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In the latest episode of the Ask the Expert series, STOBG Senior Vice President of Building Repositioning, Brooks McDaniel, explores the complexities of office-to-residential conversions. Join Brooks as he debunks common myths, breaks down cost comparisons, and discusses design challenges, zoning impacts, and government incentives shaping these transformative projects.
The life sciences sector is one of the fastest growing and most complex areas in construction today. With advancements in biotechnology, pharmaceuticals, and medical research, the demand for state-of-the-art laboratories, manufacturing facilities, and flexible research spaces continues to surge.
As urban landscapes evolve, cities face a dual challenge: high office vacancy rates and critical housing shortages. One innovative solution is transforming underutilized office buildings into residential spaces. To explore this trend, Brooks McDaniel, Senior Vice President of Building Repositioning at STO Building Group, dives into valuable insights into the complexities and opportunities of these conversion projects.
The construction industry is at an interesting inflection point. Tariffs and fluctuating energy prices are beginning to reshape how projects are planned and executed. While some developers are pausing to reconsider projects amid escalating costs, others see opportunity in the shifting landscape.
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