R+D Concept | Upcycle Tower

The office vacancy rate in the United States reached a record high of 19.6% in the fourth quarter of 2023, according to Moody’s Analytics. On a positive note, Class A office spaces, with premium locations and amenities, remain in demand. However, older office buildings struggle to fill vacancies, often hindered by the need for significant structural and mechanical upgrades. KTGY, in collaboration with structural engineer, John A. Martin & Associates, and construction firm, Swinerton, examined the challenges found in an office building type commonly vacant in urban centers across the United States - steel framed towers of about 30 to 40 stories. KTGY’s Research and Development concept, Upcycle Tower, proposes an adaptive reuse solution for underutilized office high-rise buildings. The concept aims to modernize and add value by transforming portions of the building into residential spaces. The team’s approach addresses four key challenges of converting office buildings to residential: structural retrofitting, adapting large floor plates, maintaining usable portions of the building during a phased renovation process, and identifying potential costs to mitigate unknown risks. As cities throughout the United States grapple with the changing needs of their communities, KTGY’s Upcycle Tower concept shows how underutilized buildings can be given new life and be ready for a vibrant future.

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But is there already one in that color or is this a dark color?