The design-build constructionmodel has quickly risen in popularity in the wake of rapidly risingconstruction costs. The model helps curb costs by getting all ofthe stakeholders in a room early to create a highly efficientconstruction process. Mixed-use assets are driving a lot of thatactivity. The asset class is one of the fasted growing in the US,and design-build has become a staple for these projects.

"Mixed-use is one of the fastest-growing sectors of developmentin the U.S., and is a primary driver for today's commercialdesign/build projects," Barry Caylor, VP ofbusiness development at design-build construction companyOTL, tells GlobeSt.com. "A 2017 NAR study revealedthat the majority of Americans—53%—prefer to live in walkablecommunities."

In addition to consumer preferences, the pillars of thedevelopment process have also seen the benefits of bringing moreintegrated and walkable communities to market. "Beyond theseconsumer preferences, developers, architects, city leaders and manyothers in the commercial real estate industry are increasinglyrecognizing the bottom-line value of creative placemaking," saysCaylor. "By building walkable communities with a mix of product andinfusing these destinations with landmark design/build featuressuch as water features, outdoor living rooms, art, and othercentral elements that attract people, property owners are findingdeep ROI."

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.