Knowing the benefits of mixed-use development
When we think about mixed-use development, we think about a multi-faceted building - from podium to apex - where each component is a main activity. In this article, Gene Bernshtam, who specializes in mixed-use properties, will share with us the benefits of this type of development that even dates back to the beginning of civilization. Image source: probuilder.com Historical precedents Ancient Rome has old market squares where trade and commerce are intertwined with administrative offices, and even a library. During the industrial age, however, the trend has reversed from city to suburban life due to strict zoning laws dividing living and working areas. The invention of automobile even reinforced this. Nowadays, people are moving back to the cities where they can find lots of opportunities in a single location, as if adopting the idea of ancient Rome. Image source: rddmag.com What is a mixed-use building? A mixed-use development or building, for that matter, is a microcosm of