Adaptive Reuse Case Studies

In a time where interest rates for investors have gotten to be at the highest rates in decades, private investors are looking at alternatives to building new projects for Multifamily developments. Naturally the first alternative to building new, would be to acquire a project that is already there. The famous Adaptive Reuse.

Adaptive reuse is the idea of reusing an older building for a different type of use. This can be a beautiful opportunity for owners to keep the integrity of the original building in tact, while producing something that is useable to the area. In older established cities this is extremely important to uphold the appeal.

We will now take a look at some of our favorite adaptive reuse projects, our Magiglide closet doors have been installed into over the years.

70 Pine Street

 

7o Pine Street, located in Lower Manhattan, was originally built in 1932. It was built for Cities Services Company (now Citgo), and has undergone numerous names since its development. When completed, it was the third tallest building in the world, and is beautifully designed with an Art Deco style of architecture. The building was originally designed by architectural firm Clinton & Russell, Holton & George and was built by James Stewart & Company.

The building was predomintanly an office space, until 2012. DTH Capital and Rose Associates later that year were responsible for transforming this piece of history for NYC into a mixed-use building featuring luxury rental apartments. The renovation was completed in 2016. In 2020, Mint House opened, which is a business traveler’s hotel, taking up 132 units in the building.

Landquist and Son was the chosen manufacturer for the durable bifold closet doors shown below. We are proud to be a part of such a historic renovation and exemplary example of an adaptive reuse.

The Grand Logan Lodge

Bethany Church

 

Bethany Church, located at 1847 Humboldt in Chicago, Illinois was built about 100 years ago. This church is located on a block that is sprinkled with infill and different church landmarks. The church was purchased in 2018 by Jodi and Ranquist Development, both based in Chicago. They added a building next to the existing one, to include an additional 15 apartments. The integrity of the building was not compromised, and the interiors are gorgeously designed to integrate the Anglican style throughout every unit.

Landquist and Son’s magiglide bifold closet doors were specified into this award winning adaptive reuse project in Chicago.