Credit to the only conservative at the newspaper for challenging the idea that taxpayers should support bad real estate development ideas in reverse . . . Here's the fact check . . .
"Proponents of office-to-residential conversions argue these projects could alleviate the housing shortage and turn deserted business districts into bustling, mixed-use neighborhoods.
"Subsidized conversions may benefit developers, but do they truly address housing demand or create lasting urban vibrancy? The jury’s still out. Even when the idea aligns with the market, these conversions can be complex and most buildings aren’t good candidates. Large floor plates make it difficult to provide natural light for every unit. Windows are often fixed, and structural columns can create awkward layouts."
Read more via www.TonysKansasCity.com link . . .
Downtown office buildings could offer a solution to the housing crisis, but challenges abound | Opinion
Converting commercial properties into residential units isn't easy. Floor and window layouts can be awkward, and the projects too expensive.
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