The rise and rise of mixed-use precincts
Urbanisation continues to increase across the globe. According to the United Nations (UN), “The proportion of the world population living in urban areas rose from about 30% in 1950 to 54% in 2015 and is projected to rise to 66% by 2050.” As more and more people move into cities, mixed-use precincts like Harbour Arch are providing solutions to the growing demand for space. Here’s a look at what makes this type of development such a sought-after prospect.