4 ways to transform old buildings into modern assets
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.”
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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.
A $90 million rebuilding project in Yellowstone National Park exemplifies this trend.
A judge’s ruling last year paved the way for Wynn Resorts to begin construction on a 33-acre gambling palace in Everett, Mass.
The project was first announced in 2005 but has progressed little since.
Hotels and restaurants are branching out to attract more customers—and hold onto them longer.
This AIA CES Discovery course discusses the six elements of an EIFS wall assembly; common EIFS failures and how to prevent them; and EIFS and sustainability.
More than 100,000 rooms could be delivered this year alone.
The city's emission-reduction plan could drive influx into downtown
This business-friendly South Florida market has several large hotel and multifamily projects in construction.
In October 2008, The Proximity, a 147-room hotel in Greensboro, N.C., became the first LEED Platinum–certified hotel in the U.S. Since then, only two other hotels have earned LEED Platinum.
Some developers are thinking about that possibility, says one West Coast real estate consultant.