Mixed Use Developments: Are they right for you?
Information provided by Kyle Franklin of Kyle Franklin Realtor | 225.405.6728 | Keller Williams Realty Premier Partners, Denham Springs | Licensed in the State of Louisiana | 225-664-1911 | Each office independently owned and operated
Mixed Use Developments: What are they?
A mixed use development is exactly what it sounds like. Residential real estate such as apartments and condominiums pair with commercial property- such as restaurants, retailers, and business offices to provide a space where individuals can live, work and play in one place.
What are the Pros for Mixed Use Developments?
They Provide a Sense of Community
Cue the Cheers theme song: "Where Everybody Knows Your Name"! Because mixed use developments are like "mini cities" within a city, you become familiar with the people around you. Your neighbors, grocer, and waitress/bartender know you on a first name basis. People tend to look out for one another and the safety of the community which is just one of the many benefits of being part of a community.
They Benefit Your Health and the Environment
Walk or cycle to work, to shop, or just to get out of the house. When most everything you need is only a few blocks away their is no need to drive or ride the bus. Doing this gets you moving and saves the environment from extra pollution from motor vehicle. Also, most mixed use developments have green spaces that you can enjoy. In general, mixed use developments are built in urban areas protecting green space, environmentally sensitive areas, and rural areas. It's another way of being environmentally responsible.
Promotes Economic Growth
Because mixed use development provide commercial space, local businesses have a chance to expand. With its residential development they bring more permanent residents to the area. Businesses in the surrounding area benefit with the addition of new residents.
Where you choose to live should benefit your lifestyle. If living in a mixed use development appeals to you, let me help you find the one that is perfect for you! Visit my website to search the mixed use developments in or near Baton Rouge.
For more information email me or 225.405.6728.