The apartment market is booming across the United States. From the construction of new developments to the renovation of older buildings in prime locations, the evolution of apartments is rapidly underway. We are in the golden age of adaptive reuse. The increasing effort to re-develop forgotten or neglected areas is transforming neighborhoods where vacancy and developable land is scarce. Numerous cities are welcoming the transformations as it is not only revitalizing specific properties but entire communities.
The following report will show why adaptive reuse had becoming so popular and the benefits these construction projects bring.