Adaptive reuse projects are a popular way to revitalize communities and cater to a new generation of consumers but there are factors to consider that may not be present in traditional ground-up development projects. Here is what you should consider when evaluating whether or not your project is financially feasible.
What are the factors that will ensure a financially feasible adaptive reuse project?
Investors and developers are always looking for new ways to entice this new generation of consumers who desire to “live, work, and play” in already-developed urban areas. One way that they are accomplishing this is through adaptive reuse. Adaptive reuse has been a large part of urban revitalization, especially in the Northeast, where there is a large inventory of abandoned or poorly-maintained buildings (industrial plants, factories, warehouses, refineries, etc.) whose initial purpose has become obsolete.
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In this edition of Affordable Housing Updates, we tackle the funding issues that are arising due to changes in federal spending, how to optimize the green building process as the green certification world changes, and offer two project profiles that showcase how Partner may help you with your next project. Last but not least, learn about Partner's SiteLynx client portal, an intuitive platform for report ordering, delivery, and analysis.
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The WAIRE Program is one of many steps California is taking to address air quality and emissions within the commercial real estate sector. For warehouse operators, compliance with this program is essential, not just to avoid penalties but to align with broader trends in sustainability and regulatory compliance.
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Partner Engineering and Science, Inc. is pleased to announce the appointment of Alex Greear as Relationship Manager, bringing over five years of specialized due diligence expertise to expand our client service capabilities.
