What are some effective mixed-use development features that attract tenants?

You can have mixed uses across CRE property uses, such as apartments with retail, etc. However you can also have mixed use within a closer type of property. i.e. Office/warehouse/destination retail/service & flex, all under one roof. It starts in the design phase before development. Design the asset to attract multiple types. Make sure you have enough parking for all uses you target. Is the location is good for mixed use? Target complementary users & follow your leasing plan based on those users. It is easy to try to hurry & get those first tenants but if those tenant uses limit future leasing, you have a long term problem. Avoid exclusives or make sure that a tenant exclusive is limited to one industry i.e. "chiropractor" vs "wellness".

Location and accessibility are key for mixed-use developments. Don't believe the misconception that mixed-use projects can thrive anywhere. The truth is, success hinges on strategic placement in high-density areas with strong market potential like downtown cores, transit hubs, or cultural districts. To attract a diverse range of tenants who value convenience and connectivity, focus on easily accessible locations with various transportation options.

Designing a successful mixed-use development? Here's a game-changer: Forget cookie-cutter designs and generic offerings. The key to success lies in embracing design and diversity. A coherent and attractive design, reflecting the local context and identity, is essential. A balanced mix of uses caters to diverse needs, preferences, and lifestyles, fostering a vibrant community.

Sustainability and innovation are key to success in mixed-use development. Many believe that mixed-use projects should focus solely on profitability, but that's a misconception. In reality, incorporating sustainable and innovative features can boost both financial performance and social responsibility. By integrating green and smart elements, mixed-use developments can reduce environmental impact, improve energy efficiency, and enhance quality of life.

Modular and convertible spaces seem like a great compromise to creating a space that you discover after the fact nobody really wants to use (rock climbing wall, anyone?, rec room?). that said, with WFH here to stay, well-designed branded spaces that create private sitting nooks, interspersed with larger open area tables, lots of electrical outlets for computers and strong wifi, seem like a use that is here to stay for the foreseeable future

Don't be fooled by the misconception that mixed-use projects lack flexibility. In reality, their success lies in their ability to adapt and accommodate changing market conditions, tenant preferences, and user behaviors. To maximize space utilization and performance, mixed-use developments should prioritize flexibility and adaptability in their design. This means incorporating modular and convertible spaces that can easily be reconfigured, expanded, or reduced according to demand.

Don't believe the misconception that amenities and services are unnecessary luxuries. In reality, they are crucial for attracting and retaining tenants in mixed-use projects. By providing a range of amenities and services, you can significantly enhance the convenience, comfort, and enjoyment of your tenants. This, in turn, adds value and sets your development apart from others.

Amenities in mixed- use projects are essential! People are foregoing a backyard, privacy and other features that are offered by SFD living, so if they are going to live in a mixed-use development, they are looking for other benefits like convenience, walkability, service support and amenities! Getting the amenities right for your demographic is always an interesting exercise and preferences change with time. Right now, people want community green spaces/dog parks/pocket parks/greenways as well as ground level retail with coffee shops, restaurants and essential services. package management and building attendance are a valuable 'amenity' that has become a huge need, as well as secured-access points to building entries and garages..

Building a successful mixed-use development? Don't overlook this crucial factor! Contrary to popular belief, it's not just about the design or amenities. Engagement and communication play a pivotal role in the long-term success of such projects. Foster a sense of community by encouraging social interaction and feedback among tenants, developers, and the surrounding community.

Effective mixed-use strategies to attract tenants include creating a vibrant and walkable environment, offering a diverse mix of retail and residential spaces, incorporating green spaces and public amenities, ensuring good connectivity and accessibility, and fostering a sense of community through events and social spaces. Additionally, flexible lease terms and tenant incentives can be appealing.