School of Cities interim director Matti Siemiatycki, an associate professor of geography and planning, says the rewards of mixed-use developments can have huge pay-offs for both residents and developers.
Siemiatycki and U of T master’s of planning alumna Clara Shipman, studied mixed-used developments, partnerships that bring together public, private and non-profit stakeholders to create innovative residential, commercial and civic buildings.
Siemiatycki told the National Post he and his School of Cities colleagues are now working to “supercharge this development model by being proactive about bringing partners together.”
“In almost all of the examples we have studied, there was a realization by stakeholders that they would be better off working together instead of taking the traditional winner-takes-all approach,” he said.
Siemiatycki cites the Daniels Waterfront development on Queens Quay East as an example of creative mixed-used development. The site will include two residential towers, office space and an outdoor atrium with shops and eateries. Non-for-profit Artscape, OCAD University and House of Cool animation studios are also among its tenants.
“A cohort of developers has realized that projects are more profitable, that resident lifestyle is improved, and that communities are more vibrant when they embrace a broad, diverse and creative mix of land uses.”
Read the article in the National Post