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With support from city, London, Ontario, emerges as office-to-residential conversion hot spot

City offering $35,000 per unit to developers who undertake conversions
The building at 376 Richmond St., formerly an office property, was converted into a 23-unit rental building. (CoStar)
The building at 376 Richmond St., formerly an office property, was converted into a 23-unit rental building. (CoStar)

A roadmap to spur office-to-residential conversions in the southwestern Ontario city of London is showing results as it's served as a catalyst for an increase in the number of office conversion projects.

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