For instance, by the end of this year, approximately 20,100 units in older buildings (that previously served other purposes) will be starting a new life as apartments — that’s almost double the number of apartments converted in 2020 and 2019 combined. So far, through adaptive reuse alone, this new decade has already created nearly 32,000 apartments, 41% of which are in former office buildings. — RENTCafé
The shift to work-from-home caused by the coronavirus pandemic has also resulted in office spaces becoming one-quarter of the adaptive reuse projects that will make more than 12,000 rental units available by the end of next year.
Hospitals, hotels, and even a houseboat are among the disused buildings being transitioned to meet the ongoing demand for housing in America’s cities and larger suburbs. Philadelphia and Washington, D.C. were the top two cities for AR projects with over 3,600 conversions in the past two years combined, while Los Angeles and Cleveland are projected to take the lead in 2022.
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adaptive reuse > preservation
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