Hotels now account for over one-third of adaptive reuse projects
For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
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For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
Among affordable housing developers today, there’s one commonality tying projects together: uncertainty. AEC firms share their latest insights and philosophies on the future of affordable housing in BD+C's 2023 Multifamily Annual Report.
In Henderson, Nev., a city roughly 15 miles southeast of Las Vegas, 100,000 sf of unused office space will be turned into an open-air retail development called The Cliff. The $30 million adaptive reuse development will convert the site’s two office buildings into a destination for retail stores, chef-driven restaurants, and community entertainment.
In the continuous battle against housing shortages and the surplus of vacant buildings, developers are turning their attention to the viability of adaptive reuse for their properties.
The campus is expected to include an Aloft hotel.Â
Fieldlens helps turn jobsites into social networks.Â
The building is located in West Chelsea between the High Line and West Street.
The project received $3.8 million in public financing in exchange for constructing units for residents earning less than 60 percent of the area’s median income.
The original building dates back to the Modernist 1930s.
The construction of this 94-room hotel and conference center pitted tourism proponents against locals who want to preserve this historic city’s fishing heritage.Â
As service providers position themselves closer to their communities, they are looking for ways to redirect non-core buildings and land for other purposes.
The century-old, Beaux Arts architecture-inspired hospital will transform into a mixed-use development.Â