Mixed Use & Retail Centers
Demand will continue for mixed-use developments that are anchored by sports and entertainment venues.
As people crave opportunities for in-person social interaction, entertainment-anchored developments with a diverse mix of spaces and amenities will be highly valued. To attract more users beyond traditional office and retail, retail centers and mixed-use developments are incorporating amenities like live music, sports, and festivals to foster shared, communal experiences.
Public spaces that can be programmed as community catalysts will be market differentiators.
Developers are recognizing the importance of well-programmed public spaces that can be used and activated by residents and tenants, and act as catalysts for the surrounding community. With flexible programming and thoughtful placemaking, these developments can transform a single-use development into a valuable, multipurpose community asset.
By aggregating diverse assets under one roof, mixed-use developments can help offset climate risk.
As climate disasters and extreme weather events put pressure on property portfolios, this is driving the need for developments designed to reduce risks and control costs, such as rising insurance rates. By aggregating diverse assets under one roof, mixed-use developments may benefit developers looking to future-proof their investments.