Dwell published a story about a community theater in York, Alabama. The theater seating was made from the remnants of an abandoned house. Designed by Matthew Mazzotta from an abandoned home, the work reads as an idealized single family home when not in use. When activated for community use, however, it unfolds to reveal seats for as many as 100 to participate in community events or discussions.
One of the keys to transforming commodity real estate is making useful amenities available. It's more than just a pool or a basektball court; the goal is to involve residents in the community and create tenure. By making the property attractive and useful, turnover can be reduced, loyalty increased, and rent increases more palatable.
Far more information about the history of the project and its use can be found in a story from the Coleman Center.