Adaptive Re-Use and Historic Preservation

Adaptive re-use/historic preservation is an increasingly important component of Forest City ’s business.

The Residential Group specializes in transforming functionally obsolete urban landmarks into vibrant communities. Our current adaptive re-use/historic preservation portfolio consists of 2,172 units at 10 properties. Forest City is also active in converting train stations, mills, warehouses and other historic buildings into upscale, mixed-use complexes.

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Forest City possesses the skill sets that are critical for a developer to be successful in preserving, protecting and enhancing our nation's historic landmarks:

• Residential leadership team averaging 25 years of experience
• Commitment to the urban environment
• Experience with complex entitlement processes
• Understanding of federal and state historic issues
• Success with tax-advantaged financing and historic tax credits
• A long-term vision, with long-term ownership objectives