• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Us
  • Say hello
Rethink Real Estate. For Good.

Rethink Real Estate. For Good.

  • Podcast
  • Posts
  • In the news
  • Speaking and media
    • About Eve
    • Speaking requests
    • Speaking engagements
    • Press kit
  • Investment opportunities

Adaptive re-use.

October 5, 2020

To adaptively re-use a building is to re-imagine and re-purpose it. Often old, historic buildings have outlived their original purpose. They can be demolished or brought back to life and adapted to contemporary life. And there are compelling reasons to re-use historic buildings.

Sustainable

The adaptive re-use of buildings is inherently green. It’s a form of recycling which uses less energy than new construction and generates less waste than demolition or ground up new construction. The bulk of materials that give the building shape don’t need to be manufactured, procured or transported – they’re already on site and in place. Typically they are higher quality materials which would be prohibitively expensive to purchase today or, in the case of old growth forest, no longer even available. A hundred years ago building standards were also higher. A century-old building might outlast a brand new one.

Less urban sprawl

Urban sprawl can be contained by the re-use of existing old or abandoned buildings. Many older buildings are located in dense, walkable neighborhoods with good access to transit. Warehouses and factories in cities around the world have been converted to a myriad of uses, including co-working offices and some of the coolest homes. Industrial waterfronts in many cities have transformed struggling and forgotten areas into vibrant neighborhoods. And even unused railway trestles have been converted into linear parks providing much-needed outdoor space as well as pedestrian links between neighborhoods.

Lots of character

Historic buildings are a tangible part of the past, providing cultural enrichment to communities and allowing residents to take pride in the history of their place. The revival of urban downtown areas and historic buildings has often resulted in higher property values. People seem drawn to local history, to the warmth of old materials or maybe to older buildings just because they are more interesting.

As long ago as 1961, Jane Jacobs asserted that small businesses, like stores, restaurants, neighborhood pubs and small start-ups thrive in old buildings. Maybe she was right. A newer study from the Preservation Green Lab shows that cities with older, smaller buildings have higher density, a greater number of small businesses, more entrepreneurial activity, more diversity and more affordable housing.

Affordable

Avra Jain, who co-founded the Vagabond Group, is a wildly creative Miami developer, passionate about adaptive re-use projects. She has earned a reputation for identifying the next IT neighborhood. Her remake of the abandoned 195O’s Vagabond Hotel on Biscayne Boulevard in Miami changed the course of that neighborhood forever. The historic MiMo District was born. But Avra wants to push adaptive reuse even further. Her personal passion is to convert these abandoned and historic motels into reimagined, affordable housing communities. She’s tackling both the restoration of significant architecture and the making of affordable housing in a very unique way.

Listen to my interview with Avra to learn more about the importance of saving buildings.

Image by Eve Picker

Filed Under: All, Climate, Development, Equity, Investing, Learn Tagged With: Affordable housing, Climate, Development, Environment, Equity, Impact, Investing

Primary Sidebar

sign up here

APPLY TO BE A PODCAST GUEST

More to See

Passive House Duplex.

November 20, 2024

The case for social housing.

September 18, 2024

Pittsburgh champion.

September 3, 2024

FOLLOW

  • LinkedIn
  • RSS

Tag Cloud

Affordable housing Climate Community Creative economy Crowdfunding Design Development Environment Equity Finance FinTech Gentrification Impact Investing Mobility Offering Opportunity zones PropTech Technology Visionary Zoning

Footer

©rethinkrealestateforgood.co. The information contained on this website is for general information purposes only. Nothing on this website is intended as investment, legal, tax or accounting strategy or advice, or constitutes an offer to sell, solicit or buy securities.
 
Any projections discussed or made may not be accurate and do not guarantee a specific outcome. All projections or investments are subject to risk due to uncertainty and change, including the risk of loss, and past performance is not indicative of future results. You should make independent decisions and seek independent advice regarding investments or strategies mentioned on this website.

Recent

  • Real estate and women.
  • Oculis Domes.
  • Bellevue Montgomery
  • West Lombard
  • Swank Atlanta.

Search

Categories

Climate Community Crowdfunding Development Equity Fintech Investing Mobility Proptech Visionary

 

Copyright © 2025 · Magazine Pro on Genesis Framework · WordPress · Log in