Bumps ahead for mixed-use development?
The current cover story of Development magazine interviews a half-dozen mixed-use developers on current trends and their expectations for the future. Concerns such as rising construction and building materials costs, declining job growth and the downturn in residential development are leading to postponements and outright cancellations of mixed-use developments in some areas - California, Las Vegas and elsewhere. Still, experts say the synergies of mixed-use still offer advantages over single-asset developments for well-planned, well-located properties.
Development is the official publication of the national Association of Industrial and Office Properties.
