Mixed-Use, Mixed Impact: Re-Examining the Relationship between Non-Residential Land Uses + Residential Property Values

Urban Planning Thesis

Steven Loehr

Elliot Sclar, advisor

Given recent trends in planning, public policy and real estate development favoring dense mixed-use development clusters in suburban communities, this thesis examined the relationship between these activity zones and adjacent residential property values. Regression analyses were used to determine the significance and direction of this relationship in seven study districts in Miami-Dade County, Florida, with the results analyzed in accordance with each district’s unique physical and contextual features. Although proximity to mixed-use districts was found to be relatively insignificant when compared with other property-oriented variables, its impact on property values varied substantially in strength and direction in different study areas and at various geographic scales. This finding suggests the importance of design and local context in planning for these developments. Moreover, proximity to mixed-use districts was found to have a consistently stronger impact on multi-family residential property values than on those of single-family residential properties.