4 Challenges When Repurposing Office Campuses

Law360, Minneapolis (August 25, 2016, 1:47 PM EDT) -- As millennials continue their migration from the suburbs to city centers, companies are increasingly moving jobs away from large office campuses, and lawyers say developers face a host of issues when they try to convert those vacant office properties to other uses.

Municipalities are often reluctant to approve nonoffice zoning for such properties, attorneys say, and convincing local lawmakers and residents to support such repositioning is one of the various obstacles to getting such deals done.

Here, Law360 looks at four challenges developers face as they increasingly look to reposition their office campuses.

Zoning

One of the major hurdles to building...

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