In many historic downtowns, the upper floors of commercial buildings often remain unused or underutilized. However, transforming these spaces into modern housing units is a vital step toward revitalizing urban centers and driving economic growth. For communities like Freeport, upper-floor redevelopment not only preserves historic architecture but also brings much-needed housing into the heart of the city.
Creating residential spaces in downtown areas offers several advantages. For one, it boosts foot traffic for local businesses. When people live downtown, they’re more likely to frequent nearby restaurants, shops, and services, creating a thriving local economy. Additionally, mixed-use buildings contribute to the overall vibrancy of the downtown environment, fostering a sense of community and safety. By having more people living in the area, downtowns become lively spaces well beyond business hours, contributing to a more dynamic city core.
Redevelopment projects can also attract new residents, including young professionals and retirees looking for walkable neighborhoods. With many cities facing housing shortages, repurposing existing structures provides a cost-effective and sustainable solution to the growing demand for urban living spaces.
Recognizing the potential impact of upper-floor redevelopment, the Greater Freeport Partnership and Illinois Main Street are hosting the Upstairs Downtown Workshop, on Tuesday, October 1. This event is a must-attend for building owners, developers, and anyone interested in the future of Freeport’s downtown. The workshop will offer valuable insights into financing options, architectural considerations, and the overall process of converting unused spaces into housing units. Attendees will also have the opportunity to network with experts and like-minded professionals who share a vision for urban revitalization.
Join us in shaping Freeport’s future. By attending the Upstairs Downtown Workshop, you’ll gain the knowledge and resources needed to transform unused upper floors into vibrant living spaces, making downtown Freeport a more attractive and economically sustainable community.
Don’t miss this opportunity—follow this link to register today!
Andrea Schultz Winter is the Executive Director for the Greater Freeport Partnership. She can be reached at awinter@greaterfreeport.com or 815-233-1354.
