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Why All Architects Should Tackle an Adaptive Reuse Project At Least Once in their Careers

Architizer

The preexisting building may require upgrades to reach contemporary standards for safety and building codes. As these types of transactions often qualify for tax benefits and alternative financing sources, architects undertaking such projects also often grow their knowledge in financial areas.

Project 90
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Mya and The Shop SLC, Salt Lake City, Utah

e-architect

photo © Tim Hursley Deal Structure Mya had a unique finance capital stack defined by deferred development fees, tax exempt bonds, and housing tax credits equity. A standalone ground-up commercial project with no direct subsidies like The Shop would have been challenging to finance on its own.

Cities 55
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100 Best Architecture Firms in the World [2020 Update]

Architecture Quote

They’re experts in skyscrapers and commercial real estate projects. Thomson Adsett Architects main activities reflect on hospitality, communal living, commercial, educational and interior projects. RLP offers services for a wide global client base, ranging from the public sector to commercial and institutional sectors.