A Brief History of Mixed-Use Developments 2-15-2013 - 201302201456235825
A Brief History of Mixed-Use Developments 2-15-2013 - 201302201456235825
A Brief History of Mixed-Use Developments 2-15-2013 - 201302201456235825
Mixed-Use Developments
Stephen J. Ferrandi, Principal
Director of Residential Land Brokerage
KLNB Commercial Real Estate
Residential
Manufacturing
Entertainment
Community/Cultural
Religious
Office
Hotel
Retail
Parking
Compactness.
Density.
Mixed uses.
Limited transportation systems.
Boston, 1814
Rockefeller Center
Built in 1931.
19 commercial buildings.
Connected via an
underground concourse
8,000,000 SF.
22 acres.
Baltimores
Renaissance Harborplace
586-room hotel,
four-story shopping mall,
multi-story office complex,
large underground parking
arcade.
Parking
Integrated shared parking is a key
component, improving land-use
efficiencies and reducing costs.
Successful Mixed-use Is
Pedestrian-friendly
The second criterion distinguishing mixeduse developments from other real estate
projects is pedestrian circulation and
orientation.
How a pedestrian is invited into the space
and is then able to freely move from
product type to product type is key to a
successful mixed-use project.
A Tidbit of Wisdom
When discussing mixed-use
development, stop thinking of
buildings as buildings and begin
thinking of buildings as communities.
Questions to Ponder
Successfully Developing
a Mixed-use Project
It all about the demographics, the
competing products, and the size of
the market.
How can the developer penetrate the
market, and why this location?