HAS YOUR SITE LOST ITS APPEAL?
CONSIDER REDEVELOPMENT.
Redevelopment offers an exciting opportunity to revitalize a site by incorporating new plans and uses into existing structures. An example of redevelopment would be the reworking of a rundown, vacant warehouse into attractive loft apartments. While redevelopment sometimes serves to remedy urban blight, it is more often used to breathe new life into sites that have outlived their usefulness (such as outdated shopping malls). In these situations, property owners choose to rebrand their sites in an effort to compete for tenants and customers.
Over the years, Lutjen has worked on numerous redevelopment projects. We understand the challenges of modifying and upgrading existing infrastructure to accommodate your new use and design. We are accustomed to implementing redevelopment in stages to enable current tenants to remain on site and continue to conduct business throughout the process. Because redevelopment projects can cost as much—if not more—than new construction, we discuss design options and cost benefits with you to help you make informed decisions.
The challenges of redeveloping a site may seem insurmountable, but Lutjen can help put things into perspective. Those challenges are far outweighed by the rewards of renewing pride in the community, boosting revenues, and increasing occupancies. If you’re considering a redevelopment project, consider Lutjen. | 