180,000 New Apartments Being Converted for Adaptive Reuse in US: Report

Date:

180,000 New Apartments Being Converted for Adaptive Reuse in US: Report

The Chicago skyline on Aug. 17, 2024. Madalina Vasiliu/The Epoch Times

New apartments are turning up in unlikely places, as vacant hotels, office buildings, and even schools are being converted across the country this year to create a record-breaking 181,000 new apartments. This figure towers over the 25,000 conversions completed in 2024.

An Oct. 24 report from RentCafe found that while vacant hotels dominated the conversions in 2024, former schools took the lead spot as the fastest-growing type of adaptive reuse.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Speaks to the Press in Paris Before Departing to Visit Versailles

Trump Speaks to the Press in Paris Before Departing...

Read Full Transcript: Interim Deal to End Iran War

Iranian Basij militia members display their drones during military...

Snap Launches $2,195 Augmented Reality Glasses

Demonstrators block a roadway near the offices of Snap...

Fed Leaves Rates Unchanged at Warshs First Meeting

Federal Reserve chairman Kevin Warsh speaks at the White...