Adaptive use and historic renovation projects are notoriously complex, no matter the size or scope. When undertaking these types of projects, one thing is clear: expertise matters. On April 28, we’re kicking off a new, free webinar series to share what makes expertise so critical and the many factors involved in making these projects a success. Developers, property owners, and anyone considering an adaptive use or historic renovation project are encouraged to register and attend this webinar series.
Recognizing that a wide variety of skilled professionals are required to successfully execute adaptive use and historic renovation projects, we’ve assembled five industry experts to discuss the hurdles, pitfalls, and quandaries developers and property owners often encounter. The first webinar, “Solving Today’s Adaptive Use Challenges,” will walk you through the opportunities and challenges of developing creative and practical adaptive use projects, while the following three delve into the legal, financial, and construction implications. Together, the series gives you a rare chance to hear experts across a range of specialties paint a full picture of what these projects entail.
In each webinar, our speakers will focus on a key concept related to their particular industry:
- April 28, 1 p.m. EST
Redevelopment Principles — In the kickoff webinar, I’ll provide a general overview and discuss why this approach to redevelopment is both practical and timely. I’ll also explore key issues you need to consider before you renovate or repurpose an older building.
- May 28, 1 p.m. EST
Legal Implications — Dave Raderman, a partner at the law firm Gallagher Evelius & Jones LLP, will discuss the core elements involved in structuring a deal and some of the constraints imposed by specific types of financing.
- June 25, 1 p.m. EST
Accounting Implications — Joel Cohn, a partner at the renowned accounting firm CohnReznick, will discuss the financial and accounting logistics needed in complex adaptive use projects with multiple tiers of funding sources.
- July 21, 1 p.m. EST
Construction Challenges — John Diehl and Willy Moore, vice presidents at Southway Builders, will share their experiences with renovation projects and the lessons they’ve learned on how to effectively anticipate (and budget for) various conditions in existing structures.
Our goal with the webinars is to present these four key concepts in a way that helps unlock the potential for a new generation of development projects that successfully integrate adaptive use and sustainable design principles. These projects can play a key role in establishing vibrant mixed-use neighborhoods by revitalizing individual properties. Analysis, research, and experience have enabled us to develop new methods of extending a building’s functional life and future flexibility, while preserving strong links to its unique history.
At the conclusion of this four-part series, we expect participants will be able to:
- Identify the opportunities and challenges involved in integrating sustainable design strategies into the adaptive reuse of historic structures, including historic tax credit issues and brownfield concerns.
- Analyze sustainable design principles and their relation to the adaptive use of historic urban properties.
- Recognize the unique role and specific responsibilities of each team member.
- Understand how the various project team members need to coordinate and collaborate to effectively and efficiently develop these types of projects.
- Apply a variety of financing strategies and life-cycle cost analyses to fund these types of adaptive use projects.
- Address how the adaptive use of older urban structures can act as an effective catalyst for neighborhood revitalization and civic engagement.
For developers interested in projects that revitalize urban communities while preserving the essential character of historic buildings, these events should not be missed. We invite you to register and look forward to the first conversation at 1 p.m. on April 28.