ConstructionDive.com posted an in depth article on the growing trend to mix-used communities; highlighting the growing trend across the county. The article covers examples in urban and suburban areas and how towns are pushing the drive to better consolidate smart growth with limited space.
One surprising feature is that they’re appealing not just to millennials in search of a community living and working environment, but also to seniors and empty nesters. This broad appeal has towns loosening traditional zoning laws to encourage this type of development with the intention of reducing traffic and keeping tax revenue’s local. As a result, developers are competing for these projects; often benefiting from fast tract approvals and tax benefits.