“…Aside from acknowledging the benefits of adaptive reuse, there is also a wealth of literature focusing on its negative impact and pinpointing urban problems such as noise, pollution, and urban gentrification due to heritage designation (Cervelló‐Royo, Garrido‐Yserte, & Segura‐García del Río, 2012; Donaldson et al, 2013; Moro, Mayor, Lyons, & Tol, 2013; Wang & Aoki, 2019). Over‐commercialization in heritage sites, accompanied by a rapid surge in the number of visitors, can bring about negative externalities such as degradation of historic authenticity (Bianchi & Boniface, 2002).…”