The continuation of remote work practices has drastically changed urban office landscapes, resulting in vacant spaces and lower occupancy rates, indicating a long-term shift in work culture.
By early 2024, nearly 70 million square feet of office space are being repurposed, showcasing a significant trend toward converting underutilized spaces into multifamily residential options.
The trend toward office conversions is addressing urban housing shortages, illustrating the potential to revitalize aging office structures while providing new residential options.
Architects are exploring diverse possibilities for transforming vacant offices into vibrant new spaces, including multifamily units and research facilities, emphasizing the adaptability of these buildings.
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