As the old proverb goes: There is more than one way to skin a cat. The same can be true for mixed-use developments.
Depending on the area and construction budget, developers and investors may incorporate trends such as ground-level retail, entertainment-anchored retail centers and adaptive reuse differently. Regardless, the main goal is to attract residents and visitors and curate a unique blend of activity.
Houston is home of many projects that embrace this growing trend to blend housing, retail and office space to create an all-inclusive district. In advance of Bisnow's Retail & Mixed-Use event Oct. 18, we looked at two thriving mixed-use projects.
Strategy 1: Office-Driven New Build
"We are trying to build a complete community," said Warren Wilson, executive vice president of CDC Houston, the owner and co-developer of Springwoods Village.
Since breaking ground about eight years ago, Springwoods Village has transformed into a massive mixed-use environment that houses several multifamily and single-family housing projects, hotels, restaurants, shops and major employment hubs in Spring. And, it continues to expand.
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