Is Mixed-Use Worth It?

"For developers, large-scale, mixed-use projects have the potential to yield double-digit returns. Yet, the inherent risks have left many on the sidelines. Why? It can take years before returns ever materialize for multi-phase developments, and unforeseen project costs are common.... One way for developers to raise the bar — and the payoff — for mixed-use projects is to collaborate with the government. Local municipalities are learning that where residential and commercial uses exist side by side, property values increase, as does support for much-needed public transportation..."