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Rethinking Adaptive Reuse Projects

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What is an Adaptive Reuse Project?

Adaptive reuse projects is the process of taking old buildings or sites, and reusing them for a purpose other than it was designed.

When considering Adaptive reuse projects it’s important to understand if these investments make sense?

Analyzing the practicality of a property is crucial to determine the viability of all real estate investments. The feasibility process has to be more intensive for adaptive reuse because of the stand out difficulties of repurposing an existing property. Considerations like…

  • Demographics
  • Location: Analyze the accessibility and constructibility for the end game
  • Zoning: Whether general or specific plans govern uses and zoning of the property
  • Structure: Study the existing foundation and condition… electrical and plumbing, mechanical and life-safety
  • Community Needs: Stakeholders must consider if a community will buy into the project, namely, if support from local groups and community leaders will be a positive. Along with considering if the project will have backing from local planning commission, city council, or architectural review board.

Trip down Memory Lane

What we mean by this is to look back to learn from the past. Are there any unsolvable issues that were already faced. Are there boundary or easement challenges, historical preservation ordinances, or even legacy environmental issues?

Something to reminisce on for industrial properties… is there a free and clear use for construction and zoning approval? Industrial use challenges are more complex in regards to environmental remediation and these challenges affect both regional and national markets and local.

Thanks so much for reading! If you need consulting for Phase I Environmental Site Assessments, Phase II Subsurface Investigations, Property Condition Assessments, or any Commercial Real Estate transactions of any kind, feel free to ask for a quote today.

Request a Quote Here

ULI Sets Forecast for a Potential 2021-2022 Rebound

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This week, the MBA Newslink published the Urban Land Institute…
MBA CREF 2020

MBA CREF 2020 Recap

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The UES team attended MBA CREF in San Diego this week. It’s…

Advice on Avoiding Issues with the ADA

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First and foremost, what is the ADA? It is the American Disabilities…

 

Rethinking Adaptive Reuse Projects

/0 Comments/in , , , , , , , , , , , , , , , , , , , , , , , , , , /by

What is an Adaptive Reuse Project?

Adaptive reuse projects is the process of taking old buildings or sites, and reusing them for a purpose other than it was designed.

When considering Adaptive reuse projects it’s important to understand if these investments make sense?

Analyzing the practicality of a property is crucial to determine the viability of all real estate investments. The feasibility process has to be more intensive for adaptive reuse because of the stand out difficulties of repurposing an existing property. Considerations like…

  • Demographics
  • Location: Analyze the accessibility and constructibility for the end game
  • Zoning: Whether general or specific plans govern uses and zoning of the property
  • Structure: Study the existing foundation and condition… electrical and plumbing, mechanical and life-safety
  • Community Needs: Stakeholders must consider if a community will buy into the project, namely, if support from local groups and community leaders will be a positive. Along with considering if the project will have backing from local planning commission, city council, or architectural review board.

Trip down Memory Lane

What we mean by this is to look back to learn from the past. Are there any unsolvable issues that were already faced. Are there boundary or easement challenges, historical preservation ordinances, or even legacy environmental issues?

Something to reminisce on for industrial properties… is there a free and clear use for construction and zoning approval? Industrial use challenges are more complex in regards to environmental remediation and these challenges affect both regional and national markets and local.

Thanks so much for reading! If you need consulting for Phase I Environmental Site Assessments, Phase II Subsurface Investigations, Property Condition Assessments, or any Commercial Real Estate transactions of any kind, feel free to ask for a quote today.

Request a Quote Here

ULI Sets Forecast for a Potential 2021-2022 Rebound

0 Comments
/
This week, the MBA Newslink published the Urban Land Institute…
MBA CREF 2020

MBA CREF 2020 Recap

0 Comments
/
The UES team attended MBA CREF in San Diego this week. It’s…

Advice on Avoiding Issues with the ADA

0 Comments
/
First and foremost, what is the ADA? It is the American Disabilities…

 

End of the Year Swing is Here! We’re Ready…

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You’re feeling it, because we are too. It’s the race to the finish line, the final cut of 2018 and, it’s HERE!

While you may not be ready for Christmas yet (*cough* 49 days), or the start of a new year (Hello 2019 in 56 days), the calendar says it’s time to finish those real estate deals. Close on the projects that need completion. And, if you’re like many of your colleagues, you may find yourself in need of an environmental assessment report (Phase I) or a property condition assessment (PCA).

The silver lining in the fast pace to the end of the year? UES is here… and, we’re ready for you. We have your environmental reporting and PCA needs covered. We specialize in quick turn-around times and like Santa’s elves, we work great under a strict deadline!

Don’t hesitate to take some of the pressure off by contacting us to help you close out 2018 strong!

Get a Quote Here

 

UES joins CREW KC!

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UES is proud to have our Chief Marketing Officer, Jamie Taylor, as a new member to CREW KC in 2018. Along with her member status, Jamie has also joined the program committee. She wants to lend her knowledge of conference/meeting planning and educational events to the local chapter. As an event sponsor, UES has been a long-time friend and supporter to the organization. We believe in the networking opportunities and educational offerings provided to the women working in commercial real estate are invaluable in promoting equality and advancement.

CREW KC is a non-profit organization of commercial real estate professionals affiliated nationally through membership in the CREW Network. Thus providing opportunities for networking, education, leadership development and civic/philanthropic involvement. CREW KC promotes the highest standards of ethics and integrity. They seek to positively influence the direction of Kansas City’s commercial real estate industry and community.

Finally, we look forward to a year of making new connections and growing in our support of CREW KC!