So do small retail shops and residential spaces. These types of commercial construction developments offer flexibility, versatility, and economies of scale. Ausonio can recommend best practices for your property and maximize your return on investment (ROI).
What Are Mixed-Use Properties In Commercial Real Estate?
Mixed-use properties are buildings or developments designed to be shared by various tenants and users to use the property efficiently. Tenants that live in apartments above might frequent the businesses below. Office workers might take lunch at restaurants in the same building. These developments can attract multiple types of businesses and services that attract a wide variety of clientele. When constructed correctly, they can often create a vibrant community center for commerce and day-to-day activities.
What To Look For In Upcoming Mixed-Use Trends
When planning one of these spaces, property owners should consider trends and new developments in technology to help them create a building that will withstand the test of time. Some areas to investigate include the following:
- Sustainability: Recycled materials, eco-friendly methods, solar energy, and energy-efficient designs help to make new properties appealing to tenants.
- Accessibility: From widened sidewalks, ramps, and ample parking space, these details allow customers, tenants, and business owners the ability to walk, drive, or wheel over to where they need to go.
- Smart Technology: Up-to-date technology and the ability to integrate with applications and programs can make a place secure for those using it.
What Properties Do Potential Tenants Want?
The sky is the limit for the kinds of businesses you can create in a commercial property. Part of the appeal of mixed-use properties is that various businesses and organizations are candidates for these developments. They offer spaces and customers to each other, forming a symbiotic relationship. These businesses may include:
- Retail
- Restaurants
- Medical & Dental
- Residential
- Car Dealerships
- Office
- Health Clubs
- Spas & Salons
Open Opportunities For Shared Spaces
Shared spaces have been a trend in commercial property. Some businesses do better independently, depending on their needs and products. But other businesses and residences thrive from a shared space. For property owners, these projects help them to diversify their portfolio and build resiliency among both commercial and residential tenants.
- Shared Amenities
- Shared Common Areas
- Increased Traffic
- Common Management & Maintenance
- Marketing, Promotional Opportunities
- Potential For Improved Security
Call Ausonio For Expert Commercial Development
If you are exploring mixed-use developments in the Salinas, CA, area, including San Benito, Monterey, and Santa Cruz Counties, we encourage you to learn more about Ausonio. We are a commercial and residential design, construction, and management company. We specialize in large projects ranging from warehouses to manufacturing, hospitals, car dealerships, retail, and residential. Schedule a call with us today!
