Hotels now account for over one-third of adaptive reuse projects
For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
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For the first time ever, hotel to apartment conversion projects have overtaken office-to-residential conversions.
Biophilic design in the built environment supports the health and wellbeing of individuals, as they spend most of their time indoors.
In Henderson, Nev., a city roughly 15 miles southeast of Las Vegas, 100,000 sf of unused office space will be turned into an open-air retail development called The Cliff. The $30 million adaptive reuse development will convert the site’s two office buildings into a destination for retail stores, chef-driven restaurants, and community entertainment.
This $500 million mixed-use development will take up nearly nine blocks.
No longer marked by gray, uniform rows of cubicles, offices have become more personalized and employee-centric than ever, giving people a more comfortable place to spend their working hours. New approaches to office customization and the way employees interact are breathing new life into the workplace.
Turner Construction Company announced that the second quarter 2009 Turner Building Cost Index, which measures nonresidential building construction costs in the U.S., has decreased 3.35% from the first quarter 2009 and is 8.92% lower than its peak in the second quarter of 2008. The Turner Building Cost Index number for second quarter 2009 is 837.