this goes beyond a reclad but its an interesting read
Future proofing: Upgrade fading offices or convert them to residential?
WALLACE IMMEN
SPECIAL TO THE GLOBE AND MAIL
PUBLISHED 2 DAYS AGO
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Strategic Group's e11even office conversion in Edmonton.
STRATEGIC GROUP
Quote:
An aging 12-storey office building in Edmonton sat vacant after its tenants moved to a more modern building. The initial choices for landlord Strategic Group in a market with a glut of office space were to renovate in hopes of attracting enough office tenants to cover the operating costs or tear the building down and start fresh. But there was a third option: convert the building in a desirable location to a fully rented residential building.
It’s a reuse many owners of smaller, older buildings are contemplating across Canada in an office market destined to change in a post-COVID-19 economy, says Steven Paynter, principal at architecture and design firm Gensler.
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The Cube apartment building on 11th Avenue SW in Calgary is one of four office-building conversions by Strategic Group.
STRATEGIC GROUP
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https://www.theglobeandmail.com/busi...o-residential/