The adaptive reuse is helpful in generating numerous tangible and intangible advantages. The advantages are not only limited to the developers of the historic establishment but also accrue to benefit the community and local government (Bullen and Love 2011, 411-421). The developers are benefitted as there are no additional costs of demolition and have the rigor to make better the existing buildings. The adaptability of the building is considered as an important element of the community as it benefits in making the unproductive property into a productive one. In addition, there are some of the social and economic advantages to the adaptability of the buildings. For instance, if the building that has to be adapted is in the good structural condition, then there are economic advantages and the low cost of investment, low land acquisition cost and less time are consumed in construction. On the other hand, the social advantages of adaptive reuse comprise of providing an association with the past and creating a link with the present. In addition, with the positive intent of adding value to the society, the adaptability of the buildings aids in revitalizing the society and neighbourhood (Conejos 2013).
The following section of the report contains the reasons which assure that why the buildings should be adapted.
It gives the people a sense of place and creates a focal point for the people.
It gives the people residing in the area the feeling of belongingness
Its structure and design impart the building a new and distinctive identity which lifts the overall quality of the environment.
It assists in accomplishing the sustainability objectives of the country.
It allures people who may not come for perceiving the distinctive quality of the buildings and only concentrate on knowing about the past.
Therefore, these points contribute in understanding the adaptability of the buildings are their because of their significance to the economies. This occurs because the historical buildings are regarded as the conservation projects which contributes in sustaining the cultural value of the country (Cantell 2005).