Live/Work Space

Want people to return to American downtowns? Have them live there. “Across the country, office-to-housing conversions are being pursued as a potential lifeline for struggling downtown business districts that emptied out during the coronavirus pandemic and may never fully recover. The conversion push is marked by an emphasis on affordability. Multiple cities are offering serious tax breaks for developers to incentivize office-to-housing conversions.” AP: Cities reviving downtowns by converting offices to housing.

+ More on this trend from The Hustle: The developers who see dollar signs in abandoned downtowns.