Philly Tax Abatement Remains A Powerful Incentive For Adaptive Reuse Developers

June 4, 2025 / no comments

Adaptive reuse brings new vitality to vacant or underutilized buildings, but sometimes it’s hard for community members to see local landmarks change.
That’s why Scout is kicking off its redevelopment of two former University of the Arts buildings with a “wake” acknowledging the defunct school’s legacy, Managing Partner Lindsey Scannapieco said during Bisnow’s Repositioning Philadelphia: Adaptive Reuse and Conversions Summit Tuesday.