MarketRent | Cleveland’s Opportunity Corridor: A Blueprint for Inclusive Urban Revitalization

MarketRent | Cleveland’s Opportunity Corridor: A Blueprint for Inclusive Urban Revitalization

In this issue of MarketRent™ powered by Clarendon, we explore how Cleveland’s Opportunity Corridor is transforming the city’s east side, bridging historic neighborhoods with University Circle and sparking economic growth. This $330 million project isn’t just about infrastructure—it’s about revitalization, community engagement, and equitable development.

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MarketRent | Cincinnati’s Transformation: Office-to-Res Conversions Fuel Downtown Revitalization

MarketRent | Cincinnati’s Transformation: Office-to-Res Conversions Fuel Downtown Revitalization

In this issue of MarketRent™ powered by Clarendon, we explore how Cincinnati is revitalizing its downtown core through innovative office-to-residential conversions. Amid shifting tenant preferences and rising office vacancies post-pandemic, the city is transforming underutilized office spaces into vibrant residential and mixed-use developments. Iconic projects like The Provident, AT580, and the planned transformation of Carew Tower highlight how Cincinnati is blending historic preservation with modern urban living.

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MarketRent | Cincinnati's Urban Revival: The Rise of Office-to-Residential Conversions

MarketRent | Cincinnati's Urban Revival: The Rise of Office-to-Residential Conversions

In this issue of MarketRent™ powered by Clarendon, we explore how Cincinnati is reshaping its urban landscape through bold office-to-residential conversion initiatives. As remote work continues to shift office market dynamics, the city is leveraging its rich architectural heritage to transform underutilized office spaces into vibrant residential and mixed-use developments.

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MarketRent | Bridging Gaps: Office-to-Residential Conversions and the Future of Downtown D.C.

MarketRent | Bridging Gaps: Office-to-Residential Conversions and the Future of Downtown D.C.

In this issue of MarketRent™ powered by Clarendon, we explore how Washington D.C. is addressing rising office vacancies and housing shortages through adaptive reuse. By transforming aging office spaces into modern residential units, projects like The Elle Apartments, 1625 Massachusetts Ave NW, and The Accolade are revitalizing the downtown core, preserving architectural history, and meeting evolving urban living demands. These initiatives, supported by the Housing in Downtown Program’s tax abatements and incentives, are not only overcoming retrofitting challenges but also driving significant economic impact. Adaptive reuse is fostering competitive housing options, boosting the local economy, and shaping D.C.’s future as a vibrant, sustainable, and mixed-use city.

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MarketRent | Turning Vacancy into Vitality: Office-to-Residential Conversions in New York’s FiDi

MarketRent | Turning Vacancy into Vitality: Office-to-Residential Conversions in New York’s FiDi

In this edition of our Market Brief, we delve into how the Financial District (FiDi) submarket in New York is reshaping its urban landscape by transforming vacant office spaces into residential units. While not new in FiDi - with rising office vacancies due to shifts toward remote and hybrid work, Manhattan is addressing its housing shortage by repurposing underutilized commercial buildings into modern homes.

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MarketRent | A New Era for Downtown Manhattan: The Rise of Office Conversions

MarketRent | A New Era for Downtown Manhattan: The Rise of Office Conversions

In this issue, we explore how New York City is transforming its urban landscape through innovative office-to-residential conversions. With rising office vacancies due to the shift towards remote work, Manhattan is seizing the opportunity to address its housing shortage by repurposing underutilized office spaces into modern residential units.

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MarketRent | Philadelphia’s Adaptive Reuse Boom: Highlighting Center City's Major Conversions

MarketRent | Philadelphia’s Adaptive Reuse Boom: Highlighting Center City's Major Conversions

In this issue, we explore how the evolving trend of adaptive reuse is shaping the future of urban living, with a spotlight on Philadelphia's Center City. As the city responds to changing housing demands, iconic office buildings are being transformed into modern, vibrant residential spaces. Projects like Franklin Tower Residences, the historic One City, and the redevelopment of 1701 Market St are leading the charge in this transformation, blending luxury living with the preservation of architectural charm.

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MarketRent | Reimagining Boston's Workspaces: A Tax-Driven Push for Residential Conversions

MarketRent | Reimagining Boston's Workspaces: A Tax-Driven Push for Residential Conversions

In this edition of MarketRent™ powered by Clarendon, we explore Boston’s forward-thinking tax incentive program, designed to transform vacant downtown office spaces into much-needed residential units. By offering significant tax reductions—lowering the commercial tax rate to the more favorable residential rate, with additional discounts spanning 29 years—Boston is addressing both high office vacancy rates and housing shortages. The initiative requires developers to include affordable housing and meet energy efficiency standards, promoting sustainable development. While challenges like implementation costs persist, this program is set to revitalize the city’s downtown core, attract new residents, and boost local businesses.

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 MarketRent | Clay Arsenal and Northeast: Unlock the Potential of Multifamily Development Opportunities in Hartford's North End

MarketRent | Clay Arsenal and Northeast: Unlock the Potential of Multifamily Development Opportunities in Hartford's North End

In this issue of MarketRent™, we highlight Hartford’s North End, featuring the revitalizing Clay Arsenal and Northeast neighborhoods. Clay Arsenal’s mix of renovated spaces and new multifamily projects is boosting its appeal, while Northeast benefits from its historic charm and recent infrastructure upgrades. Both areas are seeing increased development and investment, marking North Hartford as a growing hub for renters and investors.

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MarketRent | Beyond Center City: Walkability Fuels Growth in Philadelphia's Outer Neighborhoods

MarketRent | Beyond Center City: Walkability Fuels Growth in Philadelphia's Outer Neighborhoods

In this issue of MarketRent™ powered by Clarendon, we spotlight North Philadelphia East, a prime example of the national shift towards walkable neighborhoods. Revitalized areas like Fishtown and Fairmount have seen rising demand and rental premiums, with Norris Square leading the way. Its compact layout, connected streets, and proximity to local amenities, including Norris Square Park, make it highly walkable. Recent upgrades in pedestrian infrastructure, like bike lanes and wider sidewalks, enhance its appeal. As demand for walkable living grows, North Philadelphia East is emerging as a key area for renters and real estate investors.

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