Making the Case for Adaptive Reuse in Commercial Real Estate

Existing buildings have the potential to act as a major asset in decarbonization and as powerful drivers for urban revitalization. However, there are perceived and real barriers to extending the use of buildings that no longer provide the value they once did . Funded by the A. Eugene Kohn/KPF Fellowship in collaboration with the ULI Randall Lewis Center for Sustainability in Real Estate, this study will demonstrate how investing in existing buildings through adaptive reuse can result in economic, environmental, and urban co-benefits for the developer, tenants, and broader community. Through detailed case studies and interviews with global experts, this research seeks to answer the following questions:

Stay tuned for the publicly available findings that will support the commercial real estate community in undertaking transformative urban adaptive reuse projects - coming in Spring 2025.