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Washington, D.C., announced a $2.5 million, 20-year tax abatement program for owners who added at least 10 housing units, and California set aside $400 million in incentives for office-to-resi ...
But the flood of office conversions was more of a trickle. Between 2016 and 2021, only about 30 office-to-residential projects came online each year, according to a July 2023 Deloitte study.
Office/residential – multi-family residential units within office building(s) Shopping mall conversion – residential and/or office units added (adjacent) to an existing standalone shopping mall Retail district retrofit – retrofitting of a suburban retail area to a more village-like appearance and mix of uses
Nearly 70 million square feet of office space, making up around 1.7% of the total U.S. supply, has been undergoing conversion projects to create residential-use spaces, or spaces for other uses.
Starting at the exit 9 interchange on I-77/US 21, the route begins in concurrency with US 74/NC 27 as it goes counter-clockwise around Uptown Charlotte.Known as the John Belk Freeway, this section of the interstate is above-grade at both ends, but below-grade of local streets in the middle, with office and residential buildings flanking both sides.
Office/Residential [2] [7] Previously known as RBC Plaza; was the U.S. headquarters of RBC Bank. Tallest building in North Carolina outside of Charlotte. Tallest building built in Raleigh in the 2000s. With 276,000 square feet (25,600 m 2) of leasable space it is the thirteenth largest office building in the triangle area. [8] 2 Two Hannover Square
Office-to-residential conversions can be costly and take longer than new construction. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
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