Mixed Use Development
A mixed-use development combines homes, workplaces, retail and public space within a single scheme.
Why It Matters
It spreads risk across uses that fail at different times and is often what planning authorities require in exchange for density.
Related Terms
- Real Estate DevelopmentReal estate development is the process of taking land through planning, financing and construction to a finished, occupied building.
- Office MarketThe office market is the letting and ownership of workplace property, priced by rent, lease length and the quality and location of the building.
- Retail Real EstateRetail real estate is property let to shops and restaurants, from high streets to shopping centres and retail parks.
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