Conference Proceedings
An investigation of private-owner-led heritage property adaptive reuse
Hao Wu, Huiying Cynthia Hou
Proceedings of the 26th Pacific Rim Real Estate Society Annual Conference | Pacific Rim Real Estate Society (PRRES) | Published : 2021
Abstract
This paper provides a new approach to examine privately-owned heritage property for their adaptive reuse. Two cases from Tasmania and Hong Kong were investigated. Private owners’ roles in adaptive reuse of property while effectively conserving heritage values is evaluated for their incentives and costs in the course of adaptive reuse innovation. Details from the two cases from different jurisdictions reveal: first, private ownership may allow higher degree of innovation in heritage building adaptive reuse. Second, the private property owner is entitled to stronger control of the heritage property’s use. However, privately owned heritage property does not guarantee free will in transforming h..
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