Optimal kinds | Advantages | Flow chart | Judging the suitability

Taisei revitalizes your building through conversion.

Conversion is a way to give your building a new lease on life. Taisei will form a specialized conversion team, including experienced expert staff members from its Building Renovation Technology Division, Design & Proposal Division, and Building Construction Division to revitalize your building.

	What is the optimal kind of conversion for your building? With the trend toward downtown living, the option of conversion into housing is receiving a great deal of attention. Taisei will propose the optimal mode of utilization, based on a detailed study of the building's potential and the characteristics of the area where it is located.

	The advantages of conversion Conversion provides many advantages for overcoming the challenges of the changing times. That's why out of all the various solutions, conversion tends to receive the most attention. ･ Usage is shifted from a market where there is excess supply to a market where there is a great deal of demand, providing more reliable income. ･ The building is revitalized with new functions in less time and at a lower cost than demolition and rebuilding. ･ The building's asset value is enhanced, increasing its worth. ･ The building's functions are upgraded (earthquake resistance, security, etc.) at the same time that its usage is converted, even as building use continues. ･ Hard-to-rent portions of a building are converted to a different usage, increasing rental income. ･ Grants and subsidies may be available.

	Conversion flow chart

	Judging the suitability of conversion Accurate diagnosis and evaluation is key for a successful conversion.Any conversion has to overcome many hurdles. Thorough data analysis is essential for reliably clearing those hurdles and leading the project through to success. Taisei uses highly accurate analytical techniques to determine with certainty whether or not a project will succeed. "The competitive targets differ according to a building's location." Evaluation of office supply potential based on analysis of vacancy rates, building size, building age, etc. General evaluation of conversion market potential in the three central wards of Tokyo (sample) Evaluation of housing demand potential based on analysis of the nighttime population growth rate Evaluation of business potential based on analysis of the housing/office rent gap We evaluate the rent gap due to location, the market's balance of supply and demand, and marketability after usage conversion. "The level of difficulty for conversion varies with the site conditions such as the building's size and age." Evaluation of conversion building plan (sample) We rapidly determine whether it is possible to formulate a building conversion plan that conforms to current laws and regulations. We also propose the most efficient design plan for business revenues and expenditures. "The success of conversion depends on the balance between profit and the cost of renovation." Comparison and evaluation of usage modes (sample) We prepare a plan for business revenues and expenditures, based on the difference in revenues and expenditures before and after the conversion project, and draw up a comprehensive, long-term business evaluation that includes the costs of repair and replacement and other life cycle costs (L.C.C).