Why This Matters: Philadelphia’s commercial real estate market is undergoing a transformation. With rising office vacancies, aging industrial properties, and shifting tenant demands, developers and investors are rethinking how to repurpose underutilized assets. Whether it’s office-to-residential conversions, industrial-to-life sciences transformations, or mixed-use redevelopments, adaptive reuse is becoming a critical strategy to unlock value in the city’s built environment. Adaptive reuse offers a way forward, but it comes with challenges. From zoning hurdles and financing complexities to construction constraints and tenant demand, navigating these projects requires strategic vision and expertise. Hear from leading developers, investors, and owners who are at the forefront of repositioning Philadelphia’s real estate assets and dive into successful conversion projects, financing strategies, regulatory challenges, and the future of adaptive reuse in the city.