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Office to Residential Conversion

Historical Buildings - Office to Residential Feature Image

RCLCO serves as a unique resource for owners, investors and operators of office buildings, many of whom are looking at ways to reposition, change the mix of uses, or convert their office assets (either holistically or piecemeal) to housing or other uses. We are asked to:

  • Triage office portfolios to assess long-term viability and redevelopment potential
  • Complete feasibility analyses for redevelopment, particularly for a wide array of housing, hotel, and other uses
  • Complete highest and best use studies
  • Develop detailed residential programs reflecting the existing asset realities to accelerate planning studies and ensure market success

We are able to quickly and efficiently assess existing asset constraints and opportunities; market conditions; provide detailed and actionable recommendations regarding re-use or redevelopment potential; assess the financial implications of redevelopment scenarios; find the right implementation partners; and work with our clients on developing an implementation strategy for making the desired change.

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Case Studies:

Case Study: Highest and Best Market Reuse of Vacant Downtown Office Building

Case Study: Market Analysis and Development Recommendations for the Conversion of Office Space into Rental Apartments

Case Study: Supply & Demand Analysis for Conversion of Existing Office Buildings into Live/Work Residential

Service Offerings

Market Analysis  |  Residential Programming  |  Customer Definition & Consumer Research

(With Partners) Design Concept Development  |  (With Partners) Conversion Cost Estimates

Financial Feasibility Analysis  |  Portfolio Analysis & Repositioning  |  Alternate Highest & Best Use Analysis

Fiscal and Economic Impact Analysis  |  Litigation Support  |  Development Partner Selection Support

Property Manager Selection Support  |  Strategic Planning

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We take a strategic, data-driven approach to solving your real estate problems.

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