When factories are no longer factories, these sturdy structures of antique brick and beam can be converted for many new uses. With regularity they are turned into hotels, office space, shopping centers, restaurants, clubs, cultural and performance centers and many additional innovative uses.
One of the most common reuses for old factory buildings is private residences, either single family or as multiple-family loft complexes. Many benefits make this use so appealing: Factories have space and light galore, they feature the rustic charm of exposed brick and wood or steel beam while still adapting well to modern decor.
You can see even more of the homes at CNBC.com:
As generations of creative people can attest, revamped industrial spaces also work great as combined work and studio space. And finally, the sheer amount of raw space, when purchased in need of overhaul, can be a bargain for the enterprising purchaser.
The following sites where products like candy, garments, or mayonnaise were made are now places where lives are lived. While this trend has long been associated with New York, these stunning examples are from around the globe.
Location: New York
Price: $3 million for a loft
This triplex penthouse is in a 1928 garment factory. Its present three-bedroom, four-bath incarnation was conceived by architect Steve Blatz. The master bedroom features a wood-burning fireplace and a wrap-around planting terrace; a second bedroom also has a terrace. The chef’s kitchen features Miele and Thermadore appliances and two Gaggenau ovens.