McCullough’s Post

In an era of evolving urban landscapes, the transformation of underperforming commercial spaces into #multifamily residential units represents a significant architectural and economic opportunity. Leveraging the inherent strengths of prime locations and robust infrastructure, #adaptivereuse not only maximizes returns but also aligns with shifting demographic trends and lifestyle preferences. By converting these spaces, DNA Workshop has helped our clients breathe new life into urban areas, enhancing community vibrancy and ensuring the sustainability of investments. #architecture #realestate #housing

The national vacancy rate for commercial real estate is 17.9% and rising, with some cities, such as Dallas, seeing drastically higher vacancy rates. As market demand evolves, here's how we've seen our clients mitigate their risk and unlock hidden value by making the jump to residential. #commercialrealestate #adaptivereuse #multifamily #affordablehousing

Chicago, renowned for breathtaking architecture and a burgeoning multifamily real estate sector, offers significant opportunities for investors. These opportunities, however, require insightful visualization presented through a strong proposal detailing potential value addition, expected returns, and a robust execution plan. With a compelling narrative about a property's potential, investors are prompted to look beyond physical structures and unearth the latent value. As the multifamily sector evolves, stakeholders are encouraged to add their unique value to each property, thereby transforming communities and leaving a vibrant mark on city skylines. Full link to the article is here: https://lnkd.in/gZ8n9Abi

As the senior population continues to grow, so does the demand for senior-friendly multifamily housing. This trend has prompted architects and developers to explore innovative design strategies that support aging in place while providing comfortable and safe living environments. In this comprehensive exploration of multifamily architecture, we’ll delve into the importance of designing senior living homes, the evolving needs of seniors, and how the best architect firms are revolutionizing the concept. Read more on adapting multifamily architecture for aging in place here: https://lnkd.in/dYNDz8Ww

The vision for Battery Park City, the New York neighborhood located on Lower Manhattan’s west side, once looked very different from what is there today. A master plan for the area devised in 1969 called for a colossal megastructure running the entire length of the area. Revisions (and a recession) led to a scaled-down yet still quite radical concept that featured residential pods connected by elevated skyways, reported Bloomberg. "With public frustration and financial challenges mounting, a new vision emerged in 1979, one that applied the lessons of the urbanist giant Jane Jacobs and incorporated the existing grid of Manhattan. Instead of one single structure or concept, it allowed for multiple developers to take on parcels over time, while still facilitating a singular vision for park space, public art and other amenities." "This new direction was the work of Cooper Robertson (then Alexander Cooper Associates), a firm that has gone on to work on other mega-developments in New York and beyond. Donald Clinton, a planner with the firm since 1985 (and a partner since 1995), has worked on many of New York’s defining 21st-century projects, including the urban design framework for Hudson Yards and planning and design for the Greenpoint and Williamsburg waterfront redevelopment in Brooklyn." "Clinton, who retired from the firm at the end of December, spoke with Bloomberg CityLab about his experience as a planner for mega-scale developments." https://lnkd.in/gMYWQaZZ #unitedstates #development #newyork #megaprojects

HGA's Rob Zirkle explores the 2023 commercial real estate trends, driven by a post-pandemic valuation reset that eliminates single-use zoning, opening opportunities for innovative mixed-use developments with promising returns in 2024 and beyond. https://lnkd.in/etFCzNTD

HGA's Rob Zirkle explores the 2023 commercial real estate trends, driven by a post-pandemic valuation reset that eliminates single-use zoning, opening opportunities for innovative mixed-use developments with promising returns in 2024 and beyond. https://lnkd.in/etFCzNTD

Elevate Multifamily Living: How to incorporate style and design with security and convenience. http://ms.spr.ly/6040Ypu3G

HGA's Rob Zirkle explores the 2023 commercial real estate trends, driven by a post-pandemic valuation reset that eliminates single-use zoning, opening opportunities for innovative mixed-use developments with promising returns in 2024 and beyond. https://lnkd.in/etFCzNTD