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
| Apr 12, 2013
Nation's first 'food forest' planned in Seattle
Seattle's Beacon Food Forest project is transforming a seven-acre lot in the city’s Beacon Hill neighborhood into a self-sustaining, edible public park.
| Apr 12, 2013
Chicago rail conversion puts local twist on High Line strategy
Plans are moving forward to convert an unused, century-old Chicago rail artery to a 2.7 mile, 13 acre recreational facility and transit corridor.
| Apr 11, 2013
AIA selects recipients of its 2013 Small Project Awards
The American Institute of Architects (AIA) has selected the ten recipients of the 2013 Small Project Awards. The AIA Small Project Awards Program, now in its tenth year, was established to recognize small-project practitioners for the high quality of their work and to promote excellence in small-project design.
| Apr 11, 2013
Hal Henderson Appointed to HGA Board of Directors
HGA Architects and Engineers (HGA) has appointed Hal Henderson, AIA, to its Board of Directors for 2013. Henderson is vice president and director of the firm’s Rochester office.
| Apr 11, 2013
George W. Bush Presidential Center achieves LEED Platinum certification
The George W. Bush Presidential Center announced today it has earned Platinum certification by the U.S. Green Building Council’s Leadership in Energy and Environmental Design program. The Bush Center is the first presidential library to achieve LEED Platinum certification under New Construction.
