Tuesday, January 9, 2024

REVITALIZING, REBUILDING & REPURPOSING

THE BENEFITS AND TECHNIQUES TO MAKE IT HAPPEN

K.C. Conway, Real Estate Economist and Futurist and principal of Red Shoe Economics, is the chief economist of the NATIONAL ASSOCIATION OF REALTORS®’ affiliate Certified Commercial Investment Member (CCIM) Institute — the premier provider of commercial real estate education.

“Cities need to consider adaptive reuse on a neighborhood level,” he said. 

“Too often, we look at one building. In the Miami area, Wynwood was an entire neighborhood of warehouse and light industrial and now it is a vibrant 24-hour district.

Doral, Fla., was warehouses and golf courses, then the entire city was rezoned for housing, retail, and office — and it’s one of the fastest-growing cities in the nation.”

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