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What Is A Mixed-Use Building?: Three or More Significantly-Sized, Revenue-Producing Businesses or Ventures
What Is A Mixed-Use Building?: Three or More Significantly-Sized, Revenue-Producing Businesses or Ventures
Business offices
Retail stores
Restaurants
Hotels
Entertainment
The first benefit of mixed-use buildings is, of course, its ability to make
the most of relatively small, limited spaces of land. This is becoming
especially crucial in modern times when well over 55 percent of the
world’s population lives within urban spaces. In order to accommodate
this staggering number of people, room must be made for housing.
However, this leads to difficulties in deciding where businesses can be
placed, leading to a sort of standoff between residential and
commercial zoning permits. MXD’s make the issue much simpler by
giving developers the freedom to integrate both spaces into one. This
also leads to interesting investment opportunities for business owners
like yourself. You can grow your business and practice investment in
multifamily housing in a single area.