Synopsis:

In a move to help spur activity in a down economy, the City of Phoenix has approved a number of policy changes and enhancements. One such change is to expand the Adaptive Reuse Program to include buildings up to 100,000 square feet and “big box” retail spaces. Adaptive reuse is a great way to help revitalize and stimulate communities. Phoenix’s investment in this policy furthers this concept. By expanding the buildings covered by this streamlined process, the city acknowledges that there are now a number of large structures becoming vacant due to store closings. These buildings tend to be newer and also are prime locations for new, more walkable reuses.