“It’s a generational opportunity,” Barradale said. It really would start to set us apart from some of our peers.” “If you think about all of the opportunities for conversions in the city,” Barradale said, “if we just took half of those and converted them to residential, how would that change the way uptown Charlotte feels? How would it change the way retail can thrive here? How would it change investments in public spaces? It would make uptown an incredibly vibrant downtown. One thing seems to be clear: this desire for more conversions represents a big opportunity. A rendering of one of the apartments in 160 Water Street. Some officials in cities across the country are discussing how to help incentivize those conversions, whether with tax abatements or minimum numbers of affordable housing units. Take a look inside the biggest-ever office building to be transformed into homes in New York City. “And so the trick is, can you figure out that equation that takes the office floor plate to a residential floor plate in a cost-effective way?” “Having to empty that office building, convert it to residential units, convert the mechanical and electrical systems and plumbing, elevators, potentially explore different ways to open up windows or make windows operable, add balconies, add amenity spaces,” Barradale said. Inside Office Building Photos and Premium High Res Pictures - Getty Images Find Inside Office Building stock photos and editorial news pictures from Getty Images. Browse 19,268 authentic office building interior stock photos, high-res images, and pictures, or explore additional office or office building stock images to find the right photo at the right size and resolution for your project. That also means their tax base is smaller. Several industry professionals said that the biggest obstacle to conversion is cost: office spaces aren’t designed with residential use in mind, so converting them is often costly and can be logistically difficult.īarradale said he and his team of 20-25 architects and designers consider a number of factors on potential conversion properties, and there can be significant challenges. According to Van Nieuwerburgh, Americas 10 largest cities have lost about 2 million residents in the last three years. So we’re kind of – on the front end – leading the charge of the conversion strategy as a whole.” “We’ve looked at multiple buildings in Charlotte, and Gensler as a firm has looked at close to 1,000 buildings across the country. “We get requests all the time,” said Cam Barradale, studio director at the Charlotte office of Gensler, a global architecture, design, and planning firm. That drop in foot traffic has hurt local businesses, according to some experts, and now it’s causing a shift in commercial real estate. Västgötagatan 5, a commercial work space in Stockholm, Sweden, was recently refurbished to update the staircases and general floor plan.
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