How To Avoid Mixed-Use Mayhem: Choices and Consequences In Establishing Mixed-Use Condominiums

Even though the residential market is experiencing a downturn, developers continue to permit and construct mixed-use condominiums in Boston and elsewhere in Massachusetts. These projects have become increasingly complex, with residential, hotel, commercial, and retail uses sited on small parcels.  In addition, these projects often contain shared parking, MEP systems and other common elements, which all serve to create challenges in facility design, structuring, and management. This session explored some of the interesting issues that practitioners face with mixed-use condominiums in the representation of developers, lenders, buyers/owners, commercial tenants, and condominium associations.