The dramatic changes in the way consumers shop, live and office, including the spectacular growth in online shopping and the rising sophistication of all tenants, makes it imperative that developers, financers and municipal officials find new purposes for underperforming properties. Due to shifting buying patterns, compounded by declining demand attributable to “sharing economy” services like Uber and Zipcar, many are turning to ambitious “adaptive reuse” strategies.
Join us for a symposium about the transformation of struggling retail properties into community centers, medical centers, storage facilities, and even urban farming locations. We will explore why the pace of this activity is accelerating as sales fall below required minimums. We will also see how adaptive reuse can earn surprisingly favorable returns for investors and local municipalities alike.
Whether you work for a public agency responsible for planning or zoning, or are a member of the real estate community, this symposium will keep you abreast of the many activities now underway across the region. As always, we’ll facilitate networking and extensive Q&A.
Friday, January 26 at 9:00am to 12:00pm
DePaul Center (DPC), 8005
1 E Jackson Blvd