Adaptive reuse projects are a popular way to revitalizecommunities and cater to a new generation of consumers but thereare factors to consider that may not be present in traditionalground up development projects. Here is what you should considerwhen evaluating whether or not your project is financiallyfeasible.

What are the factors that will ensure a financiallyfeasible adaptive reuse project?

Investors and developers are always looking for new ways toentice this new generation of consumers who desire to 'live, work,and play' in already developed urban areas. One way that they areaccomplishing this is through adaptive reuse. Adaptive reuse hasbeen a large part of urban revitalization, especially in thenortheast, where there is a large inventory of abandoned or poorlymaintained buildings (industrial plants, factories, warehouses,refineries and 'downtowns' etc.) whose initial purpose has becomeobsolete.