Remember these guidelines for mixed-use building management.
Mixed-use buildings offer dense suburban areas a taste of the city; some could even be in the heart of a city, such as Silver Spring, Frederick, or Baltimore. These miniature city centers offer locals a convenient mix of housing, jobs, and amenities, such as food, clothing, and furniture. While there are many beloved mixed-use building developments out there, running one is a great responsibility. Let’s take a look at the main mixed-use building management challenges out there and how to handle them.
Challenges of Mixed-Use Building Management
Maintaining the Balance Between Commercial and Residential
Commercial and residential building occupants have very different needs and wants, not to mention people who do business with the commercial occupants. Commercial and residential tenants both want clean and safe environments, but commercial tenants value having a prime business location visible to pedestrians, while residential tenants value privacy and quietness. A mixed-use building must meet both demands.
Harmonizing Commercial and Residential Schedules
Business teams and residents usually have different schedules, too. Businesses might need trucks to unload supplies early in the morning, while residents might want to wake up later and stay up later. Coordinating schedules for trash pickup, business deliveries, and more can prevent conflicts. In addition, soundproofing walls and keeping plumbing, electricity, and HVAC systems separate between residential and commercial zones will also promote fair billing.
Maintaining the Health and Safety of Two Different Property Types
Mixed-use property management also involves the ongoing maintenance of the health and safety of both commercial and residential zones. Both zones need strict pest control, fire safety, HVAC and plumbing maintenance, and common area cleaning.
Tips for Managing Mixed-Use Buildings
Starting with a Great Design and Policy
A mixed-use building can run smoothly and become very popular if it has a great design, helping businesses reach customers and residents to feel safe and private. Policies for both parties need to be clear in order to establish orderly harmony between zones and each other.
Fostering Communication
Strong communication is key to encouraging satisfaction among everyone involved. Foster edifying partnerships by hosting meetups, making your contact information clear, and using secure technology that every occupant of the mixed-use building can join.
Carrying out Property Management Professionally
Mixed-use property management is a full-time job. If you are looking for professional aid in Frederick, Maryland, Clagett Enterprises is here to help!
Trust the Professionals at Clagett Enterprises for Your Realty Needs
If you’re looking for an experienced property management company, the perfect realtor for your property, or a professional to assist you during your purchase of any home, you can rely on Clagett Enterprises. Clagett Enterprises is a full-service real estate company with almost 30 years of experience in the Frederick and Western Maryland area. For assistance with commercial sales, leasing, management, and development and consulting, contact us online or give us a call at 301-665-6009. To meet our team and see some of our beautiful homes, follow us on Facebook and Linkedin.