Industrial Space Apartment Conversion

dditionally, converting office space to co-living reduces construction costs by 25% to 35%, on a per-square-foot basis, compared with the cost of a conventional office-to-residential apartment conversion. The savings stem primarily from leaving the office plumbing in the center of each floor, rather than expanding it into each separate apartment.

Building on last years growth, office to apartment conversions are set to hit a new record with 71K units in the pipeline in 2025.

As we can see from the illustration, Industrial Space Apartment Conversion has many fascinating aspects to explore.

Explore the industrial space conversion pros and cons to make informed decisions about transforming your property.

The nations office-to-apartment conversion pipeline continues to grow. | A new report from RentCafe finds 90,300 units in progress at the start of 2026, with New York City, Washington, D.C., and Chicago leading the wave of adaptive-reuse projects.