01-12-24

LB Insights: Office to Residential Conversions

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The changing nature of work in the digital age and a demand for more housing is fueling transformative adaptive reuse projects nationwide. With office vacancies at a 30-year high coast-to-coast, now is the ideal time to take advantage of available federal support like financing, technical assistance and federal property sales to address a growing need for housing while revitalising underutilised commercial buildings.

But first, how do you ensure your commercial space has the potential to become a successful residential or mixed-use property?

A due diligence Feasibility Study from Lerch Bates’s multidisciplinary technical experts will review multiple building elements to optimize whole-building performance for elevated results, including Vertical Transportation (passenger elevators, freight elevators, escalators), Pedestrian Circulation (building parking, entry and access points, lobby amenity optimization, security), Enclosures & Structures (code adherence, ventilation, natural lighting, roof utilization, structural capacity) and Building Logistics (waste and recycling, loading dock performance).

 

These topics and many more will be the focus of Lerch Bates’s upcoming webinar, Critical Considerations for Office to Residential Conversions, Feb. 15 at Noon CST. To sign up, click here.

Click here to read more.

 

 

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