Adaptive Reuse

Finding opportunity in our vacant built assets

Items Tagged ‘assets’

How to Reliably Create Rapid, Resilient Renewal When Your Community is Broke, Depressed, and/or at Each Others’ Throats

Publication Date:
January 2010
Written By:
Storm Cunningham
Source:
Smart Growth Online



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Synopsis:

For communities in need of revitalization (or even stabilization), there are a number of elements that must be dealt with: funding, politics, organizing. Communities may need social, environmental, or economic restructuring and Storm Cunningham looks at what’s necessary to achieve it even with the challenging elements. It begins with a paradigm shift. Civilization has worked on a “dewealth” platform – development of land, depletion of resources, despoilment of air, water and soil. We must (and have started to) shift to a “rewealth” mindset – renewing existing assets: infrastructure renewal/replacement; brownfields remediation; historic structure renovation; the renewal of schools, health services, commerce, security, and other public services; plus the restoration of ecosystems, fisheries, watersheds, and agricultural lands. Redevelopment can be the dominant mode of wealth creation and stabilization as well as increasing our quality of life. “Smart growth has emerged as a way of collecting best practices that take a more integrated approach to creating and renewing community assets.”

Building a Better Urban Future

Publication Date:
June 2005
Written By:
Alan Mallach
Source:
National Housing Institute



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Synopsis:

Alan Mallach, Research Director at NHI, examines the opportunities that weak-market cities can provide. He notes that while many American cities have seen a rebirth and reinvestment, not all cities have shared in the experience. He defines the weak-market cities as those that “continue to lose population, jobs, and businesses.” These cities, however, have a number of assets which can be used to rebuild the economies and quality of life. One such asset is the built environment. He notes that while these buildings may have been built for a particular use, they can be adapted for a new one depending on what the community needs. He then outlines seven principles that can be used to help guide development of the policy goals for housing and economic investment.