Mortgage And Real Estate News

Sunday, March 31, 2013

Vacant offices in 1985 building could become loft apartments


A vacant Scottsdale office building would be converted to 56 loft apartments under a plan submitted last week to the city.

Joel Broder, Niche Residential chief executive, proposed an adaptive reuse of a 1985 red-brick building of 71,000 square feet southeast of 92nd Street and Shea Boulevard.

It will be a challenge to convert the three-story office building to loft apartments with 12-foot celings but it makes sense to reuse the structure for the Scottsdale 92 residential project, he said.

Read more:  Vacant offices in 1985 building could become loft apartments

Real Estate News

Reuters: Business News

National Commercial Real Estate News From CoStar Group

Latest stock market news from Wall Street - CNNMoney.com

Archive

Recent Comments