Commercial Observer’s Post

As cities grow, their real estate needs evolve. San Diego’s experience with 101 Ash Street shows the complexities of public agency office deals. From hidden asbestos to costly renovations, this case underscores the importance of thorough inspections and historical research. Read More: https://lnkd.in/g_YJrp8g #CityPlanning #RealEstate #JonesAndMayer

An Urban Institute analysis names the cities that could benefit most from adaptive reuse projects based on office real estate markets and housing supply needs. - https://ow.ly/p70R50Sobvx

Plans in for major London Shoreditch mixed-use scheme. Looks like a good way to make the most of the area. Some demo, some new build, some refurb. Increase the office space, residential and cultural / community space. Or is it more of the City swallowing the fringes, should it be left alone? I think we like this one, what does everyone else think? #Constructivemoves.com #Cityfringe # Redevelopment

Muse share the news that planning permission has been granted to bring the transformational vision for #Earlestown to life, as part of their #partnership between ECF and St Helens Council. “The historic market town is home to the oldest working market in the country and a 125-year-old Grade II Listed Town Hall and clocktower, which hosted an early performance by The Beatles. The plans include: 👉 Enhanced and upgraded market square into a stunning multi-use public square 👉 New permanent market canopy providing high-quality, sheltered trading and events space all year round 👉 Internal refurbishment of #Earlestown Town Hall with #community space, flexible workspaces and a new courtyard garden and café” Read more: https://lnkd.in/eDCup3bA ECF with Homes England | Legal & General | St Helens Council | CBRE UK | Jon Matthews Architects | Buttress | Planit | Influential Agency | AtkinsRéalis | Arcadis | Cundall #placemaking #regeneration #partnership #community

Green light for Earlestown Planning permission has been granted to bring the transformational vision for #Earlestown to life, as part of our #partnership between ECF and St Helens Council. The historic market town is home to the oldest working market in the country and a 125-year-old Grade II Listed Town Hall and clocktower, which hosted an early performance by The Beatles. The plans include: 👉 Enhanced and upgraded market square into a stunning multi-use public square 👉 New permanent market canopy providing high-quality, sheltered trading and events space all year round 👉 Internal refurbishment of #Earlestown Town Hall with #community space, flexible workspaces and a new courtyard garden and café Read more: https://lnkd.in/eDCup3bA ECF with Homes England | Legal & General | St Helens Council | CBRE UK | Jon Matthews Architects | Buttress | Planit | Influential Agency | AtkinsRéalis | Arcadis | Cundall #placemaking #regeneration #partnership #community

A good solution to two distinct real estate challenges in larger cities. The surplus of commercial space and the shortage of residential space.

The cities and regions that could benefit most from turning underused office buildings into housing are the City and County of San Francisco Bay Area, City of Seattle, City of Phoenix, City of Atlanta and City and County of Denver, according to an Urban Institute analysis published June 5. “Cities experiencing both acute distress in their office real estate market and a significant need to increase their housing supply have the most to gain from intensifying their efforts to enable and ease office-to-residential conversions,” Urban Institute Research Associate Jorge González-Hermoso writes in the report. He urged these cities to encourage adaptive reuse by allowing more flexible land use, updating building codes, streamlining the permitting process and offering tax credits or property tax abatement.

https://zurl.co/nWIx7 Boston’s latest zoning proposal for downtown Boston would allow towers to be built on the side of Washington Street closest to Boston Common — but only if the building is mostly residential, Boston Business Journal reported.

Curious about the latest shifts in Calgary’s office landscape? Our new white paper by Savills Research delves into the surge in office sales, the rise of Class B and C properties, and the evolving work-from-home dynamics shaping the future of Calgary’s commercial real estate. Read the full report here: https://lnkd.in/ewiMbyf5 #WeAreSavills #CREInsights