Monday, December 4, 2017

Selling Mixed Use Profitably

ThinkstockPhotos 492914418By Liz Holland

Mixed-use commercial property design is clearly in vogue across the country, but turning the vision of “Live, Work, Play” into reality isn’t easy. How does a developer maximize profitability and minimize road blocks? Through clear, constant communication and condensed timelines.

There’s an inherent push-pull with these types of projects from Boston to Chicago to Houston. Residential and office tenants want to see that first-floor retail hub they were promised in place on move-in day. But retailers and restaurants prefer to wait until loads of built-in shoppers are daily traffic before they commit.

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