Developers have overbuilt office and commercial space in US cities for decades. Now, in the wake of pandemic shutdowns, many downtowns face hard choices about the future.
yes, totally. Infastructure, transportation and communal spaces are already there, would be perfect for housing.
People will complain about how office buildings are too difficult to convert into housing, but that’s not true in all cases. Many office buildings are very suitable to be turned into housing. If even half of them underwent conversion that would be a huge step.
I think the real problem is it isn’t super profitable to do this, so there’s not much will to do it.
yes, totally. Infastructure, transportation and communal spaces are already there, would be perfect for housing.
People will complain about how office buildings are too difficult to convert into housing, but that’s not true in all cases. Many office buildings are very suitable to be turned into housing. If even half of them underwent conversion that would be a huge step.
I think the real problem is it isn’t super profitable to do this, so there’s not much will to do it.