Economics of Strengthening & Redeveloping Provincial Heritage Buildings for Adaptive Reuse Purposes
The Adaptive Reuse approach [1,2] focuses on changing the use of an existing building to enable it to serve a new function based on the current needs of the owner and the host community, in order to preserve its desired features. Studies on seismic risk mitigation  and town centre regeneration , have identified economic, social, environmental, cultural, and regulatory factors that could strongly control the viability of achieving seismic resilience and sustainability by using the adaptive reuse approach . However, understanding the effectiveness of using the adaptive reuse approach to balance the varying objectives of seismic resilience, economic sustainability, built heritage preservation, and building demand, towards achieving a resilient and sustainable town centre living, remains a major challenge for most decision makers in New Zealand.
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