What You Will Learn:
- Philadelphia’s Repositioning Landscape – Why millions of square feet of office space in Center City remains vacant, and how adaptive reuse is emerging as a key strategy to revitalize underutilized properties.
- The Future of Office-to-Residential Conversions – How developers are overcoming zoning, structural, and financial hurdles to successfully transform outdated office buildings into multifamily, mixed-use, and hospitality assets.
- Industrial-to-Life Sciences and Innovation Conversions – Why the Navy Yard, University City, and South Philadelphia are leading the city’s industrial-to-lab conversion boom, and how developers are making these projects financially feasible.
- Historic Building Reuse and Tax Incentives – How developers are leveraging Philadelphia’s historic tax credit program, 10-year tax abatement, and Keystone Opportunity Zones to finance large-scale repositioning projects.
- Financing and Capital Markets for Adaptive Reuse – How high interest rates and tighter lending conditions are impacting conversion projects, and which funding strategies and equity partners are making deals happen.
- Zoning, Policy and Regulatory Challenges – What Philadelphia’s zoning laws, building codes, and land-use policies mean for adaptive reuse projects, and how developers are working with city officials to streamline approvals.
- Construction and Infrastructure Challenges – How developers are handling outdated mechanical, electrical, and plumbing (MEP) systems, code compliance issues, and structural constraints in older buildings.
- Mixed-Use and Transit-Oriented Redevelopment – Where Philadelphia’s next major mixed-use hubs will emerge as transit-oriented development fuels demand for walkable, live-work-play communities.
- The Long-Term Vision for Philadelphia’s Built Environment – What’s next for Philadelphia’s skyline, urban districts, and industrial corridors, and how repositioning will shape the city’s real estate market over the next decade.
