OVERVIEW
Adaptive reuse, or the process of taking an old building or structure and repurposing it for something other than what it was originally designed for, has gained a lot traction with developers and architects alike – and for many good reasons. For one thing, it is more economical and sustainable to work with an existing structure than to demolish an old building, clean up the site, and rebuild with entirely new materials. It also helps preserve historical structures that add character to the community, as well as reduce urban sprawl. For the multifamily sector, we’ve seen adaptive reuse applied to old schools, government buildings, warehouses, etc. because these structures are usually centrally located in many downtown areas.
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