Adaptive building reuse constitutes a major factor for the city resource exploitation, to wit the local sustainable urban development. Economic potential and sustainability in the wake of an adaptive reuse project, given the several variables involved, is an important subject of study. In particular, the adaptive reuse of industrial buildings of cultural heritage is considered to be of intangible value, impossible to monetize. However, it is a given for the wider scientific community that such projects add value to a city. This study attempts to explore all the value-adding parameters of such projects, focusing on the transformation of the old FIX factory into the National Museum of Contemporary Art - EMST in Athens, Greece, namely, the resulting city development, the social and economic effects, as well as the environmental footprint. The objective, based upon a qualitative analysis, is to develop an assessment model, which will eventually serve as a tool for future decision-making in sustainable city development.
Ioannis Vardopoulos and Eleni Theodoropoulou
Stream: Sustainability: Ecology, Energy and the Environment
This paper is part of the HCNY2018 Conference Proceedings (View)
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