An editorial from John McManus at Big Builder Online says that the downturn in the economy is pushing developers to break out of the single-family housing box and experiment with mixed-use.
McManus takes a look at the economic outlook for the construction business over the next 1-2 years and concludes that the market will stay down. However, the more adventurous, he says, will try multifamily housing:
"Most home builders have steered clear of multifamily businesses because the financial modeling and capital structures necessary are entirely different. But considering the fact that investors are clamoring to put smart capital to work in multifamily, and at least some builders have the skill sets or the adaptability to play in that real estate and construction game, it's perhaps time we'll see some builders who've coveted a multifamily operations unit--Toll Brothers, for instance--at least give it a hard look."
FULL STORY: Will Single-Family Players Sit Back as the Multifamily Opportunity Takes Shape?

Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.

Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.

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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.

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