defining mixed use: what? why? .... (how??)

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Defining MIXED USE What? Why? ... (How??) Jim Heid | FASLA, Founder URBAN LAND INSTITUTE |2013 Mixed Use Development School

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Hear insights from Jim Heid as presenter in the inaugural ULI 2013 Mixed Use Development School. What is Mixed Use? Why did it fall out of favor with developers for a period? And why is it in vogue again? What are the benefits and impediments of Mixed Use? What makes Mixed Use great?

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Page 1: Defining Mixed Use:  What? Why? .... (How??)

Defining MIXED USE What? Why? ... (How??) Jim Heid | FASLA, Founder

URBAN LAND INSTITUTE |2013 Mixed Use Development School

Page 2: Defining Mixed Use:  What? Why? .... (How??)

#1 What is Mixed Use?

A. Old Urbanism B. New Urbanism C. Gateway to Sustainability D. Planner’s Pipedream

Page 3: Defining Mixed Use:  What? Why? .... (How??)

1976

29 May 2013

‘Mixed use projects have three or more revenue producing uses that in well planned projects are mutually supporting’ Mixed Use Developments: New Ways of Land Use – Urban Land Institute 1976

Advanced Process: Mixed Use Development | ULI

Page 4: Defining Mixed Use:  What? Why? .... (How??)

Components • Hotel • Retail Mall • Office Tower • Residential Tower

Parking Garage Character • Super Block • Big • Glitzy • All at Once

Copley Place, Boston

Advanced Process: Mixed Use Development | ULI 10 June 2013

Page 5: Defining Mixed Use:  What? Why? .... (How??)

2013

“Mixed-use makes for three-dimensional, pedestrian-oriented places that layer compatible land uses, public amenities, and utilities together at various scales and intensities” http://www.placemakers.com/2013/04/04/mixed-up-on-mixed-use/

Page 6: Defining Mixed Use:  What? Why? .... (How??)

Components • Residential – Flats and attached row homes • Small main street

retail • Grocery store • Office incubator • Civic offering Character • Fine Grained • Incremental/

phased • Contextual

Capitol Riverfront , Washington DC

Advanced Process: Mixed Use Development | ULI 10 June 2013

Page 7: Defining Mixed Use:  What? Why? .... (How??)

Mixed Use vs.. Multiple Use

Image Credit: Howard Blackston

• Stratification of uses

• Requires complicated management structures

• Harder to finance

• Construction challenges

• Public realm is critical

Advanced Process: Mixed Use Development | ULI 10 June 2013

Page 8: Defining Mixed Use:  What? Why? .... (How??)

Urban Development Institute | Alberta Canada

Mixed Use vs.. Multiple Use

Image Credit: Howard Blackston

10 June 2013

• Uses separated at ground level

• Simplifies management structure

• Easier financing

• Can be more readily timed to market

• Streetfront is critical

Page 9: Defining Mixed Use:  What? Why? .... (How??)

Advanced Process: Mixed Use Development | ULI

Mixed Use, Compact and GHG Efficient

Page 10: Defining Mixed Use:  What? Why? .... (How??)

# 2 What happened to Mixed Use?

A. Euclid B. Rise of Affluence C. The Automobile D. The Capital Markets

Page 11: Defining Mixed Use:  What? Why? .... (How??)

Village of Euclid vs. Ambler Realty

“Euclidean zoning, is a practice of urban planning where everyday uses are separated from each other and where land uses of the same type are grouped together.” Wikipedia

Page 12: Defining Mixed Use:  What? Why? .... (How??)

http://safety.fhwa.dot.gov/ped_bike/univcourse/swless06.htm

Page 13: Defining Mixed Use:  What? Why? .... (How??)

“Mixed use development is often seen as too risky by many developers and lending institutions because economic success requires that the many different uses all remain in business .” Wikipedia

Page 14: Defining Mixed Use:  What? Why? .... (How??)

# 3 Why is Mixed Use now in Vogue Again?

A. Market Opportunity B. Public Policy C. Responsible Investing D. Developers Love a Challenge

Page 15: Defining Mixed Use:  What? Why? .... (How??)

….then going forward…..

Five Trends Psyche

Advanced Process: Mixed Use Development | ULI

Page 16: Defining Mixed Use:  What? Why? .... (How??)

Advanced Process: Mixed Use Development | ULI 10 June 2013

Five Trends Less Driving

Page 17: Defining Mixed Use:  What? Why? .... (How??)

Population growth1 by metropolitan location 2000-2010

Inner Ring Suburb (+5.9 M)

Mature Suburb (+3.5 M)

=1,000,000 People

Emerging Suburb (+5.1 M)

Exurb (+1.5 M)

Urban Core (-.3 M)

1 Source: Robert Lang. Based on 416 counties in the 50 largest metro areas. These contain 53.7% of total U.S. population.

Five Trends Migration

Page 18: Defining Mixed Use:  What? Why? .... (How??)

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Source:| UrbanGreen® Index Spring 2013

Five Trends Demand [email protected]

Page 19: Defining Mixed Use:  What? Why? .... (How??)

Investment

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Mixed Use

Five Trends RPI

Page 20: Defining Mixed Use:  What? Why? .... (How??)

# 4

What are the benefits of Mixed Use?

A. Adaptability + Resilience B. Reduced Parking Requirements C. Increased Yield D. Captured Value

Page 21: Defining Mixed Use:  What? Why? .... (How??)

Tod Litman, Victoria Transport Institute Parking Management, : Strategies , Evaluation and Planning

Page 22: Defining Mixed Use:  What? Why? .... (How??)

www.walkscore.com

Source: Johnson Reid

Advanced Process: Mixed Use Development | ULI

Page 23: Defining Mixed Use:  What? Why? .... (How??)

Mixed Use as Redevelopment Tool

Villa Italia Shopping Center Ca 1965

Advanced Process: Mixed Use Development | ULI 10 June 2013

Page 24: Defining Mixed Use:  What? Why? .... (How??)

Mixed Use as Redevelopment Tool

Belmar Ca 2005

Advanced Process: Mixed Use Development | ULI 10 June 2013

Page 25: Defining Mixed Use:  What? Why? .... (How??)

Advanced Process: Mixed Use Development | ULI 10 June 2013

Benefits Supports Collaborative Consumption

Page 26: Defining Mixed Use:  What? Why? .... (How??)

Advanced Process: Mixed Use Development | ULI 10 June 2013

Benefits Creates Connectivity

Page 27: Defining Mixed Use:  What? Why? .... (How??)

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Source:| UrbanGreen® Index Spring 2013

Page 29: Defining Mixed Use:  What? Why? .... (How??)

# 5

What makes GREAT Mixed Use?

A. Active Public Realm B. Integrated Uses C. Seamless operations D. Flexible, adaptable design

Page 30: Defining Mixed Use:  What? Why? .... (How??)

Mixed Use to Create Synergy

• Greater synergy

between product types • Return on investment

for public realm • Shared maintenance

costs • Matches move to

‘experience economy’

Advanced Process: Mixed Use Development | ULI 10 June 2013

Page 31: Defining Mixed Use:  What? Why? .... (How??)

Critical Elements – Street Relationships

Advanced Process: Mixed Use Development | ULI 10 June 2013

Page 32: Defining Mixed Use:  What? Why? .... (How??)

# 6 What are the impediments to Mixed Use?

A. Constructability B. Operating Structures C. Core Competencies D. Capital Markets

Page 33: Defining Mixed Use:  What? Why? .... (How??)

South Section

Page 34: Defining Mixed Use:  What? Why? .... (How??)

“There are 19 standard real-estate product types that can obtain easy financing through real estate investment trusts. Each type, such as the office park and the strip mall, is designed for low-density, single-use zoning.” Chris Leinberger, Brookings Institute