The former Mendelsons liquidation outlet has been adapted into a mixed-use development called The Delco with over 500,000 square feet of resident and commercial property. By fusing modern with industrial design elements, this massive development is helping to revitalize the area by attracting more tenants and businesses to Dayton’s Water Street District.
Look around and you’ll see plenty of vacant buildings. Can they be turned into housing? Adaptive reuse, as it’s known, is on the rebound and estimates say ninety-percent of real estate development in the next decade will involve adaptive reuse, or repurposing buildings for something other than their intended use. Most cases involve offices or hotels but factories, warehouses, malls, and schools are also undergoing […]
A Vacancy Adapts to a Need According to Moody’s Analytics, about 20% (19.6) of office spaces in major US cities are vacant. Dayton has an even higher rate, with 28% of its office buildings vacant. There is also a lack of available housing in Dayton. With so many vacant office buildings, and a need for housing, developers see potential in converting offices into apartments through a strategy […]
Look around downtown Cincinnati and Dayton and you’ll find plenty of available office space. Dayton’s Fifth Third Bank Center and Stratacache, formerly known as Kettering Tower, sit half empty. In Cincinnati, Atrium I and II have no shortage of available space for lease. And the 27-story URS tower on East Seventh Street was 77-percent vacant before being sold to a developer in March 2024. Why […]
The Barrister gets transformed from an historic office space to the first affordable housing apartments in the Central Business District in almost 30 years.
