Adaptive Reuse: Impacts On Communities And Local Markets | Canadian Real Estate Wealth

Adaptive Reuse: Impacts On Communities And Local Markets | Canadian Real Estate Wealth

Adaptive reuse, where old buildings are repurposed for new uses, has become an increasingly important development strategy in Canada. As cities and smaller communities alike grapple with housing shortages, commercial vacancies, heritage preservation, and sustainability imperatives, adaptive reuse is reshaping local real estate markets in ways that affect both short- and long-term value. Beyond aesthetics or nostalgia, it offers a path toward eco…