Mixed-use development has been one of the few bright spots in real estate in the last few years. Successful mixed-use projects are almost always located in dense urban or suburban areas, usually close to public transportation. It’s a sign of the times that the residential component tends to be rental rather than for-sale.
Due to the large scale of many mixed-use projects, Building Teams must be effective in communicating and collaborating both internally and with local government entities. For example, L.A. LIVE, the massive entertainment and lifestyle complex that has sprung up around that city’s Staples Center, can attribute much of its phenomenal success to the developer’s close collaboration with the Building Team and its partnership with the city of Los Angeles.
It’s also critical to accurately anticipate the needs of potential tenants. At the Broadway Building in Seattle, downsized office spaces cater to small-business owners who are looking to escape from the congested downtown core. In Chicago, the live/work units and street-level retail of 2000 N. Milwaukee go far to meet the needs of up-and-comers in a rapidly emerging neighborhood.
New buildings in a mixed-use project naturally must take their design cues from the vocabulary and style of the surrounding architecture. They may be hip and glossy, like L.A. LIVE, 2000 N. Milwaukee, and the Meridian at Grosvenor Station in Rockville, Md. Or they may pay their respects to the more toned-down older buildings in the neighborhood, as in the case of the Broadway Building, with its Prairie School influence. There is also a movement afoot to give architecturally significant buildings a new mixed-use identity, as is the case with The Link in Phoenix.
The takeaway: If you’re looking to develop multifamily residential, mixed-use may be the only viable way to go. “I don’t see anything getting built that isn’t mixed-use right now,” says Paul Alessandro, a partner with Hartshorne Plunkard Architecture, Chicago. If that’s the case in your market, take a look at these recent projects for inspiration.
Six Emerging Trends in Mixed-Use Development
Related Stories
| Jul 15, 2014
AECOM to buy URS Corporation in $6 billion deal
Together, the firms will form a massive global giant with more than $19 billion in revenue and 95,000 employees in 150 countries.
| Jul 14, 2014
Meet the bamboo-tent hotel that can grow
Beijing-based design cooperative Penda designed a bamboo hotel that can easily expand vertically or horizontally.
| Jul 14, 2014
Foster + Partners unveils triple-glazed tower for RMK headquarters
The London-based firm unveiled plans for the Russian Copper Company's headquarters in Yekaterinburg.
| Jul 14, 2014
Toyota selects developer for its new North American headquarters in Plano, Texas
Toyota announced that it has selected Dallas-based KDC Real Estate Development & Investments to develop its new North American headquarters campus in the Legacy West development in Plano, Texas.
| Jul 13, 2014
Punishing deadline can’t derail this prison health facility [2014 Building Team Awards]
A massive scope, tough schedule, and technical complexity fail to daunt the Building Team for a huge California correctional project.
| Jul 11, 2014
First look: Jeanne Gang reinterprets San Francisco Bay windows in new skyscraper scheme
Chicago architect Jeanne Gang has designed a 40-story residential building in San Francisco that is inspired by the city's omnipresent bay windows.
| Jul 11, 2014
$44.5 million Centennial Hall opens at University of Wisconsin-Eau Claire
Centennial Hall houses the College of Education and Human Sciences and consolidates teacher education. It is the first new academic building on the UW-Eau Claire campus in more than 30 years.
| Jul 11, 2014
Are these LEGO-like blocks the future of construction?
Kite Bricks proposes a more efficient way of building with its newly developed Smart Bricks system.
| Jul 10, 2014
BioSkin 'vertical sprinkler' named top technical innovation in high-rise design
BioSkin, a system of water-filled ceramic pipes that cools the exterior surface of buildings and their surrounding micro-climates, has won the 2014 Tall Building Innovation Award from the Council on Tall Buildings and Urban Habitat.
| Jul 10, 2014
Unique design of Toronto's townhome The Tree House
Plans for a new Toronto townhome brings cutting-edge design.