CIRES Property Solutions (Pty) Ltd’s Post

🌟 My Journey with Mixed-Use Developments I've been fascinated by how mixed-use developments are transforming retail landscapes, seamlessly blending residential, commercial, and retail spaces into vibrant hubs. Here’s why they’re so impactful: -> Dynamic Retail Hub: These developments create lively communities where I can live, work, and shop—all within walking distance. It’s incredibly convenient and fosters a thriving retail environment. -> Economic Stability: As a retailer, having a diverse customer base of residents and retail businesses ensures steady foot traffic and sales opportunities, which is crucial for long-term success. -> Community Connection: I love how these spaces encourage social interaction and cultural activities. It’s not just about shopping; it’s about building relationships and loyalty with my customers. -> Flexibility and Resilience: In today’s ever-changing market, mixed-use developments offer flexibility to adapt to new trends and consumer preferences. This adaptability ensures we stay relevant and resilient. -> Urban Renewal: Being part of revitalizing urban areas is fulfilling. It’s about more than business—it’s about contributing to the growth and sustainability of the community. Mixed-use developments are more than just buildings; they’re catalysts for innovation and community building. I’m excited to continue exploring how they shape the future of retail and urban living. Join me in embracing this journey of retail innovation and community transformation! #MixedUseDevelopment #RetailInnovation #UrbanRevitalization #CommunityBuilding

Transforming Urban Landscapes: The Impact of Mixed-Use Developments on City Planning Mixed-use developments (MUDs) are revolutionizing urban planning by seamlessly blending residential, commercial, and recreational spaces within a single cohesive project. This innovative approach promotes walkability, reduces commute times, and fosters vibrant, sustainable communities. As cities continue to grow, mixed-use developments offer a dynamic solution to urban sprawl, creating hubs of activity that benefit both residents and businesses. These developments are not just a trend; they're a strategic response to the evolving needs of modern urban life. City Master Planning: Mixed-use developments play a pivotal role in city master planning by creating self-sustaining communities. Integrating living, working, and leisure spaces enhances the urban experience and encourages social interaction. Planners are increasingly adopting MUDs to rejuvenate city centers, reduce traffic congestion, and promote a sense of community. Potential Growth: The adaptability of mixed-use developments makes them a key driver of urban growth. They stimulate economic development by attracting diverse businesses and creating job opportunities. Additionally, MUDs support urban regeneration by repurposing underutilized spaces, breathing new life into declining areas, and fostering economic resilience. Density Dynamics: By increasing population density in strategic locations, mixed-use developments optimize land use and support efficient public transit systems. This high-density approach helps to create compact, walkable neighborhoods that reduce the environmental impact of urban expansion. Mixed-use projects often feature a variety of building types and heights, adding to the visual and functional diversity of urban areas. Investment Potentials: Investing in mixed-use developments offers substantial benefits. The diverse revenue streams from residential rents, commercial leases, and retail sales provide a stable and lucrative return on investment. Moreover, the integration of multiple uses within a single development enhances property value and market appeal, making mixed-use projects a wise choice for forward-thinking investors. Mixed-use developments are transforming urban landscapes by fostering sustainable growth, enhancing community interaction, and optimizing land use. For investors, these projects offer robust potential, combining economic resilience with social and environmental benefits. Embracing mixed-use developments is not just a smart investment strategy but a commitment to creating vibrant, livable cities for the future. #MixedUseDevelopments #UrbanRealEstate #SustainableLiving #CommunityBuilding #CommercialRealEstate #InvestmentOpportunities #CityPlanning

10+ years in real estate have shown me the irony of urban development- cities focus on skyscrapers while ignoring the untapped value of public spaces at street level. A recent World Bank report shows that cities are missing out on up to $300 billion in economic growth by not using their public spaces effectively. These spaces make up about one-third of a city's land, offering a huge potential for development. But why do cities struggle to leverage these spaces effectively? 1. Poor urban planning 2. Financial constraints 3. Competing priorities in rapidly growing cities As a result, our public spaces often degrade into congested, polluted areas that drain resources instead of creating value. The irony of urban development is that as we build up, we're ignoring the untapped value at street level. However, some forward-thinking cities are bucking this trend. For example, Copenhagen, which focuses on green public spaces, and Melbourne, known for its innovative urban design, are investing in connected, inclusive public spaces. Having spent over a decade in the real estate industry, I’m amazed at how much potential our public spaces hold—potential that remains largely untapped. Here’s how we can change that: 📌 Build collaborative partnerships where government, businesses, and local communities work together, aligning resources to achieve shared goals. 📌Develop targeted policies that address the specific needs of each area, focusing on practical, sustainable solutions that promote inclusive growth. 📌Establish long-term plans for funding and managing public spaces, ensuring they are well-maintained and continue to benefit the community over time. As someone who's seen the impact of well-planned spaces, I'm excited about the possibilities. Imagine the transformation we could create in our cities by reimagining these public assets! What's your experience with public spaces in your city? Have you seen examples of innovative use? Share in the comments below! #Urbandevelopment #realestate

Over the past decade, urban living has often meant compromising on space. With the rise of remote work and the delay in home purchases, many have found themselves longing for larger, more flexible living environments. The trend reached its peak in 2022, with the average size of newly built apartments in the U.S. hitting a historic low. However, a shift is now underway. According to a recent report from RentCafe.com, the average apartment size in 2023 rebounded to 916 square feet, marking a return to more spacious and comfortable living. 𝗞𝗲𝘆 𝗳𝗮𝗰𝘁𝗼𝗿𝘀 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗶𝘀 𝘁𝗿𝗲𝗻𝗱 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: • Increased market demand for larger living spaces. • The introduction of more two- and three-bedroom units. • Developers adjusting their strategies to create more livable environments. This shift not only enhances quality of life but also has significant implications for the real estate market, including design innovations, market segmentation, and investment opportunities. Read more about how this trend is shaping urban living and its impact on cities like Cleveland in our latest blog post linked in the comments. #UrbanLiving #RealEstate #ApartmentDesign #RemoteWork #QualityOfLife GHC Living Northern Ohio Apartment Association Bhavin Patel Saagar P. Michael J. Smith

🏙️ Exploring the Future of Mixed-Use Developments Mixed-use developments—blending residential and commercial spaces—are quickly becoming a defining feature of urban living. These communities integrate living, working, and leisure spaces into one dynamic environment, offering residents convenience and a sense of connectedness. For property management companies, mixed-use spaces present new opportunities and challenges. Managing these developments requires a balance of residential service, commercial tenant needs, and a cohesive community experience. At Granite, we’ve been leaning into innovative strategies to manage these unique spaces, from streamlined communication systems to adaptive management that proves effective for both tenant avenues. We’re excited to be part of this new era of urban living, bringing value and innovation to the communities we serve. #MixedUseDevelopments #UrbanLiving #PropertyManagement #GranitePM #RealEstateTrends #CommunityBuilding

🌆 The Rise of Mixed-Use Developments: Shaping the Future of Urban Living Mixed-use developments are redefining the way businesses and communities thrive. These innovative spaces combine residential, retail, and office environments, creating hubs of convenience and lifestyle. 📍 South African Success Stories
Landmarks like Waterfall City and Melrose Arch exemplify the benefits of mixed-use spaces. They deliver diverse revenue streams, higher occupancy rates, and a unique blend of work, live, and play opportunities. 🚗 Efficiency Meets Balance
By reducing commuting times and fostering productivity, mixed-use developments enhance quality of life while creating vibrant, engaged communities. At CIRES, we specialise in connecting you to these transformative opportunities. Let’s shape the future of urban living—together. 🌐 Visit us: www.cires.co.za @CIRES Property Solutions (Pty) Ltd @Neil Stephen, @Grant Race, @Pierre Bezuidenhoudt, @Mark Hawke, @Kim Dawson #CommercialProperty #PropertyInvestment #BusinessGoals #PropertySolutions #CIRESPropertySolutions #FlexibleWorkspaces #OfficeTrends #CommercialRealEstate #MarketTrends #Sustainability #CIRESInsights #MixedUseDevelopments #UrbanLiving

Mixed-Use Real Estate Development?!!!! Mixed-use real estate development involves creating a single project that combines multiple uses, such as residential, commercial, retail, and sometimes even industrial spaces The goal is to create a self-sustaining community where people can live, work, and play in one location, enhancing convenience and quality of life These developments often feature a mix of apartments, offices, shops, restaurants, and recreational facilities, all designed to complement each other and create a vibrant, integrated environment 📈Investment viability in mixed-use projects is generally high due to the diverse revenue streams they offer These projects combine residential, commercial, and retail spaces, providing a stable and reliable income from various sources The integration of different uses can also enhance the overall value of the property, attract a wider range of tenants, and create a vibrant, self-sustaining community Main Triggers for Developing Mixed-Use Projects: 1. Urban Revitalization: Mixed-use developments can help revitalize underutilized or declining urban areas by attracting new businesses, residents, and visitors 2. Market Demand: Increasing demand for walkable, mixed-use environments where people can live, work, and play in one location 3. Economic Growth: The potential for economic growth and job creation by bringing together different types of businesses and services. 4. Sustainability: Promoting sustainable living by reducing the need for long commutes and encouraging the use of public transportation and green spaces. 5. Regulatory Incentives: Local governments may offer incentives such as tax breaks or streamlined approval processes to encourage mixed-use development. #realestate #development #mixedusedevelopment #feasibility #feasibility #projectviability

Reimagining Cities... REPORT CONCLUSIONS High-level key findings from the study include: 01/ WalkUPs (regionally significant Walkable Urban Places) are crucial economic engines. While occupying only 3% of the cities’ land mass, they account for almost 26% of real estate valuation, 37% of tax revenues and 57% of GDP. 02/ The impact of the pandemic on WalkUPs appears to be episodic, rather than structural, with city population losses seen only for two years (2020-2021) followed by recovery in 2022 and 2023. 03/ The real estate valuations in WalkUPs declined from 2019-2023, largely due to an over-inventory of office space, which contributed to 62% of the reduced valuations. 04/ There is an optimal real estate product portfolio for WalkUPs to optimize GDP and real estate valuations, which targets 31% living spaces (Live), 42% workplaces (Work) and 26% play spaces (Play). 05/ In particular, Downtowns are currently far more Work-centric (69.7%) than Live (15.9%) or Play (14.5%), and their portfolios should be rebalanced. 06/ To achieve the optimal portfolio balance, cities should focus first on the following: Reduce Work, particularly in Downtowns Build more Live, particularly in Downtowns Increase the ratio of for-sale versus for-rent living spaces in all WalkUPs Increase Play in all WalkUPs by adding more cultural, entertainment, professional sports, hotel, local and destination retail, and other Play spaces. 07/ Cities should facilitate this balance by implementing policies such as expediting the entitlement process and offering incentives for adaptive reuse, particularly to encourage the conversion of over-supplied office space to Live and Play spaces. https://lnkd.in/eq4DbHMr?

In the heart of the city, a new breed of development is redefining urban living. Welcome to mixed-use developments where convenience and profitability converge to create thriving communities. Imagine stepping out of your apartment into a world filled with possibilities—whether it's grabbing coffee at the local café or heading straight to your office just an elevator ride away. These developments are not only about convenience; they represent smart investments that combine residential, commercial, and retail spaces for diversified income streams. With sustainability at their core in 2025, developers are integrating green practices and technology while prioritizing wellness through fitness centers and meditation gardens. Don’t hesitate to reach out to our team at (647) 417-9999 for a free consultation. We’re here to help you get started with your 2025 goals! . . . . #MixedUseDevelopments #UrbanLiving #reels #reelsinstagram #viral #explore #fyp #trendingnow #videooftheday#exploreeverything #viralposts #CommercialRealEstateReels #CREInsights #BusinessOpportunities #SmartInvestments #FutureOfRealEstate #RealEstateInvestors

In the heart of the city, a new breed of development is redefining urban living. Welcome to mixed-use developments where convenience and profitability converge to create thriving communities. Imagine stepping out of your apartment into a world filled with possibilities—whether it's grabbing coffee at the local café or heading straight to your office just an elevator ride away. These developments are not only about convenience; they represent smart investments that combine residential, commercial, and retail spaces for diversified income streams. With sustainability at their core in 2025, developers are integrating green practices and technology while prioritizing wellness through fitness centers and meditation gardens. Don’t hesitate to reach out to our team at (647) 417-9999 for a free consultation. We’re here to help you get started with your 2025 goals! . . . . #MixedUseDevelopments #UrbanLiving #reels #reelsinstagram #viral #explore #fyp #trendingnow #videooftheday#exploreeverything #viralposts #CommercialRealEstateReels #CREInsights #BusinessOpportunities #SmartInvestments #FutureOfRealEstate #RealEstateInvestors