Building Properties Garden Nursery Landscaping Guide
Building Properties For Comfortable Baby Boomers
By James R Blunt
"We’re headed toward a more compact urban lifestyle over
the next couple of decades, and mixed-use development will be
at the heart of that." John McIlwain, senior resident fellow
at the Urban Land Institute says that the best type of building
properties to invest in these days are ones where area residents
can live, work and play.
This trend is far from new, McIlwain says, as the first documented
mixed-use buildings for sale date back to the 1950s urbanization.
However, after the suburban exodus in the eighties, more and more
people want to stay in their own town centers, rather than venturing
downtown for all their commercial needs.
Urban Properties For Baby Boomers
One group of people drawn to new urbanism properties are well-to-do
baby boomers. They like the idea of comfortably aging in a resort-like
setting, where they can review their options and do all their
shopping, working and living in the same building.
In Palm Beach, Florida, some luxury communities even incorporate
fitness centers and Aveda spas into their beachfront condos. "We
believe there is going to be a great demand right now for these
properties," says Creative Choice Group President Dilip Barot,
who is working on just such a real estate investment property.
"More affluent people are getting interested in wellness
and there are more people willing to live this lifestyle."
Mixed Use Properties For Echo Boomers
Another demographic for mixed-use building properties is the
echo boomers; the children of baby boomers. Many of their parents
initially fled to the suburbs but the echo boom cohort is looking
to be right in the center of the action.
"Echo boomers want to live in a 24/7 environment with a
walking lifestyle versus suburban sprawl," explains Thomas
Jaekel of Wrightwood Capital. This crowd is not only concerned
about reducing their carbon footprint and energy consumption,
but they’re also attracted to social gathering hotspots, restaurants,
bars, pubs and concert halls. People looking to invest in real
estate need to look toward future generations of home buyers to
hedge their bets.
For building properties to be eligible for new urbanism, they
must meet several criterions. First, they must be walkable: the
community must be able to arrive easily and without hassle (otherwise
they’ll go somewhere else). Second, they must contain diversity.
The New Urbanism Avoids The Suburban Sprawl
In order for a school to function, there must be teachers, cooks,
janitors and school bus drivers all able to walk to work. Third,
these communities must be compact, as new urbanism should be the
anti-thesis of "suburban sprawl."
The physical design must also be edgy and attractive on this
USA property for people to want to spend a lot of time there,
which is why some of the world’s top designers are being called
in to work on these projects and much green space is being incorporated
into the design.
About the Author:
James R Blunt has written a number of articles on real estate, house plans,
architecture and home improvement including
Bathroom Tile Designs,
Interior Design,
Traditional House Plans,
Design Development,
Architectural Services,
Architecture.
Keep a lookout for more of his articles on this website.
Little Known Investment Properties Facts....
Have you ever thought about investment properties? These properties
could be commercial buildings, tracts of land or even foreclosed
homes that you get for a great price. Yes, it can be intimidating
going into the housing market again but it can be very lucrative
if you know what you are doing.
Rental properties are always in demand and make a great long
term investment. This is a prime time to get into real estate
and there are many resources you can turn too if you need good
advice.
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