Walking used to be the primary way people moved from one place to another, but today’s sophisticated society has created a more intricate lifestyle. Most people nowadays drive, and this has led to a high demand for mixed-use developments in terms of real estate.
A mixed-use development is one that combines two or more different types of land use – such as residential, commercial and entertainment spaces – in close proximity.
Locally, these have become popular and, as the success of existing mixed-use development is evident, more are planned. Ample parking within residential and commercial spaces at walking distance have made these developments valuable real estate in the private and commercial sense, creating a certain lifestyle which is in high demand and comes with a fair price tag.
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