In stark contrast to the McMansions discussed in our last blog, these three words have been increasingly used to describe the trending Mixed-Use projects that we’re working on today. In the past, Mixed-Use Developments consisted of a residential component and a commercial component being integrated into one site. Many times, in urban areas, apartments or condos were built over retail …
During the last housing bubble, we saw large homes that seemed to be getting larger and larger. This led to the term “McMansion” being born. A “McMansion” (a play on the McDonald’s supersized culture) refers to a large house in a tract-built subdivision. These houses were sometimes constructed using a combination of low-quality materials and craftsmanship, as well as utilizing …
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