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September 21, 2015

Cracking the Code on Adaptive Reuse

By Partner ESI

ADAPTIVE REUSE PROJECTS ARE STILL POPULAR IN URBAN AREAS.

The desire to live in an urban environment is still on the rise and with little or no free land on which to build, developers are looking at existing buildings that can be re-purposed for other uses. The process of reconfiguring a building for another use is referred to as adaptive reuse. While this can be a valid option for saving some of our obsolete or historical structures, it does present its own variety of challenges including those related to building codes. In recent years, new and ever complicating codes have forced developers and property owners to teeter precariously between the minimal requirements for existing buildings and the level of functionality, safety and attractiveness found in new construction.

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Partner ESI

Partner ESI

Founded in 2007, Partner Engineering and Science Inc., is the leading provider of engineering, environmental, energy, and construction consulting for the commercial real estate (CRE) industry. Touching 1 in 5 CRE transactions in the U.S., Partner is widely recognized as the largest and best provider of third-party physical due diligence reports, including Phase I Environmental Site Assessments, Property Condition Assessments, Seismic Risk Assessments, Zoning Reports, ALTA Land Title Surveys, and Construction Risk Management. Partner’s connectedness to the CRE market gives it an unparalleled view into CRE trends and risk management insights. Partner also provides a full suite of consulting services to support the entire real estate lifecycle, including: Geotechnical Consulting; Building Systems Consulting; Capital Management and Project Implementation Support; Environmental Health & Safety Consulting; Energy, Sustainability & Resilience Consulting; and Site Civil Engineering. With a responsive approach scaled for speed and agility, Partner helps clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies. Based in Torrance, Calif., Partner has over 1,400 employees in 40 offices around the globe.

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