Mixed use works for business

Picture the scenarios. Workers in high-rise office buildings, surrounded by more high-rise office buildings – not a park, a bit of greenery, or an open space in sight. Or, they’re working in an office park near roughly nothing. What do they do over lunch? When or where do they go to relax or take a break? Where can they get lunch, grab a coffee, or do their shopping? How long do they have to travel to get there and how far do they have to go to take care of their daily needs – grocery stores, pharmacies, doctors’ rooms, health clubs, restaurants, coffee shops… etc.

Compact and uncomplicated

All over the world people are choosing to scale down and they’re doing so for various reasons. In many cases, it includes a more compact living space, and property developers have responded to this trend. Locally, the Amdec Group, South Africa’s leading developer of New Urban lifestyles, is incorporating it in much of their forward-planning.

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.

Why buying in the city makes sense

The first residential tower of the Amdec Group’s Harbour Arch development is almost sold out. And this is in spite of a tough property market in Cape Town. So, what is it that makes buying in the city CBD such an attractive option for buyers and investors? There are several reasons, including the following four.