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Renaissance Rusting: Voicing hope and concern about the future of Downtown Buffalo

Summary by WKBW

After decades of decline, Downtown Buffalo was experiencing an incredible resurgence: new construction, high office occupancy rates, a growing tax base. But then came the pandemic, and like many urban areas in America, there are now concerns that the renaissance is rusting. About 20,000 fewer employees are driving into downtown each day, with many working remotely at least a few days per week. At the same time, the boom in housing has come to a …

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Minnesota Reformer

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Cities and developers want state money to convert office buildings to housing, other businesses • Minnesota Reformer

As the value of commercial buildings collapses in the wake of the pandemic, Minnesota city leaders want state help to convert underutilized buildings into housing or better commercial uses. Office towers that were once prime locales for blue chip tenants have been selling at massive discounts — 97% in one recent case — alarming city leaders […]

4 days ago

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Southernminn.com

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Mesabi Tribune

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Cities and developers want state money to convert office buildings to housing, other businesses

4 days ago

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WKBW

Center

Renaissance Rusting: Voicing hope and concern about the future of Downtown Buffalo

4 days ago

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City Journal

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Want Abundance in Housing? Acknowledge that Greed Is Good

A successful YIMBYism celebrates the profit motive rather than apologizing for it.

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Elevator World

Historic Chicago Office Tower Eyed for Conversion

An investor in Grand Rapids, Michigan, wants to convert the upper office floors of the 38-story, circa 1927 Pittsfield Building in Chicago into 214 apartments, adding to the 442 residences on floors 13-21 previously converted by Marc Realty, outlets including The Real Deal report, citing Crain’s. Crain’s said Tom Liravongsa of L’Cre Global filed a… The post Historic Chicago Office Tower Eyed for Conversion appeared first on Elevator World.

3 days ago

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Jamaica Information Service

NHT Implements Reimbursement System In Developers Programme – Jamaica Information Service

In a strategic move to boost affordable housing, the National Housing Trust (NHT) has implemented a reimbursement system in the Developers Programme, aimed at improving builders’ access to financing for housing projects. Speaking with JIS News recently, Senior General Manager for Construction and Development, Brian Saunders, said the initiative will compensate developers for the preliminary […]

4 days ago

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