Open AccessInternational Real Estate Review
Author(s) -
Robert A. Simons,
Eunjong Choi
Publication year - 2010
Publication title -
journal of the asian real estate society
Language(s) - English
Resource type - Journals
ISSN - 1029-6131
DOI - 10.53383/100120
Subject(s) - multinomial logistic regression , real estate , affect (linguistics) , adaptive reuse , macro , variable (mathematics) , demand side , business , discrete choice , macro level , ordered logit , reuse , economics , econometrics , environmental economics , computer science , finance , engineering , architectural engineering , mathematical analysis , economic system , mathematics , machine learning , programming language , waste management , linguistics , philosophy
his study addresses factors that affect the outcomes of adaptive reuse of empty religious buildings and schools in the United States. Literature-driven observable factors expected to have an impact on project outcomes include both supply side and demand side factors (building characteristics, neighborhood demographics, micro-location characteristics, macro-economic factors, etc.) are used as explanatory variables. This study uses the multinomial logit model with the outcome of adaptive reuse projects (e.g., apartments, condominiums, retail, office and cultural uses) as the dependent variable. This study has found that many supply side and demand side factors are associated with certain outcomes. It is expected that the results of this study can offer valuable basic information about associations between factors and development outcomes for adaptive reuse.