Future re-use of listed buildings: how are they financially enhanced through redevelopment?

The following document looks at the future re-use of listed buildings and how they have been given a new lease of life through redevelopment. The report takes an indepth look into the many different obstacles surrounding the alterations of listed buildings and the ways in which these have been overcome. There are an estimated 370,000 listed buildings in the UK alone, which provides an opportunity for developers when considering the lack of developable land now available. There are several key case studies which have shown both highly successful conversions of listed buildings along with more controversial examples. The report is a mix of both primary and secondary research, looking at a range of sources varying from Government Papers to specialist handbooks. To help gain a wider picture of this specific area of the property industry, a range of experts specialising in listed buildings and heritage property have been interviewed. After analysing the opinions of property experts and authors, several conclusions were reached. Encouragingly, many developers are purchasing large areas of developable land, accepting and respecting the limitations surrounding listed buildings as an acceptable compromise, rather than as an obstacle. In many cases the listed buildings have become the focal point for the development due to their character and history.