Converting commercial real estate into full-fledged housing according to the documents is not an easy task. It is necessary to change the status of the building, coordinate projects and rebuild utilities. This is long, expensive and not always possible.
That is why most often the premises in such buildings are designed as apartments. From the outside, everything looks like in a regular residential complex: a beautiful lobby, reception, elevators. But according to the documents, this is not housing, but a commercial fund. For tenants, this means more freedom in planning, but there are also nuances.
Sometimes developers immediately design houses with apartments – for example, if the site is not suitable for full-fledged housing due to insufficient insolation or lack of social infrastructure. But there are other scenarios:
The building is initially built as a multifunctional complex, where offices, apartments and retail space are adjacent.
A former plant or factory is first converted into offices, and then residential lofts are added there.
An entire office building is being converted into an apartment complex, especially if demand for office rentals in the area has fallen.