Hotel Monaco Philadelphia

Hotel Monaco Philadelphia

Urban Flight Encourages More Adaptive Reuse

On a national scale in major and secondary cities, residents and companies are moving back into urban areas, requiring investors to find niche properties for new development, and cities to enact laws that encourage preservation but waive interior demolition.

Adaptive reuse projects are inherently green since they involve the reuse of empty, often blighted buildings, and most are being redeveloped to LEED specifications in accordance with city ordinances. And

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