In today’s increasingly dynamic real estate landscape, underutilized and aging buildings no longer need to represent the end of a property’s life cycle. As cities evolve and prioritize sustainability, the real estate and facility management industries must move beyond the mindset of “tear down and start over.”
The three strategies of adaptive reuse, conversion and repositioning all offer practical, cost-effective and impactful strategies to align yesterday’s buildings with today’s needs and tomorrow’s possibilities. Each project demands its own approach, but the answers to finding the right path lie within the building and the community it supports.
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