Mixed-Use Development Projects in Orange County CA

ANAHEIM, Calif. - April 20, 2018 - PRLog -- Mixed-use developments blend residential, commercial, cultural, institutional, and/or entertainment options in an integrated approach. This is common in crowded urban centers like New York City where businesses are on the first floor and residential apartments or office space are on the upper floors.

Mixed-use developments are on the rise in Orange County and the rest of Southern California. Rents are set to increase by over 3% on average in 2018, and the average house price in Orange County is $675,000. There is a demand for more affordable residential and retail space in the region, and some hope that mixed-use developments provide a meaningful solution.

The issue facing developers is what type of mix is best for a specific area. Brick and mortar retail may no longer be in high demand due to a shift in how people spend their money using websites and e-commerce. Is there a bigger push for entertainment centers, office space, or warehouse space? How would you integrate warehouse space, and event outdoor venues like parks into the equation?

Collins and Associates in an experienced commercial property appraiser that can help guide you through commercial, residential, and even mixed-use real estate transactions.

Collins and Associates
http://www.dcnassoc.com/