Mixed-use Developments: Meeting Consumers' Evolving Needs
The causes of the failure of single-use assets are both varied and plentiful. In retail, the rise of online has shown consumers the true nature of convenience, rendering many retail-only schemes obsolete. Demand is therefore increasing for physical space to deliver a mix of uses within a single asset, providing a combined offer that cannot be replicated online and meets consumers’ evolving preferences.
Mixed-use developments, which combine retail, leisure, hospitality, residential, and/or office space, have become increasingly popular because they offer a more comprehensive and diverse range of experiences, making them more attractive to consumers and businesses.
In this white paper we look at successful mixed-use developments from around the world including Asia, Europe, North America and The Middle East and how they adapt to meet consumers’ needs.
If you would like to explore any of the points raised in this paper, or discuss our experience in helping developers and investors create mixed-use developments, or if you simply want to get in touch, please contact:
Andrew McVicker, Director, Pragma Consulting