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ARTICLE · 10 FEBRUARY 2016

Mixed Use Development: A Balancing Act

McCarthy Tétrault
McCarthy Tétrault
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McCarthy Tétrault

McCarthy Tétrault

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Mixed use developments are steadily increasing. The main challenge remains ensuring enhanced residential occupants' experience, with a good tenant mix, while allowing developer's overall project.

CanadaReal Estate and Construction
Annie Gagnon-Larocque
Annie Gagnon-Larocque
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Mixed use developments are steadily increasing. The main challenge remains ensuring enhanced residential occupants' experience, with a good tenant mix, while allowing developer's overall project. Lawyers working in multi-use development will need to foresee and take into account all different interests at play, and provide for flexibility for the long-term development vision of their clients, yet ensuring stability and balanced rights for commercial tenants and residential co-owners.

From a lifestyle point of view, residential occupants will want to be close to the action, with readily accessible amenities and interesting retail offers while maintaining a quality of life, with reduced noise, adequate safety and limited nuisance: how to strike the right balance? Both the legal and physical components of the project will be paramount in the balancing act required from the developer and its lawyer. Not only will care and long-term focus will be required in drafting the

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