Mixed-Use Buildings Offer Growth

Although mixed-use isn’t a new concept, it has become more widespread expanding in urban and suburban areas across the nation. Most large downtown areas consist of buildings with residential units or office space on upper floors and retail space on the ground floor.

The best mixed-use properties incorporate civic, cultural, or educational components. Projects that incorporate “live”, “work”, “play”, and “learn” are most desired by developers and owners. One large attraction is used to draw in people from the community and while using this facility they also use the other areas. In some cities a college is the large community attraction, in other cities a library or a museum.  These “educational”, “civic”, and “cultural” spaces are desired and needed for the community while the retail shops attract visitors as well as those in the community, providing people of all walks of life a place to “live”.