Unique Adaptive Reuse Projects


originally published by BRIELLE SCOTT for NAIOP National with permission to repot. 

Parkandford Apartments

Adaptive reuse projects can often be a high-risk, high-reward proposition, as aging or obsolete assets bring their own set of unique challenges for developers hoping to revitalize or reposition a property for new uses.

But as availability of land continues to shrink in densely populated areas, and big-box retail stores stand empty, developers are taking another look and evaluating the untapped potential of repositioning these sites.

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