![](https://images.globest.com/cdn-cgi/image/format=auto,fit=contain/https:https://images.globest.com/contrib/content/uploads/sites/296/2019/11/pg064.jpg)
In a prestigious office tower minutes away from Philadelphia'sCity Hall in the heart of its downtown, you can find a Primroseschool, one of a national system of accredited private preschools.You can also find one at a 53-acre mixed-use community inBrookhaven, GA, which features residential units and 66,000 squarefeet of retail space. In the Grant Park submarket of Atlanta, thereis a Primrose School occupying the space where an obsoletewarehouse used to sit.
Move over street-level retail and green walking trails. Thelatest amenity for mixed-use projects is a school, according to JoKirchner, CEO of the educational institution. There are more than25 million children under the age of 5 living in the US today andthe majority of their families live in child care deserts, sheexplains. Which is certainly of interest to city and schoolofficials, but mixed-use developers? Yes, Kirchner says. "Primroseschools, for instance, draw in parents twice-a-day,five-days-a-week, many of whom are higher-income millennials—themost active generation of homebuyers in the nation."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.