Definition
Mixed-use zoning allows residential, commercial, and office uses in the same area or building. It's creating walkable neighborhoods where people can live, work, and shop without driving. It's becoming increasingly popular and often commands higher per-unit values.
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Mixed-use zoning encourages walkable neighborhoods with housing, retail, offices, and services together. Development typically requires careful planning and often applies to urban infill projects.
Pro Tip
Mixed-use properties often outperform single-use alternatives because multiple revenue streams diversify income. These developments often appreciate faster than traditional residential-only neighborhoods.
Example
A downtown mixed-use zone allowing ground-floor retail with residential units above.