With Austin office buildings 20 percent vacant, conversion to housing remains out of reach - Austin Monitor
Briefly

from Austin Monitor1 week ago
It's easy to throw the idea out, to say, oh, we should just do office conversions to residential," said Stein, president of Intracorp Texas...
Austin Monitorhttps://www.austinmonitor.com/stories/2024/05/with-austin-office-buildings-20-vacant-conversion-to-housing-remains-out-of-reach/
Stein and other real estate experts...said it would take a precise mix of factors to make those conversions make economic sense locally.
Austin Monitorhttps://www.austinmonitor.com/stories/2024/05/with-austin-office-buildings-20-vacant-conversion-to-housing-remains-out-of-reach/
Read at Austin Monitor
#real-estate-market #office-spaces #residential-conversions #economic-challenges
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