Is Mixed-Use Worth It?

Mixed-use projects get a lukewarm review in comparison to the financial rewards from conventional projects.
August 22, 2003, 1pm PDT | Chris Steins | @urbaninsight
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"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..."

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Published on Thursday, August 21, 2003 in National Real Estate Investor
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