If these walls could talk, what would they say? The process of taking existing structures and turning them into modern facilities is the hottest trend in development right now. It's called adaptive reuse and it's changing the way we create meaningful spaces. Over the past ten years in the US alone, there's been more than 40,000 adaptive reuse projects.
The number of adaptive reuse projects is expected to triple in the next 10 years! So what's fueling this movement to make the old new again? One of the biggest motivators is the increase of people moving into the inner city where more older buildings have stood the test of time. The idea of re-purposing something like an old factory into a residential or retail center is an attractive concept to many, especially millennials and Gen Z, who want to live, work, and play in spaces full of character without sacrificing modern technology or convenience.
But the draw for adaptive reuse projects goes far beyond the old hardwood floors and brick walls. It's more than creating a new space, it's about creating an experience. By taking inspiration from the surrounding community and paying homage to its history, these spaces tell a story the moment you walk through the door to the moment you leave. Check out our video below where we discuss how adaptive reuse can be part of your furniture, fixtures, and equipment budget and hear from our team as well as Bernie Sigal, CEO of Curv imaging. You'll hear about and see some real-world adaptive reuse projects.
While well worth it, adaptive reuse isn't an easy road. It certainly takes more time to develop and execute, but the reward outweighs the challenges. And, at the end of the day, when you see those environments that take their history and story into consideration - it makes adaptive reuse truly worth it.