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As cities grow, their office inventories remain largely stagnant. Yet despite changes to the market—including the impact of hybrid work—opportunities still exist. Enter: “Midlife Metamorphosis.”
For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
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.
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year-over-year (YOY) increase in projects and a 7% YOY increase in rooms compared to last year.
Travelers are always looking for a home away from home, and the tourist industry needs these vacationers to survive. Creating a winning hotel can benefit everybody, and people will return to your retreat time and time again.
NORR designed the tower.
Gensler has been working with component supplier Clark Pacific on several projects.
The project is part of the city’s Destination Medical Center initiative.
The first location will break ground in Phoenix later this year.
The immersive hotel will be the company’s newest Star Wars experience.
Sheppard Robson designed the project.
The Seminole Hard Rock Hotel & Casino in Hollywood is illuminated by 2.3 million lights and lasers.
Doone Silver Kerr designed the project.
LandDesign and Winstanley Architects & Planners are designing the project.
Connectic by Cooper Carry recently won the 2019 Radical Innovation Award.
