08 Mar Adaptive Reuse Strategies Breathe New Life Into the Built Environment
Retrofit Magazine March 8, 2021
Following 12 months of economic stall, commercial real estate investors and developers are mobilizing across the nation to drive an industry-wide recovery. This is taking place amidst a burgeoning conversation about the disruptive nature of traditional building practices. In response to calls to embrace and integrate environmental, social and governance (ESG) standards across the industry, adaptive reuse, the process of retrofitting an existing building for new purposes, has emerged as the industry’s “new normal.” Adaptive reuse projects can allow owners to incorporate the latest environmental considerations and building technologies while conserving resources and enhancing the historic value and public profile of architecturally significant buildings.