City. | SnowFire, CC BY 4.0 https://creativecommons.org/licenses/by/4.0, via Wikimedia Commons / 25 Water Street

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:

  1. 25 Water Street in New York City
  2. The Ames Center in Arlington, Virginia
  3. The Centennial in Cleveland, Ohio
  4. 135 South LaSalle St. in Chicago, Illinois
  5. 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.

Thursday, February 22, 2024 in Smart Cities Dive

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