Glossary

Mixed-Use Property

Definition

A mixed-use property is a real estate development or building that combines two or more different types of uses—typically residential, commercial, retail, office and sometimes industrial—within a single complex or structure. By blending functions, mixed-use properties allow people to live, work and shop in the same space or neighborhood, fostering community interaction and reducing commute times.

Common Types of Mixed-Use Properties

Real-World Examples

Project NameLocationDescriptionSize / FeaturesDeveloper(s)
RiverwalkSan Diego, CA$4 billion development integrating residential units, retail, office space and parkland4,300 homes; 150,000 sq ft retail; 1 million sq ft offices; transit stopHines & USAA Real Estate
Lincoln YardsChicago, IL$6 billion mixed-use along the Chicago River with biotech labs, homes and commercial space6,000 units (20% affordable); 1-mile riverwalkSterling Bay
The Stacks (Buzzard Point)Washington, D.C.Residential mixed-use featuring apartments, retail and pedestrian-friendly design1,100 apartments; 35,000 sq ft retail; car-free streetsAkridge & National Real Estate Development

Benefits of Mixed-Use Properties

Summary

Mixed-use properties blend residential, commercial, retail and office elements into cohesive developments that emphasize convenience, sustainability and community vitality. From small live-work buildings to billion-dollar urban districts, they embody the “live, work, play” model reshaping modern urban and suburban landscapes. For homebuyers, these projects offer lifestyle benefits and walkable amenities; for investors, they present diversified revenue streams and long-term growth potential.

Michael McCleskey