Knight Frank UK Commercial Real Estate’s Post

What is Placemaking? Where Places Transcend Space ✨ In today's evolving landscape, placemaking isn't just about design – it's about orchestrating spaces that create meaningful connections and deliver measurable value. True placemaking transforms ordinary spaces into extraordinary destinations where: • Communities naturally gather and thrive • Footfall increases by up to 45% (Project for Public Spaces) • Rental yields grow 8-15% over five years (Knight Frank Middle East) • Tenant retention strengthens significantly • Social value creates lasting impact The science of successful placemaking combines: • Human-centric design that unlocks potential • Community psychology that builds connection • Strategic activation that energises spaces • Cultural programming that enriches experiences • Digital innovation that enhances engagement Having delivered placemaking consultancy for over 60 destinations across prime assets in the UK, European and MENA markets, including global giga-projects and mixed-use developments, I've witnessed how thoughtfully crafted spaces can transcend their physical boundaries, creating places that resonate deeply with communities while delivering exceptional commercial value. What makes a place truly remarkable in your experience? Do you have a good example of placemaking you can share- either a small tactical campaign or large scale strategic approach? #Placemaking #AstralPlacemakingGroup #RealEstate #CommunityDevelopment #PropertyDevelopment #Innovation #UrbanDevelopment #PlacemakingConsultancy

So, what placemaking trends are predicted to dominate real estate strategies in 2025?   In 2025, real estate strategies are expected to be further influenced by culture-driven placemaking, with key points including: ⭐ Early Integration of Placemaking Experts: Developers are involving placemaking professionals at the initial stages of planning to ensure cultural elements are embedded from the outset.   ⭐ Emphasis on Local Art: There's a growing trend to collaborate with local artists to create installations that reflect and celebrate community narratives.   ⭐ Sustainability as a Core Value: Placemaking strategies are prioritising eco-friendly practices, incorporating sustainable materials and natural elements that can be reused for years to come.   This article by Coralie Olson, Managing Partner from MASSIVart predicts a shift towards creating meaningful and functional spaces that resonate with local communities. We've already noticed some of these predictions become a reality with our clients and are excited to see how these trends develop through our projects this year.   Read more about 2025 placemaking trends: https://lnkd.in/eSgxvgXE   #placemaking #development #sustainability #community #2025predictions

Amenities should do more than fill space—they should create value for both tenants and property owners. Think about unique opportunities: specialty services, curated activations, or flexible-use spaces that adapt to tenant and market needs. With the right strategy, amenities can enhance tenant satisfaction while contributing to your bottom line. The Experience Group helps property owners identify and activate the right amenities for their market, ensuring every feature serves a purpose. Let’s rethink what your building can offer. #CREStrategy #AmenityManagement #AmenityActivation #TenantExperience #CRE #Innovation #WorkforceEngagement #EmployeeConnection #WorkplaceCulture #ServiceCulture #CustomerExperience #Hospitality #RealEstate #TenantEngagement #PropertyManagement #TheExperienceGroup #OfficeAmenities #CommunitySpaces #OfficeLife #TenantRetention #WorkplaceStrategy

Culture-driven placemaking is changing how real estate strategies are built for long-term value. In this article in Real Estate News Exchange (RENX), our Managing Partner, Coralie Olson, dives into how the industry is moving toward authentic, purpose-driven spaces that go beyond just flashy art. Check out the trends shaping the future of real estate 👇 https://lnkd.in/dhJUr5Da #RENX #FutureOfRealEstate #RealEstateInsights #CreativePlacemaking #PublicArt #RealEstateTrends

Step into Future Living with Paradero Homes Comunal Capital's vision of creating spaces that nurture our bond with nature and community comes to life through Future Living. Explore this insightful article by #LuxExposé to learn more about Future Living at Paradero and how it's reshaping modern lifestyle. Dive deeper and discover how the innovative design, sustainable practices, and immersive experiences make Paradero a gateway to a new era of living.

Answer: High-quality placemaking. “Placemaking” is the key to creating enduring real estate value in a location that has not already exploded. What is placemaking? 1/3 Think of it as quality design that puts people first; programming that brings visitors to a site; investments such as artwork that inspire and attract visitors; and a whole lot of “sex and magic.” Great examples: @rockcenternyc, @SeasideFL_, and (of course) Camp North End 2/3 Photo source: @WSJ How a Once Unpaved Stretch of Highway Became One of Florida’s Hottest Rental Markets https://t.co/Xi4v9v6vLe 3/3

Placemaking goes beyond just aesthetics. It's about creating spaces that: Foster social connections: Bringing people together and encouraging interaction. Enhance quality of life: Making neighbourhoods more vibrant and enjoyable. Promote economic development: Creating attractive spaces that can draw businesses and residents. Reflect local identity: Shaping spaces that represent the unique character of a community. Placemaking is a powerful tool for shaping our cities and towns into places that are not just functional, but also meaningful and enjoyable for everyone. There are a few reasons why placemaking remains a topic of discussion and can be misunderstood: Competing Priorities Short-term gains: City planning often prioritizes immediate economic benefits over long-term social and environmental goals. Traffic flow: Car-centric infrastructure can still dominate, prioritizing vehicle movement over pedestrian and public spaces. Difficulty in Measurement Subjectivity: It can be challenging to quantify the impact of placemaking on things like social connection and well-being. Long-term benefits: The positive effects of placemaking may take years to become fully apparent. Public Misconceptions Focus on aesthetics: Some might see placemaking as simply beautification projects, overlooking the social and functional aspects. Gentrification concerns: There's a fear that successful placemaking projects can lead to rising property values and displacement of existing residents. However, there's a growing recognition of the value of placemaking.  As cities grow, well-designed public spaces become even more crucial for social interaction and a sense of community. There's a growing focus on walkable, sustainable cities with a strong sense of place. Is data and advocacy the answer? Tools are being developed to better measure the positive impact of placemaking on social and economic factors. By promoting awareness and demonstrating the benefits, placemaking can move from a misunderstood concept to a standard practice in creating vibrant and liveable communities. So get out there. Speak up. Promote. #urbandesign #cities #planning #placemaking #streets #Launceston

Small spaces, big impact! The Keret House in Poland, measuring just 5 feet wide, proves that even the tiniest homes can showcase creative and artistic living solutions. Could you embrace minimalism and make a space like this your own? Let's talk about the best real estate options that fit your lifestyle. #SmallLivingBigDreams #RealEstateInnovation #TerryVehrsRealEstate #VehrsGroupRealEstate

During the Coliving Conference, Katia Dimova from Chateau Coliving & Coworking shared an insight that really stuck with me: "You can attract tenants with nice, good-looking spaces, but after a while, they get used to their room. To keep them, you must deliver a great tenant experience." In my conversations with starting or experienced property operators, I see too many focusing mainly on creating attractive spaces. While aesthetics are important, they often ignore the operational process that defines a tenant's experience. Sure, you’ll attract them, but what happens when you lose them after two weeks because service tickets are ignored, invoices are wrong, and communication is poor? 🤔 ➡️ To all future tenants: Don’t judge a book by its cover. Operational efficiency matters just as much as a beautiful room or fancy amenities. #PropertyManagement #TenantExperience #Powerhouse #OperationalEfficiency