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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 ...
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 ...
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
Data from JLL, a commercial real estate firm, shows the gap between the average price per square foot of residential and office rental space has narrowed from 12% in 2009 to 8.6% in 2022.
Residential conversion in 2005 [49] Plaza Hotel: Hollywood Plaza Hotel [50] 1633 Vine St: Hospitality: Art Deco: Walker & Eisen: 1924: LAHCM #665 [3] Residential conversion in 1972 [51] Hollywood Brown Derby: 1628 Vine St: Food service: Spanish Colonial Revival: Carl Jules Weyl: 1928: Demolished in 1994 [52] Stores: Herman Building [8] 1632 ...
A planned unit development (PUD) is a type of flexible, non-Euclidean zoning device that redefines the land uses allowed within a stated land area. PUDs consist of unitary site plans that promote the creation of open spaces, mixed-use housing and land uses, environmental preservation and sustainability, and development flexibility. [1]
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 ...
Beginning in the 1930s, the company invested in residential garages, apartments, retail strip centers. During World War II, the company manufactured and prefabricated governmental housing. [2] In 1960, Forest City became a publicly-traded company. [2] In 1987, the company sold its retail lumber business to Handy Andy Home Improvement Center. [3]