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The price of converting an office to an apartment runs at about $100 to $200 per square foot, according to a 2022 analysis from Moody’s Analytics, which noted that the cost is most likely higher ...
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 ...
Cleveland has the highest percentage of its office stock targeted for conversion in the US at 11% of total inventory, while Boston has the largest square footage of conversions in the US planned ...
'Flexible co-living' could help bring down office-conversion costs and add housing supply, new study says ... The report comes as the number of office spaces set for residential conversions is on ...
In California, the state's 2023 budget allocates $400 million in incentive grants for office-to-residential conversions, while in Denver, city council considers converting some downtown office ...
Between 2016 and 2021, only about 30 office-to-residential projects came online each year, according to a July 2023 Deloitte study. And as of the time of the study, there were only 217 such ...
And just think if we can just convert 20 to 30% of our office building stock to residential, we'll be able to solve many of these issues that are going on with the shortage of housing that's ...
Despite return-to-office mandates, occupancy still suffers from a high vacancy rate of 13.3%. Why residential conversions can’t save commercial real estate Skip to main content