Mixed-use development: Difference between revisions

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'''Economic'''
 
Mixed-use developments are home to significant employment and housing opportunities.<ref name=":1">{{cite journal| url=https://doi.org/10.1177/875697281704800607| doi=10.1177/875697281704800607| title=Competitive Precinct Projects: The Five Consistent Criticisms of "Global" Mixed-Use Megaprojects| year=2017| last1=Harris| first1=Mike| journal=Project Management Journal| volume=48| issue=6| pages=76–92| s2cid=117672467}}</ref> Many of these projects are already located in established downtown districts, meaning that development of public transit systems is incentivized in these regions.<ref name=":2">Pace,{{Cite B. (n.d.).web |title=Advantages and disadvantagesDisadvantages of mixedMixed-useUse development. Gaebler.com Resources for Entrepreneurs. Retrieved October 3, 2021, fromDevelopment |url=https://www.gaebler.com/Advantages-And-Disadvantages-Of-Mixed-Use-Development.htm |access-date=2023-11-09 |website=Gaebler.com Resources for Entrepreneurs |language=en}}</ref> By taking undervalued and underutilized land, often former heavy industrial, developers can repurpose it to increase land and property values.<ref name=":1" /> These projects also increase housing variety, density, and oftentimes affordability through their focus on multifamily, rather than [[Single-family zoning|single-family]] housing compounds.<ref name="planning.org">{{Cite web|title=American Planning Association, "Planning and Community Health Research Center: Mixed Use Development|url=http://www.planning.org/nationalcenters/health/mixedusedevelopment.htm|url-status=dead|archive-url=https://web.archive.org/web/20130207034351/https://www.planning.org/nationalcenters/health/mixedusedevelopment.htm|archive-date=2013-02-07|access-date=2012-11-01}}</ref> A more equal balance between the supply and demand of jobs and housing is also found in these districts.<ref name=":5">Xiaoping Liu, Ning Niu, Xingjian Liu, He Jin, Jinpei Ou, Limin Jiao & Yaolin Liu (2018) Characterizing mixed-use buildings based on multi-source big data, International Journal of Geographical Information Science, 32:4, 738-756, {{doi|10.1080/13658816.2017.1410549}}</ref>
 
'''Social'''