Critical Success Factors (CSFs) for the Adaptive Reuse of Industrial Buildings in Hong Kong

Yongtao Tan, Chenyang Shuai and Tian Wang
Additional contact information
Yongtao Tan: Department of Building & Real Estate, The Hong Kong Polytechnic University, Hong Kong 999077, China
Chenyang Shuai: Department of Building & Real Estate, The Hong Kong Polytechnic University, Hong Kong 999077, China
Tian Wang: Department of Building & Real Estate, The Hong Kong Polytechnic University, Hong Kong 999077, China

IJERPH, 2018, vol. 15, issue 7, 1-19

Abstract: With the economic restructuring during the 1980s and 1990s in Hong Kong, most manufacturing plants were relocated to China and many industrial buildings were left neglected or vacant. At the same time, owing to limited land supply, a shortage of affordable housing has been a problem in Hong Kong for many years. Adaptive reuse of industrial buildings may be a way of solving this problem. However, adaptive reuse is not an easy decision because there are many factors affecting adaptive reuse. Therefore, this paper examines the current situation of adaptive reuse of industrial buildings in Hong Kong and identifies a list of factors affecting the adaptive reuse of industrial buildings. Six factors are considered Critical Success Factors (CSFs). Based on a Principal Component Analysis, 33 factors are grouped into eight principal components, namely, sustainability, economics and finance, the market, changeability, location and neighborhood, culture and public interests, legal and regulatory matters, and the physical condition of the building. The identified CSFs and principal factors provide a useful reference for various stakeholders to have a clear understanding of the adaptive reuse of industrial buildings in Hong Kong, especially for the government to review current policies of adaptive reuse.

Keywords: adaptive reuse; industrial buildings; critical success factor; principal component analysis; Hong Kong (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.mdpi.com/1660-4601/15/7/1546/pdf (application/pdf)
https://www.mdpi.com/1660-4601/15/7/1546/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jijerp:v:15:y:2018:i:7:p:1546-:d:159290

Access Statistics for this article

IJERPH is currently edited by Ms. Jenna Liu

More articles in IJERPH from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().