2012 - A "do-over" in housing? - 12/21/11 02:19 PM
Buyers around the world are replacing older, functionally obsolete housing (and commercial) stock with new structures.  Whether on the lower end i.e. inner-city Cleveland where 1,000 homes were torndown in 2011 and over 20,000 are on the demo deck for 2012, or the high-end i.e. million dollar teardowns in Naples, FL, Greenwich CT, Hinsdale, IL etc.
Be-it Canada, the UK, Australia or even in the “new” China the replacement of certain housing types with new construction continues in good markets and bad.  In professional circles this phenomenon is
Dictionary.com defines”infill”:
The planned conversion of empty lots, underused or rundown buildings … (0 comments)

Teardowns in England! - 12/07/11 11:21 AM
Today, we saw an article in Echo, an Essex publication from the U.K.  It appears that a certain community is undergoing some significant redevelopment.
Like here in the U.S., tearing down and replacing older obsolete housing stock is most often designed to rejuvenate a community - the purpose of this redevelopment project in the U.K. is of similar mission - "the demolition of these maisonettes is a key moment in the regeneration of the Craylands Estate".
What we learned from this is something we continue to experience, year in and year out - good market or bad.  When given the choice, … (0 comments)

 
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Brian Hickey

Hinsdale, IL

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