Is a Mixed-Use Property Right for My Business?

As a business owner, choosing the right location is paramount. The environment in which your business operates can significantly impact its success. One option worth considering is a mixed-use property. These developments combine residential, commercial, and sometimes even industrial spaces within a single property. Here’s why a mixed-use property might be the perfect fit for your business and a couple of situations where it might not be the best option.

Walkability and Convenience

Mixed-use buildings offer unparalleled convenience. Imagine having everything from coffee shops to gyms and medical clinics right at your doorstep. This setup is incredibly beneficial for both employees and customers. Employees can enjoy the ease of grabbing a quick coffee before work or hitting the gym during lunch breaks without the hassle of commuting. Customers appreciate the convenience of having multiple services in one location, enhancing their overall experience and increasing the likelihood of repeat visits.

Greater Exposure to Customers

One of the standout advantages of mixed-use properties is the increased visibility and foot traffic they offer. Businesses located in these developments benefit from proximity to retail spaces, which naturally attract more people. This constant flow of potential clients and customers can lead to greater brand exposure and higher sales. The synergy between different types of businesses creates a vibrant and dynamic environment that draws people in.

Smarter Resource Use

Sharing common infrastructure, such as utilities and parking, across different uses is another significant advantage of mixed-use properties. This setup optimizes resource utilization and reduces costs. For example, a single parking facility can serve both residential and commercial tenants, maximizing space and minimizing expenses. This efficient use of resources contributes to the overall sustainability and cost-effectiveness of mixed-use developments.

Amenities and Location

Mixed-use properties often come with attractive amenities like communal spaces, EV charging stations, and generous parking. These features not only enhance the quality of life for residents but also provide additional perks for businesses. Moreover, mixed-use developments are typically situated in vibrant, well-connected neighborhoods. This prime location ensures easy access to transportation, entertainment, and other essential services, making it an appealing choice for businesses looking to attract and retain talent.

When Mixed-Use Properties May Not Be the Best Option

While mixed-use properties offer numerous benefits, they may not be suitable for all businesses. For example, companies that require large, dedicated spaces for specialized equipment or manufacturing processes might find the shared infrastructure and proximity to residential areas limiting.

Mixed-use buildings can enhance convenience, reduce risk, and provide exposure to a diverse customer base, making them a smart choice for many businesses. However, it’s essential to carefully consider your specific business needs and objectives before making a decision. If you’re looking for a dynamic, convenient, and resilient location for your business, a mixed-use property might be the perfect fit. Reach out to Lang Development Group to explore our diverse portfolio of mixed-use properties and find the ideal space for your business to thrive.

 

Lang Development Group: Premier Retail Spaces in Newark, Delaware

Looking to establish your retail business in a vibrant, bustling environment? Lang Development Group offers exceptional retail spaces in Newark, Delaware, perfectly suited for stores, boutiques, restaurants, cafes, fitness centers, beauty shops, and various service providers. These prime locations, adjacent to the University of Delaware, benefit from a large student population and significant foot traffic.

108 East Main Street

This expansive 5,500 square foot space is part of a striking 3-story, 30,000-square-foot mixed-use building. Positioned at the rear of the building, it is easily accessible with dedicated signage and a welcoming walkway from East Main Street. Currently used as a dance studio with three large open studios, it is ideal for dance, gymnastics, fitness centers, and sports training facilities, or can be customized as needed to become office or retail space. This space ensures both visibility and convenience for your clientele.

124 East Main Street

This prime retail space, located at the bustling intersection of Center St. and Main Street, offers 10,900 square feet of room for your business. Positioned at a high-traffic corner, it ensures maximum exposure to both pedestrian and vehicular traffic. Previously occupied by Walgreens, the space comes with existing infrastructure that may benefit various retail setups, offering convenience and potential cost savings. With a triple net lease arrangement, tenants can manage expenses predictably. This exceptional opportunity in downtown Newark’s commercial hub is surrounded by a vibrant mix of shops, restaurants, and other businesses, making it an ideal spot to establish your brand.

164 East Main Street

Discover customizable commercial space in the vibrant heart of downtown Newark. Spanning approximately 4,606 square feet, this retail/office space is divisible into two distinct units of 2,554 and 2,052 square feet. Located on Main Street, this prime spot guarantees maximum visibility and foot traffic, especially with its proximity to the University of Delaware and popular dining spots like Klondike Kate’s and Iron Hill Brewery. Featuring ample windows for natural light and on-site parking, this space offers an inviting ambiance and seamless accessibility, perfect for mixed-use purposes.

600 Creek View Road

Embark on a culinary adventure in this captivating restaurant space, spanning 4,800 square feet, located on Creek View Road. This prime location within the burgeoning Creek View development features numerous windows inviting abundant natural light and a 2,500 square foot outdoor dining patio overlooking White Clay Creek. The proximity to amenities like a community theater, commercial/professional buildings, and new– and existing apartment complexes ensures a steady stream of patrons. With free on-site parking and brand-new construction awaiting your creative touch, this space is ideal for a modern bistro, brewery, or cozy neighborhood eatery.

Lang Development Group’s retail spaces offer prime locations, modern amenities, and the flexibility to suit a wide range of business needs. Whether you’re aiming to capture the attention of the University of Delaware’s student population or looking for a dynamic downtown spot, Lang Development Group has the perfect space for your retail business. Contact them today to learn more and secure the ideal location for your business success.

Newark Planning Commission Unanimously Approves Lang Development Group’s Comprehensive Plan for 30 South Chapel Street

Newark, DE – May 7, 2024 – The Newark Planning Commission unanimously approved the Comprehensive Development Plan Amendment, Rezoning, and Major Subdivision for Lang Development Group’s proposed project at 30 South Chapel Street on Tuesday. The development will consist of two five-story apartment buildings with a total of 80 residential units and 3,448 square feet of commercial retail space on the site that was previously home to Burger King.

The approval of the project, identified as PR#22-12-03, marks a significant milestone for Lang Development Group and for the ongoing development of the South Chapel Street corridor. With the green light from the Planning Commission, Lang can move forward with detailed planning, construction, and permitting processes. The project represents an opportunity for continued growth and revitalization in Newark, while providing additional housing and commercial options for the community.

The approval process involved thorough reviews by several key city departments, including electric, parks and recreation, police, and the fire marshall. Each department conducted careful evaluations and provided specific comments and recommendations to ensure the proposed development aligns with safety regulations, city planning guidelines, and community needs.

According to the submitted plan, the two new apartment buildings will bring modern housing options to the area, complementing the existing infrastructure. The inclusion of commercial retail space is also anticipated to attract businesses, fostering a vibrant mixed-use environment for residents and visitors alike.

With the Planning Commission’s unanimous approval, the project will next go before the Newark City Council for further consideration and final authorization. This is a critical step in the development process, as the City Council will have the opportunity to review the project in detail and determine its overall impact on the community and city planning objectives.

The project has the potential to create new jobs, provide housing solutions, and contribute to the local economy, with the added benefit of enhancing the urban landscape.  Considering these changes, local stakeholders have reacted positively to the approval, eager to see this long-vacant site transformed into a vibrant, modern addition to the city of Newark.

For more detailed information, interested parties can refer to the official documents provided by the City of Newark and the certification of plan approval. The city’s ongoing support for community development projects underscores its commitment to fostering a vibrant and sustainable future.

As the Lang Development Group project progresses through its next phases, the community can look forward to seeing its vision for the South Chapel Street site take shape. If approved by the City Council, construction could begin in the coming months, marking an exciting chapter for Newark’s growth and development.

 

Lang Development Group: A Trusted Partner for the Evolving Needs of Delaware Businesses

In today’s fast-paced business landscape, flexibility and adaptability are key. Companies need partners who understand their evolving needs and can offer solutions that grow alongside them. For businesses in Delaware, Lang Development Group has emerged as a trusted partner, providing a diverse range of commercial properties and an unwavering commitment to tenant satisfaction.

A Comprehensive Portfolio for Diverse Business Needs

Lang Development Group’s portfolio reflects the vibrant tapestry of Delaware’s commercial landscape. With properties designed to suit a variety of business types, Lang is uniquely positioned to accommodate the ever-changing demands of the region’s economy. Whether you’re seeking a spacious office, a trendy retail space, a fully equipped restaurant or brewery, a medical office or facility, or even a dance studio, Lang Development Group has you covered.

The company’s properties are strategically located throughout northern Delaware, offering businesses prime locations that enhance visibility and accessibility. With sites in bustling commercial districts and growing suburban areas, Lang Development Group’s diverse selection ensures that businesses find the perfect setting for their specific needs.

Seamless Expansion Options for Growing Businesses

One of the most challenging aspects of business growth is finding space to accommodate it. Lang Development Group makes this transition easier by offering a range of expansion options within its properties. Whether you need additional square footage in your current building or are considering relocating to a nearby site, Lang’s extensive portfolio provides the flexibility businesses need to thrive.

This versatility is particularly valuable for businesses experiencing rapid growth or changing requirements. It allows companies to scale their operations without the logistical headaches of finding new property owners or dealing with extended downtime. With Lang Development Group, the path to expansion is clear and straightforward.

Exceptional Maintenance and Tenant Support

A critical component of any successful property management company is its ability to respond quickly and effectively to tenant needs. Lang Development Group’s exceptional maintenance team sets the standard for excellence. They are always on hand to address any issues that arise, from routine maintenance to unexpected repairs.

The team’s swift response time and attention to detail ensure that businesses experience minimal disruption, allowing them to focus on what they do best: serving their customers and growing their brand. This high level of support underscores Lang Development Group’s commitment to tenant satisfaction and underscores why so many businesses choose to stay with us for the long term.

Buildings Designed to Meet Business Requirements

Beyond location and support, Lang Development Group’s properties are designed with businesses in mind. Each building is thoughtfully constructed and equipped with the amenities and infrastructure that businesses require. From parking and modern utilities to high-speed internet connectivity and flexible floor plans, these spaces are designed to meet the unique needs of Delaware’s diverse business community.

Lang Development Group understands that no two businesses are alike, and our approach reflects this understanding. Whether you’re launching a new venture or expanding an existing one, you can trust that our properties will align with your operational requirements.

In a world where business needs are constantly changing, having a reliable partner can make all the difference. Lang Development Group offers not only a diverse range of commercial properties but also a commitment to supporting our tenants every step of the way. With a focus on flexibility, exceptional maintenance, and buildings designed to meet the needs of modern businesses, Lang Development Group is the partner Delaware businesses can count on as they navigate the journey of growth and success.

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