The Outlook is Strong for US Mixed-Use Development
There is good news in the mixed-use development sector, and that’s great news for investors. A strong economy and regional growth factors are in play.
Growing populations and strong employment percentages, particularly in non-gateway development markets, are paving the way for increased and diversified rent income for owners and developers.
Sustainability is at the heart of the move back into cities, with both recent college graduates and “empty nesters” moving into urban areas to improve their lifestyles. Mixed-use developments cater to consumer needs and preferences to facilitate these sustainable new lifestyles.
As destinations focus on becoming more attractive to residents and visitors, mixed-use developments are an important part of the equation. The goal is creating lively communities where people can interact together, shop, find entertainment, and work all within walking distance. Mixed-use development supports this goal.
Developed metropolitan areas seek out mixed-use developments to provide optimal land use in dense areas. Consumers want walkability to the services they need, as well as the convenience of multiple nearby businesses that can deliver directly to their doors. For investors, mixed-use projects provide diversification that reduces reliance on one type of tenant.
With today’s strong US economy, mixed-use investment is a valuable part of the portfolio. For information on the latest investment opportunities, contact American Life, Incorporated today. Our team of experts is committed to creating positive investment outcomes for our clients in our hotel, office, and mixed-use opportunities. We oversee the entire real estate process, including site acquisition, construction, and operations management. Contact us at 206-381-1690 in the US at our office at 270 S. Hanford Street, Suite 100, in Seattle, Washington or at any of our international offices in Shanghai, Tokyo, or London.