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Monday November 25th 2024

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APA Planning | Rescuing the Castaways


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Many cities have saved unique historic buildings by adapting them for new and profitable uses. But properties left stranded since 2008 by the receding flood of cheap loans are different. These are not one-in-a-million properties but one of a million — the glut of office towers, McMansions, and condos left behind by a decade of speculation, and the enclosed malls, big box outlets, and car dealerships orphaned by sagging retail sales of all kinds. Finding new purposes for these castaways may not be so easy.

Read the entire article at Planning: Rescuing the Castaways.

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