Across the nation, traditional lines between where we live, work, and play are being redefined, giving cities and developers a new opportunity: mixed-use commercial real estate. This can be seen in suburban areas, such as #Leawood, KS, home of KBS’ Park Place Village and also KBS’ Park Central apartments in downtown #Raleigh, NC. Both properties provide office, retail, and residential space that includes upscale shops, restaurants, and cafes. Mixed-use developments offer a dynamic solution to modern living. Over the years, this asset class has evolved to meet the changing needs and desires of those wanting to live in a more urban setting. What once may have been combinations of residential and commercial or studio spaces, have now transformed into vibrant, multifaceted communities. In this week’s article, we explore the pivotal role of mixed-use properties that are shaping the smart cities of tomorrow, learn more about the evolution of mixed-use buildings, their benefits for sustainable community living, and how integrating smart technologies enhances urban life. KBS, one of the largest owners and operators of premier commercial real estate buildings in the nation, has prioritized the integration of smart-environment innovations into mixed-use properties. Read the full blog article below: https://lnkd.in/gaff6Zg3 NAIOP | J.P. Morgan | Kane Realty Corporation #CommercialRealEstate #Office #MixedUse #Development #SmartTech #UrbanLiving #Kansas #NorthCarolina
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President & CEO, Downtown San Diego Partnership | San Diego CEO of the YR 2022 (SDBJ)| Proud Mom | Attorney | Urbanist | San Diegan by way of Upstate NY
As Downtown San Diego’s evolution into a central connectivity district (a place designed for people and businesses to connect to each other) continues, we know that mixed-use projects will play an important role in the makeup of our urban communities. That’s why we are excited to see this announcement about the residential housing investment Stockdale Capital Partners, LLC is adding to The Campus at Horton’s transformation. Not only is additional housing needed locally, but it will be a great accompaniment and activation to the already planned mix of uses and tenants on-site and throughout Downtown. We know from downtowns across the country that housing contributes to resiliency in critical ways like protecting retail investments, bringing activity to parks and plazas, supporting jobs closer to homes, and adding to the street vibrancy, among others. And this investment will continue to complement the other mixed-use projects headed to the market, such as RaDD (IQHQ) and WEST (Holland Partner Group, North America Sekisui House, LLC , Lowe). Our Downtown community is excited to see the economic and cultural vitality potential come together on this adaptive reuse block. https://lnkd.in/gxybXszs
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Amazing Transformation
President & CEO, Downtown San Diego Partnership | San Diego CEO of the YR 2022 (SDBJ)| Proud Mom | Attorney | Urbanist | San Diegan by way of Upstate NY
As Downtown San Diego’s evolution into a central connectivity district (a place designed for people and businesses to connect to each other) continues, we know that mixed-use projects will play an important role in the makeup of our urban communities. That’s why we are excited to see this announcement about the residential housing investment Stockdale Capital Partners, LLC is adding to The Campus at Horton’s transformation. Not only is additional housing needed locally, but it will be a great accompaniment and activation to the already planned mix of uses and tenants on-site and throughout Downtown. We know from downtowns across the country that housing contributes to resiliency in critical ways like protecting retail investments, bringing activity to parks and plazas, supporting jobs closer to homes, and adding to the street vibrancy, among others. And this investment will continue to complement the other mixed-use projects headed to the market, such as RaDD (IQHQ) and WEST (Holland Partner Group, North America Sekisui House, LLC , Lowe). Our Downtown community is excited to see the economic and cultural vitality potential come together on this adaptive reuse block. https://lnkd.in/gxybXszs
Stockdale Adding 850 Apartments to San Diego Redevelopment of Former Mall Site
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🌆 Transforming Boston's Skyline: A New Era of Urban Living with BRI Management! 🌆 🔗 Exciting news featured on traded.co! Boston Pinnacle Properties, in collaboration with BRI Management, is at the forefront of transforming Boston's cityscape. Our latest venture is part of the Boston Planning and Development Agency's initiative to repurpose office spaces into residential units, a move prompted by the city's new tax breaks. 🏢 The project at 281 Franklin St. is a beacon of this transformation, where we're converting an office building into 15 modern residential units. This initiative, which includes proposals from various developers, demonstrates the potential of urban redevelopment in revitalizing downtown Boston and the West End areas. 👷♀️ BRI Management's expertise in property management complements Boston Pinnacle Properties vision, ensuring that this transition from office to residential space meets the highest standards of quality and innovation. 📈 This project is more than just construction; it's about community building and offering new living opportunities in the heart of the city. With a significant tax abatement over the next 29 years, we're excited to be a part of this sustainable growth and urban renewal. Read more about this transformative project and its impact on Boston's urban landscape in the full article: https://lnkd.in/eHnntGGV #UrbanRedevelopment #BostonPinnacleProperties #BRImanagement #PropertyTransformation #BostonRealEstate #InnovativeLiving
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The iconic Flatiron Building in NYC is getting a new lease on life! 🏙️ Jeffrey Gural's recent purchase of this historic landmark is set to transform it from office space to much-needed residential apartments. This move reflects the evolving landscape of urban living and working in the Big Apple. Here's what we know so far: 1. Plans have been submitted to the NYC Department of City Planning 2. The conversion aims to address the city's housing shortage 3. It's a response to the decreasing demand for office space As a real estate professional, I'm excited about this development. It's a prime example of adaptive reuse that could set a precedent for other historic buildings in the city. What do you think about this transformation? • Will it help alleviate NYC's housing crunch? • How might it impact the neighborhood? • Could this inspire similar conversions across the city? Let's discuss the potential ripple effects of this bold move. After all, change is the only constant in New York real estate! #NYCRealEstate #AdaptiveReuse #UrbanDevelopment #FlatironBuilding #TheAceTeam #RealBrokerLLC
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#Cleveland, Ohio, is leading the nation in converting #office buildings into #multifamily residential developments, reshaping its downtown. This trend is driven by reduced demand for office space due to remote work and a growing need for housing in the city. Developers are repurposing underused office buildings into vibrant residential communities with modern amenities, attracting a diverse range of renters. This approach is not only adding housing but also creating dynamic, mixed-use neighborhoods that enhance Cleveland’s urban vibrancy. Cleveland's focus on these conversions highlights its forward-thinking approach to urban development. Read more: https://bit.ly/4dP5YNT #MarketRent #AdaptiveReuse #UrbanDevelopment #OfficeToResidential #CityRevitalization #ClevelandRealEstate #MixedUseCommunities #UrbanLiving #ResilientCities #SmartUrbanGrowth #CREInnovation
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Founder | CEO @ ABSTRACT Commercial Real Estate LLC. 10 Years of Retail, Restaurant + Mixed-Use Development Advisory. I negotiate NNN Leases, Sales and Investment Sales with winning results
Money Spent is an Indicator! As with our time, how we spend our money personally, as a business or city, reflects our values. We have significant mixed-use development in various phases from planning, to construction, to making its debut opening doors to residents and tenants. Mixed-Use makes sense with the right metrics. Downtown #MadisonWisconsin checks that box! Here are the Five (5) Latest developments in the Core of our City: 1. ōLiv Madison 339 W. Gorham Street 486 residential units, retail spaces, and incubator spaces Students and young professionals Opening this Fall! 2. Chapter at Madison 800 Regent Street 534 residential units, 2,200 SF commercial space Features a cultural exhibit honoring the Greenbush neighborhood Opening in September! 3. Rise Madison Madison's largest affordable housing project 245 units across four buildings Commercial space Park areas Phase I ready by March 2025 4. Atmosphere Madison 12-story Mixed-Use 363 housing units Four-story parking garage (322 spaces) Under construction 5. State Street Campus Garage Mixed-Use Project Redevelopment of the Lake Street parking structure 263 apartments Commercial space 590 public parking spaces Features an intercity bus terminal Under construction ABSTRACT Commercial Real Estate #commercialdevelopment #mixedusedevelopment #retailrealestate
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COLUMBUS OHIO: AN INNOVATER OF REAL ESTATE DEVELOPMENT Columbus Ohio has become a city of world class Real Estate Development Innovation. In its metro, multiple developers are rewriting how a city should develop new housing and retail space for their citizens. The city has become a national leader in development projects that create a formula of balancing life, entertain, recreation, and business. Places like Bridge Park, Quarry Trails, Short North, and German Village, have seen development innovations left and right. Creating such a formula for these areas include major research into work balance for employees, the demand for efficient living space, the creation of entertainment for all residents, and the integration of natural features like rivers, woods, and in a development. A list of companies that have successfully create such formula includes Thrive Companies, Crawford Hoying, The New Albany Company , and Equity Commercial Real Estate Solutions #commercialrealestate #realestate #ohio #columbusohio #businessinnovation #realestatedevelopment #innovation
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*Unlocking Commercial Real Estate Potential* When developers, landlords, and tenants unite, they create thriving commercial ecosystems. "Partnerships are the backbone of successful businesses. When developers, landlords, and tenants collaborate, they drive growth, innovation, and prosperity." Did you know? - 80% of commercial real estate developers prioritize tenant retention and satisfaction (CBRE, 2022 Developer Survey) - Collaborative partnerships increase commercial property values by 15-20% (JLL, 2020 Commercial Real Estate Outlook) - Mixed-use developments with integrated retail, office, and hospitality spaces boost local economies by 30% (Urban Land Institute, 2019) Let's build vibrant commercial communities! #CommercialRealEstate #CREDevelopment #LandlordTenantPartnership #BusinessGrowth #Collaboration #FutureOfRealEstate #Niesv #SIOR #CBRE #JLL #Realestatenigeria
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Edge cities are suburban, decentralized clusters of commercial and residential development, often located on the outskirts of major metropolitan areas. They typically feature a mix of office buildings, retail centers, entertainment venues, and residential areas, functioning as self-sufficient urban centers. Edge cities emerged in response to suburbanization and the decentralization of economic activity away from traditional downtown areas. Examples include Tysons Corner in Virginia and Schaumburg in Illinois.The term "edge city" was coined by journalist Joel Garreau in his 1991 book titled "Edge City: Life on the New Frontier." An example of an edge city is Tysons Corner in Virginia, located outside of Washington, D.C. #EdgeCity #SuburbanDevelopment #Urbanization #UrbanBUZZ #HabituX #SHS #XIMUniversity
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