Changes in tourism and travel behavior and demand are prompting more conversions of hotels to apartments.
Hotel-to-apartment conversion projects are leading the way in the adaptive reuse sector, according to a RentCafe report. “Since these structures are already equipped with plumbing and electrical infrastructure, they offer redevelopers a faster and more cost-effective way to create new housing, compared to other methods.”
“Hotel conversions — such as ArtHaus Jack London in Oakland, California — make up the largest share of deliveries at 4,556 units, up by over 1,000 from the previous year,” writes Mary Salmonsen in Multifamily Dive. Overall, more than 151,000 adaptive reuse units are in development.
“New York City’s Manhattan saw the bulk of adaptive reuse deliveries in 2023, with 733 new units, every one converted from a former hotel. The majority of these apartments came from 525 Lexington Ave, which is now a 655-unit student property.” Los Angeles, with 5,881 units in the pipeline, leads the nation in adaptive reuse permits.
FULL STORY: Hotel conversions take top spot in adaptive reuse
First Hotel Conversion to Begin in New York
A pandemic-era program designed to streamline the conversion of hotels into housing stalled, with the first project just now making its way through the pipeline.
Texas Bill Supports Adaptive Reuse in Commercial Areas
Senate Bill 840, which was preliminarily approved by the state House, would allow residential construction in areas previously zoned for offices and commercial uses.
Downtown Pittsburgh Set to Gain 1,300 New Housing Units
Pittsburgh’s office buildings, many of which date back to the early 20th century, are prime candidates for conversion to housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Congressman Proposes Bill to Rename DC Metro “Trump Train”
The Make Autorail Great Again Act would withhold federal funding to the system until the Washington Metropolitan Area Transit Authority (WMATA), rebrands as the Washington Metropolitan Authority for Greater Access (WMAGA).
DARTSpace Platform Streamlines Dallas TOD Application Process
The Dallas transit agency hopes a shorter permitting timeline will boost transit-oriented development around rail stations.
Renters Now Outnumber Homeowners in Over 200 US Suburbs
High housing costs in city centers and the new-found flexibility offered by remote work are pushing more renters to suburban areas.
The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.
Supreme Court Ruling in Pipeline Case Guts Federal Environmental Law
The decision limits the scope of a federal law that mandates extensive environmental impact reviews of energy, infrastructure, and transportation projects.
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