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Real Estate/Development

Oct. 9, 2003

Adaptive Reuse: How Deep a Market?

BY LAURA COLEMAN CREJ Staff Writer Ever since developer Tom Gilmore turned downtown Los Angeles' Old Bank District into a residential enclave by converting vacant office buildings into loft apartments in the mid-1990s, the area has undergone a renaissance.

BY LAURA COLEMAN
CREJ Staff Writer

Ever since developer Tom Gilmore turned downtown Los Angeles' Old Bank District into a residential enclave by converting vacant office buildings into loft apartments in the mid-1990s, the area has undergone a renaissance.

And urban-minded Angelenos, it seems, can't get enough.

Steady demand and robust investment in adaptive reuse - a process that converts buildings to new uses while retaining their historic...

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