The planning of mixed use developments, comprising a single building or sites accommodating several uses such as residential, hotel, commercial, industrial, entertainment, education, medical or recreation, are becoming more common. Decreasing availability and the increasing cost of land, soaring fuel costs and the desire of people to live nearer to their workplaces, are instrumental in promoting mixed used developments.
TPG NSW understands the opportunity for mixed use developments to deliver higher yields, spread risks, generate synergies between complementary tenants and attract potential purchasers from a wider variety of market sectors. There are also a range of environmental benefits such as lower car dependency and the incorporation of new, environmentally efficient materials and designs.
However balancing these benefits with the practicalities of mixed use development such as the need for appropriate separation of entrances, pedestrian and lift access, and practical solutions for everyday disturbances to residents, requires complex and creative design.
The Planning Group NSW has advised on many mixed use developments and has the necessary knowledge of planning instruments and design requirements to deliver optimum project outcomes.
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