Register
 (photo: )
13.07.2020, 17:11

When Mixed-Use Facilities Make Sense

Urban Infrastructure, Architecture & Interiors, Urban Planning & Design, Germany

Modelling by a postgraduate researcher from the International School of Management (ISM) in Dortmund has identified factors that make mixed-use developments more attractive for developers than single-use projects in urban environments.

 

Vanessa Piller analysed planning applications in Munich to understand why, despite residential and commercial communities often coexisting side-by-side, mixed-use developments are not popular with local developers.

 

Professor Werner Pauen who heads the Master's degree programme In Real Estate Management at ISM, explains: "Two approaches, target-costing and classic real estate development were modelled in order to examine the cost-benefit ratio in more detail.

 

"The work calculates the product profile and the resulting and acceptable construction costs of a mixed-use property at the early stage of project development, taking into account the preferences of the users, in order to ensure sustainable success over the entire life cycle of the property.

 

"In addition to contractual conditions, potential market rents and in particular, factors influencing the willingness of end-users to pay were included."

 

 

 

 

 

Article rating:

vote data

Leave a reply

 (photo: Polyteck Group)
News Editor  - 30.09.2021

Residential PPM Contract Award

Polyteck Group has secured a one-year contract to provide planned preventive maintenance (PPM) services at Lillie Square, a new landscaped residential development in West London in the latest of a...

Pictured (L-R): New apprentices, Thomas Gordon, Emma Walker and Manveer Sangha. (photo: Mitie Group)
News Editor  - 28.09.2021

Mitie Welcomes Technical Apprentices

Mitie has surpassed a target of recruiting 50 new technical apprentices in 2021 with the addition of a new intake of 41 apprentices to its Technical Services Apprenticeship Programme.

 (photo: Compass Group UK & Ireland)
News Editor  - 18.12.2020

Providing 20,000 Meals to Those in Need

The Wimbledon Foundation has extended its support for organisations addressing food poverty at Christmas and beyond as part of its response to COVID-19.

 (photo: CPD Global)
News Editor  - 18.12.2020

Ecolab Named to CDP A Lists

The Carbon Disclosure Project (CDP) has added Ecolab to its A List for Climate, as well as Water Security.

 (photo: Bodet SA)
News Editor  - 17.12.2020

Enhancing Home Worker Visibility

Bodet have extended the coverage of the Kelio time and attendance software solution to staff working at home.