London's city council endorses $10m office-to-residential conversion incentive program to address downtown's vacancy and housing shortage.
London's city council has endorsed a proposed office-to-residential conversion incentive program for downtown London, setting aside $10 million for the conversion grant. The program aims to boost housing and reduce downtown's record office vacancy. The initiative has received unanimous support from politicians, who view it as a learning experience to gauge interest and uptake.
February 26, 2024
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