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The Case for Repurposing Obsolete Spaces

$120.00

Adaptive reuse is true creative destruction, a process that involves identifying an underperforming asset, doing often times drastic rehab work, and repositioning the finished property for a completely new use. Some of the most famous buildings across dozens of cities are adaptive reuse projects: the local craft brewery; the new loft apartments; the creative office space.

But there is more to adaptive reuse than just the high-profile projects. The process of identifying an appropriate property can be difficult, and the process of underwriting a new highest and best use can be even tougher. In this article, we dive into the world of property repurposing and explore:

In this report, we discuss:

► Strategies to locate candidate properties for repurposing
► Guidance for weighing the highest-return new uses
► A thorough rundown of project benefits and risks
► A model to understand the two main types of repurposing projects currently underway
[26 PAGE DOWNLOAD]

Propmodo is a global multimedia effort to explore how emerging technologies affect our built environment.

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