Property Trend

Old Plants Get New Power

Power Plants Kraftwerk Berlin
Light installations at Kraftwerk Berlin.
  • Why it matters

    Why it matters

    Renovating old power plants can bring investment and culture to dying neighborhoods.

  • Facts

    Facts

    • The transformation of a former Dresden power plant into a new opera house will cost a reported €90 million, or $101 million.
    • London’s Tate Modern gallery in the former Bankside Power Station is one of the most impressive examples of this kind of repurposing.
    • Developers usually aim to preserve many of the historic elements when converting the plants.
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    Audio

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