Commercial properties are generally developed with only the requirements of the first user in mind. Once the first user moves out, the premises are not suitable for the next user, causing vacancy and deterioration. This way, under-used plots and unsuitable properties actually block new economic activity.
Unmarketable commercial properties lead to a lack of space for business
Rotterdam has a shortage of industrial sites. Existing sites are not equiped to optimal use because companies generally focus on their short-term needs for space when building or renovating their commercial property. In the long term, this leads to a lot of unmarketable commercial properties - properties that will become less popular in the long term. This leads to reduced value to the company. As a result, the sector continues to look for new construction rather than reusing existing commercial properties. Under-using commercial properties that have become available leads to deteriorating industrial sites in Rotterdam. The challenge: how to ensure optimal use of the scarce space for business in Rotterdam?
Profile book of future-proof commercial property
Together with the Chamber of Commerce, the City's Economy department and the sector boards, Royal HaskoningDHV developed a profile book, indicating the sector bandwidths for critical aspects of readily marketable commercial space. These profiles present frameworks to the businesses, enabling them to build or renovate commercial properties in a future-oriented way. The profile book also offers a review framework for investing in sustainability of their commercial properties.
Industrial sites City's assets; commercial property company assets
Companies develop and renovate their commercial property in a well-considered, future-oriented way to become valuable assets. This enables sustainable use of industrial sites in Rotterdam, becoming valuable sector assets. This prevents deterioration and devaluation of industrial sites.