Office Buildings
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.
California Law Would Streamline Adaptive Reuse Process
A bill passed by the state senate would ease the permitting process for office conversions in central city neighborhoods.
Office Vacancies Drag Down Property Taxes
Downtown office buildings around the country are selling for much lower prices than before the pandemic, prompting questions about the future of central business districts.
6 Key Factors That Make Office Buildings Prime for Conversion
A building’s potential for adaptive reuse is based on a variety of characteristics.
Federal Office Conversion Program Slow to Start
To date, no loans have closed through a federal program meant to spur office-to-residential conversions.
5 Office Conversions Making Waves in 2024
Adaptive reuse projects are transforming underutilized office space into mixed-use hubs of housing and commerce.
Adaptive Reuse: The Missing Piece to the Housing Puzzle?
Millions of square feet sit vacant while millions of Americans struggle to find affordable housing. Can reimagining our empty skyscrapers be the key to unlocking both solutions?
DC Issues Draft Adaptive Reuse Regulations
A proposed tax abatement program would promote the conversion of office buildings to housing.
Record Number of Office-to-Apartment Conversions in 2024
More than 55,000 apartments across the U.S. are scheduled for conversion from old office space this year, according to a new report.
Revitalizing Suburban Office Space
Suburban office buildings are also losing tenants, but face some unique challenges compared to their urban counterparts.
Office Conversions at Record High
The number of office-to-residential adaptive reuse projects in the works for 2024 is four times as high as in 2021.
One-fifth of Southern California Office Space is Vacant
Office buildings continue to lose tenants as the remote work trend persists.
The Golden Age of Office Conversions
In 2023, there were more than twice as many adaptive reuse projects underway around the country as in prior years.
Study: Office Conversions One-Third More Affordable Than New Housing
Where conditions are right for office-to-residential adaptive reuse, projects can be completed faster and at a significantly lower cost than new construction.
Office Vacancies at Federal Agencies as High as 75 Percent
Many federal agencies are sitting on underutilized buildings, causing a congressional committee to call into question the need for so much real estate.
Texas Cities’ Office Vacancy Rates Close to Double New York, San Francisco
A glut of office buildings in the pro-development state is leading to some of the highest vacancy rates in the country, even as population growth spikes.
Former Brooklyn Sugar Refinery Reopens as All-Electric Office Tower
A historic building was reimagined as a 15-story office tower powered by renewable energy.
Adaptive Reuse Successes in Dallas
The rise in office vacancies is fueling a boom in adaptive reuse projects.
Google Shifts Real Estate Strategy to Adaptive Reuse
The company is moving away from flashy new campuses in favor of converting existing buildings with interesting histories.
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