The revitalization of endangered heritage buildings: A decision-making framework for investment and determining the highest and best use in Egypt [version 2; peer review: 2 approved]
Background Egypt’s major cities have been losing heritage and historical buildings due to neglect and misuse, prompting non-governmental organizations, academic institutions, and researchers to advocate for adaptive reuse strategies to preserve the cities’ heritage and identity. Adaptive reuse invol...
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| Format: | Article |
| Language: | English |
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F1000 Research Ltd
2023-12-01
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| Series: | F1000Research |
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| Online Access: | https://f1000research.com/articles/12-874/v2 |
| _version_ | 1797289801214328832 |
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| author | Sally Eldeeb Mohanned Selim Adham Abulnour |
| author_facet | Sally Eldeeb Mohanned Selim Adham Abulnour |
| author_sort | Sally Eldeeb |
| collection | DOAJ |
| description | Background Egypt’s major cities have been losing heritage and historical buildings due to neglect and misuse, prompting non-governmental organizations, academic institutions, and researchers to advocate for adaptive reuse strategies to preserve the cities’ heritage and identity. Adaptive reuse involves changing, modifying, or reusing a space based on community needs, business model, location, and proximity to facilities and services. Heritage buildings offer many tangible and intangible benefits that enhance financial returns, making them challenging but feasible and attractive for investors who value authenticity, uniqueness, and sustainability. Methods This study examines how market value, acquisition opportunities, target clients, age groups, and socioeconomic status affect decision-making. A comparative analysis of three buildings in the Egyptian cities of Alexandria and Cairo is utilized to establish development guidelines and decision-making parameters that significantly impact project design and building functions to determine the highest and best use. In order to complete this study, AutoCAD by Autodesk was used for 2D drawings, SketchUp by Trimble for 3D models, Adobe Photoshop for diagram presentation, and Microsoft Office for tables and diagrams. Results The comparative analysis provided valuable insights into the adaptive reuse of heritage buildings in developing countries. Findings highlighted how cultural heritage preservation could foster socioeconomic development. Key success factors included stakeholder and community engagement, financial viability, and architectural compatibility. The decision-making framework provides a practical tool for evaluating heritage building reuse. Conclusions The analysis illustrates successful reuse strategies and considerations. Decision-making frameworks and tools offer practical guidance for future investments and decisions. These findings affect heritage conservation and urban development policymakers, planners, and investors. Stakeholders can make informed decisions and implement strategies to preserve cultural and environmental value by realizing challenges and opportunities. This study hopes to inspire more research and help preserve and revitalize heritage buildings in developing countries, preserving their cultural and socioeconomic value. |
| first_indexed | 2024-03-07T19:11:15Z |
| format | Article |
| id | doaj.art-567ed2e8288a4b8e87afbfcdcb8cbb94 |
| institution | Directory Open Access Journal |
| issn | 2046-1402 |
| language | English |
| last_indexed | 2024-03-07T19:11:15Z |
| publishDate | 2023-12-01 |
| publisher | F1000 Research Ltd |
| record_format | Article |
| series | F1000Research |
| spelling | doaj.art-567ed2e8288a4b8e87afbfcdcb8cbb942024-03-01T01:00:03ZengF1000 Research LtdF1000Research2046-14022023-12-0112158799The revitalization of endangered heritage buildings: A decision-making framework for investment and determining the highest and best use in Egypt [version 2; peer review: 2 approved]Sally Eldeeb0https://orcid.org/0000-0002-5065-9570Mohanned Selim1https://orcid.org/0000-0003-4371-1665Adham Abulnour2Architectural Engineering & Environmental Design, Arab Academy for Science Technology and Maritime Transport, Alexandria, Alexandria Governorate, 21913, EgyptArchitectural Engineering & Environmental Design, Arab Academy for Science Technology and Maritime Transport, Alexandria, Alexandria Governorate, 21913, EgyptArchitectural Engineering & Environmental Design, Arab Academy for Science Technology and Maritime Transport, Alexandria, Alexandria Governorate, 21913, EgyptBackground Egypt’s major cities have been losing heritage and historical buildings due to neglect and misuse, prompting non-governmental organizations, academic institutions, and researchers to advocate for adaptive reuse strategies to preserve the cities’ heritage and identity. Adaptive reuse involves changing, modifying, or reusing a space based on community needs, business model, location, and proximity to facilities and services. Heritage buildings offer many tangible and intangible benefits that enhance financial returns, making them challenging but feasible and attractive for investors who value authenticity, uniqueness, and sustainability. Methods This study examines how market value, acquisition opportunities, target clients, age groups, and socioeconomic status affect decision-making. A comparative analysis of three buildings in the Egyptian cities of Alexandria and Cairo is utilized to establish development guidelines and decision-making parameters that significantly impact project design and building functions to determine the highest and best use. In order to complete this study, AutoCAD by Autodesk was used for 2D drawings, SketchUp by Trimble for 3D models, Adobe Photoshop for diagram presentation, and Microsoft Office for tables and diagrams. Results The comparative analysis provided valuable insights into the adaptive reuse of heritage buildings in developing countries. Findings highlighted how cultural heritage preservation could foster socioeconomic development. Key success factors included stakeholder and community engagement, financial viability, and architectural compatibility. The decision-making framework provides a practical tool for evaluating heritage building reuse. Conclusions The analysis illustrates successful reuse strategies and considerations. Decision-making frameworks and tools offer practical guidance for future investments and decisions. These findings affect heritage conservation and urban development policymakers, planners, and investors. Stakeholders can make informed decisions and implement strategies to preserve cultural and environmental value by realizing challenges and opportunities. This study hopes to inspire more research and help preserve and revitalize heritage buildings in developing countries, preserving their cultural and socioeconomic value.https://f1000research.com/articles/12-874/v2Adaptive Reuse Heritage Buildings Mixed-Use Real-estate Development Decision-making parameters Stakeholderseng |
| spellingShingle | Sally Eldeeb Mohanned Selim Adham Abulnour The revitalization of endangered heritage buildings: A decision-making framework for investment and determining the highest and best use in Egypt [version 2; peer review: 2 approved] F1000Research Adaptive Reuse Heritage Buildings Mixed-Use Real-estate Development Decision-making parameters Stakeholders eng |
| title | The revitalization of endangered heritage buildings: A decision-making framework for investment and determining the highest and best use in Egypt [version 2; peer review: 2 approved] |
| title_full | The revitalization of endangered heritage buildings: A decision-making framework for investment and determining the highest and best use in Egypt [version 2; peer review: 2 approved] |
| title_fullStr | The revitalization of endangered heritage buildings: A decision-making framework for investment and determining the highest and best use in Egypt [version 2; peer review: 2 approved] |
| title_full_unstemmed | The revitalization of endangered heritage buildings: A decision-making framework for investment and determining the highest and best use in Egypt [version 2; peer review: 2 approved] |
| title_short | The revitalization of endangered heritage buildings: A decision-making framework for investment and determining the highest and best use in Egypt [version 2; peer review: 2 approved] |
| title_sort | revitalization of endangered heritage buildings a decision making framework for investment and determining the highest and best use in egypt version 2 peer review 2 approved |
| topic | Adaptive Reuse Heritage Buildings Mixed-Use Real-estate Development Decision-making parameters Stakeholders eng |
| url | https://f1000research.com/articles/12-874/v2 |
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