Franklin Tower makeover a prime example of office-to-residential conversion

Climbing office vacancies combined with housing shortages in many U.S. cities is stirring development interest in wholescale office-to-residential building makeovers. But complex design and engineering challenges plus the economic unknowns of conversions can leave developers uncertain about proceeding.   “Sometimes they are challenging to make and pencil out,” especially on large buildings, says Robert Fuller, principal … Continue reading Franklin Tower makeover a prime example of office-to-residential conversion