“Consumers increasingly seek walkable, connected lifestyles in dense, urban environments with access to best-in-class retailers, restaurants and entertainment. Despite significant real estate investment over the last decade, many cities both big and small are still missing inviting and energized spaces where people choose to spend time outside of home and work.”
Those thoughts are according to James Linsley, president of GID Development Group. Linsley tells GlobeSt.com that real estate developers who understand how to curate projects that combine the right mix of uses and open spaces to create these active public realms will be successful.
“For instance, the Central Perimeter submarket is one of the fastest growing in Atlanta; yet, it's missing a central gathering place for the community,” he tells GlobeSt.com. “Mixed-use projects like High Street that prioritize the public realm will satisfy the market's craving for a pedestrian friendly environment with exceptional dining, open-air shopping and year-round community events.”
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