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Converting downtown office into multifamily residential: Let’s stop and think about this

BD+C

Converting downtown office into multifamily residential: Let’s stop and think about this 0 dbarista Tue, 07/11/2023 - 10:44 Multifamily Housing Is the office-to-residential conversion really what’s best for our downtowns from a cultural, urban, economic perspective? Or is this silver bullet really a poison pill?

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

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