![]() ![]() This has led to a high vacancy rate in industrial buildings, as shown in Figure 1. With industrial restructuring in Hong Kong, most manufacturing plants were relocated to South China during the 1980s and 1990s. 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. 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. Six factors are considered Critical Success Factors (CSFs). 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. However, adaptive reuse is not an easy decision because there are many factors affecting adaptive reuse. Adaptive reuse of industrial buildings may be a way of solving this problem. At the same time, owing to limited land supply, a shortage of affordable housing has been a problem in Hong Kong for many years. 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. ![]()
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