Mixed use developments have now become more common than any other time in the past. This is mainly caused by the people's preferences and city developers have responded by creating unique designs that combine office, residential, and retail units in the same locations. The design makes it simple to use resources more sustainably and offers a neighborhood that people can associate with more. In this post, we will look deeper into the concept of mixed-use development to help you understand what it is and the associated benefits.
Although there are a number of definitions available for the term “mixed use development,” the most popular is the one from the Municipal Research and Services Center (MRSC) of Washington. In the context of urban planning, MRSC indicates that it is a pedestrian-friendly development that combines several, two or more, commercial, cultural, residential, institutional, and/or industrial uses. It is one of the main principles of Smart Growth strategies that seek to promote community design and development for serving the environment, community, economy, and public health.
Although the term “mixed use development” has become the buzz phrase among developers, some tend to confuse it. We must indicate that it is not just limited to multi-story buildings that come with commercial units in the lower floors and residential units in upper sections. If a building has a hotel on one end and offices on the other, it would still fall under the category of mixed use development.
As we have highlighted, mixed-use development combines several uses into one structure of the area. The two most used methods of mixed use development are:
Now that you know what mixed use development is, why would a developer recommend or it? Here are the main benefits that come with using mixed use development:
With the fast-growing population in urban areas, the need for mixed use development is expected to increase in the coming years. As a building and construction professional, do not hesitate to recommend it for clients who want to optimize returns from their investment. Remember that you will need to use the right building and construction applications, such as SketchUp, GIMP, and Google Earth.
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