Talk about Mixed Use
As a fully integrated engineering firm, Krystal Allied large and diverse pool of in-house experts for each building type are ideally suited to deliver the varied and often contrasting demands of such projects to accommodate multiple facility uses.
Mixed-use is a form of integrated and pedestrian-friendly development that typically combines two or more uses, including residential, commercial, and institutional.
Mixed-use developments are attractive business propositions as tenants will have more foot traffic from consumers, making tenant attraction easier. Portfolio risk is diversified across different property types which makes it less susceptible to disruptive forces that affected single-use properties for example standalone office spaces which have lost business as a result of the sharing economy.
With the increase in demand, governments are supporting through accommodative zoning regulations while lenders are increasingly accepting this as a good form of investment as it offers risk diversification. Financial REITs and real estate players are also increasing their focus on mixed-use developments.
