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Adaptive Reuse: A Growing Trend in High-Density Markets
Bill Wilhelm | February 6, 2018
By Bill Wilhelm Adaptive reuse refers to the redevelopment or use of an old site or building for a purpose other than what it was originally built or designed for. The demand for adaptive reuse projects has increased significantly in the last few years, becoming more prevalent for hotel construction projects in high-density, urban areas. A majority of our company's projects are now adaptive re-use or large-scale renovations – a significant shift from just a few years ago when ground-up construction was more widespread. In addition to solving for a lack of land supply for new construction, adaptive reuse offers a wide range of bene...
R.D. Olson Construction Launches $45 Million Luxury Hotel Project at The Bicycle Casino
R.D. Olson Construction | October 24, 2013
Irvine, Calif. – October 25, 2013 – R.D. Olson Construction is commencing construction on its latest luxury hotel project, The Bicycle Casino Hotel in Bell Gardens, Calif. Through this $45 million project, R.D. Olson Construction will create approximately 300 construction-related jobs in a community that is currently experiencing 16.3 percent unemployment. R.D. Olson Construction and The Bicycle Casino celebrated this significant contribution to the area's economic turnaround with elected officials Governor Edmund G. (Jerry) Brown, Jr. and State Senator Ricardo Lara at yesterday's ceremonial unveiling. The Bicycle Casino is currentl...
