We were inspired by a recent story about former churches in England being remodeled as homes. This strategy is known as adaptive reuse because it takes a structure that was built to be one thing, like a church or a school, and “adapts” it, or reuses the space as a something else like a home, an office, or a restaurant.
This is becoming a more popular strategy than new construction, especially in aging cities where vacant land is hard to come by. Additionally, it can save money to remodel an existing structure and it is certainly a greener strategy when it comes to material conservation.
Not only that, but there are Historic Preservation Tax Credit incentives available if the structure is deemed historically significant and is planned to be used for a commercial purpose. This can save 20% of the construction costs on a project in direct tax credits on your federal taxes, not to mention other state or local incentives that may be available.
There are many interesting examples of adaptive reuse in Seattle. The Sanctuary in Capitol Hill was recently transformed from the First Church of Christ Scientist, a traditional Beaux Arts building built in 1909 to luxury condominiums in 2012. This offers the best of both worlds, as the landmark historic building continues to provide that lasting legacy in the neighborhood and the condominiums are unique and one of a kind.
In Ballard, you may have come across the old Fire Station No. 18, a looming 1911 brick structure at the corner of Russell Way is now home to the Hi-Life restaurant. The large open space lends itself to a restaurant atmosphere, and the exposed brick and lofty ceilings give it a nice character.
Wallingford Center in the busy intersection of Wallingford Avenue and 45th Street was once the Interlake Elementary School, built in 1904, is now a multi-purpose center with retail, dining, studio apartments, and a daycare center; it was converted in 1983.
As you look around the city where you live, consider the possibilities of all the structures to serve different purposes than may be obvious. Sometimes that can offer even more creative and innovative solutions and positively impact your bottom line. Are you interested in living in an adaptively reused building? Contact Team Troy today at 206-504-3660 for help in finding your perfect space.
Author:Troy Anderson Phone: 206-940-2834 Dated: December 9th 2013 Views: 4,975 About Troy: ~Married with 2 children
~Turned grey prematurely
~Fetish for all things Apple
~Urban chicken far...
TEAM TROY, we are a bunch of fanatics that happen to be really good in the Seattle real estate business. Sure we could exploit systems, alter perceptions, and make more money for the sake of having more, but that’s boring – everyone does that. We’ve come to realize that work should be about increasing our standard of giving, not our standard of living. What keeps us going is our daily fear of dropping dead while doing something useless. We continually aim to be better agents, better neighbors, better partners, better parents, and better people with the singular goal of making folks like you better off than you were before you met us.
Discover our 9 point difference:
“Here at TeamTroy we have found that when we make our only goal, that of making others around us better off than they were before they met us, then everything else just falls in line. This simple mindset protects us from the status quo in real estate, and keeps us obsessed with results.”
Reach out to us today, and find out what you have been missing!
//WISE. Good judgement. Make important choices despite ambiguity. Always strategize.
//OPEN. No walls. Ensure everyone we meet has the same idea of who we are.
//IMPACT. Life is never about us. We strive to make a difference in at least one person’s life daily.
//CURIOUS. Hate the status quo. Learn something from everyone.
//CREATIVE. Challenge the traditional. Incessantly innovate around obstacles and design simplicity.
//BRAVE. Today is not just another day. Never be afraid to try what no one else will do.
//TENACIOUS. Never quit. As others drop back, we run faster.
//CANDID. Honest and blunt. Never alter perceptions but adjust the context.
//SELFLESS. Be salt. Make everything else taste better.
Frequently, when talking about any new real estate market, you go in b
"When my husband and I began our home buying search, we both had decided we did NOT want a real estate agent until the last minute. We have never had a good experience with them and certainly didn't trust them. In fact, just prior to finding Team Troy, I had just fired one that came as part of a service. I was going to get a rebate to use their agent. They couldn't have paid me enough after the interaction with both her and her staff. Once again, she had her own agenda and wasn't listening. Our experience with Justin of Team Troy was completely the opposite. When I first spoke with him, he was advised from the start that we were not interested in having an agent, but just wanted someone to show us a house that his company had listed. After speaking with him for about 15 minutes, we changed our mind. Despite knowing that we weren't interested in an agent, he was obviously excited about what he did for a career. He educated us with no expectation of a return on his time. He was available and supportive through the entire process and I will be doing business with him and Team Troy again soon."