Real Estate Investor Magazine South Africa April 2014 | Page 49

ica’s People Analytics must uncover the behaviours that make communities happy, creative, effective and valued. This data must extend beyond working lives to provide insights into the 24-hour-day that revives city life. As life is fundamentally a negotiation of space our buildings are sites for social interaction and active social processes. Numerous cities have been rev ita lised through implementing successful mixed-use development. They demonstrate that for investors and developers, mixed-use projects yield significant gains, spread risks and generate synergies between complimentary tenants attracting potential purchasers from a wider variety of market sectors. This provides the developer with a higher degree of risk protection. 10 1 2 3 4 5 The vitality of the city is experienced by more residents, more workers, students and visitors. Increased choices of employment, housing and investment a re readily accessible. The public infrastructure is efficiently used and complementary hours of operation increases security within these precincts. High levels of occupancy of all the amenities and consistently strong up-take rates indicate market preference for sustainable environments. RESOURCES AMA Architects POINTS FOR LIVEABLE CITIES Plan for Long-Term Growth and Renewal Embrace Diversit y, Foster Inclusiveness Draw Nature Closer to People Develop Affordable, MixedUse Neighbourhoods Make Public Spaces Work Harder www.reimag.co.za Diversification ensures financial sustainability and the negotiation of a spacial democracy is reconciled with viability, and the future proofing of built assets. 6 7 8 9 10 REALE ESTATE BUSINESS DIRECTORY Prioritise Green Transport and Building Options Relieve Density with Variety and Add Green Boundaries Activate Spaces for Greater Safety Promote Innovate and Non-Conventional Solutions Forge “3Ps (People Public Private) Partnerships” April 2014 SA Real Estate Investor 47