Lincoln Property’s decision to reposition the 110,000-square-foot office building in downtown Orlando it acquired in 2014 as a mixed-use structure with 143 residential units, a ground level occupied by Wahlburgers, a second floor dedicated to offices, and the balance designed for residential with a focus on micro-units, is what is known as creative renewal. The office building, bordering neighboring 30-story SunTrust Center, reflected what was needed when it was last renovated in 1988. However, COVID-19 has challenged and limited the future of office space. Lincoln’s decision has pivoted towards what may well be the post-COVID new normal: less offices and more work from home environments.
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