Commercial Vacancies

View of the National Biscuit Company Building, 1850 Industrial Street, Los Angeles from the corner of Mateo Street. It has been renovated into lofts, with a restaurant on the ground floor.

Adaptive Reuse No Magic Wand for Post-Pandemic Real Estate Woes

Pre-pandemic housing crisis, meet the post-pandemic office vacancy crisis.

December 27, 2022 - Quartz

The sculpture of the "Double Check Businessman" in Liberty Park, New York City

Checking the 'Back-to-Work Barometer'

The back-to-work data everyone is talking about? It comes from a security company that offers swipe badges for entrance into office buildings all over the country. Some experts say their data is too incomplete to be authoritative, however.

October 23, 2022 - Bloomberg

Vacant boarded-up storefronts along Powell Street in San Francisco, California.

Bay Area Pop-Ups Aim To Activate Vacant Storefronts

As commercial storefronts experience high vacancy rates, cities like Oakland and San Francisco are making concerted efforts to support temporary tenants, public art installations, and small entrepreneurs that can revitalize abandoned spaces.

July 7, 2022 - San Francisco Chronicle

A vacant department store in Coolidge, Arizona.

How To Slow the Wave of Commercial Vacancies

Empty storefronts depress property values and suppress small business growth. What can cities do to fill these vacancies?

May 24, 2022 - Next City

Commercial and Retail Uses

Analysis: Parking Won't Save Struggling Commercial Corridors

Research suggests that more and more parking won't solve the woes of struggling commercial corridors, even if it's difficult for business owners located on those corridors to believe.

February 12, 2020 - Local Logic

St-Denis Street Montreal

Montreal Vacancies Leave Commercial Corridors Struggling

Areas like St-Denis Street used to be bustling shopping destinations, but a shift in recent years has resulted in many empty storefronts.

January 27, 2020 - Montreal Gazette

Urban Setting

Tax Abatements Could Spur Adaptive Reuse in Washington, D.C.

Faced with commercial vacancies around 11 percent and the prospect of new office supply coming online soon, D.C. stakeholders are pushing for a bill that would provide incentives for conversions of office buildings into residential units.

January 18, 2018 - The New York Times

Houston Texas

Houston Commercial Vacancies Outpace All Large U.S. Cities

Commercial vacancies have "ballooned" in Houston, according to the Houston Chronicle, as the energy slump takes hold of the real estate market. The last time vacancies were this high: the oil bust of the 1980s.

August 8, 2017 - Houston Chronicle

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