Home Real EstateCommercial Real Estate Mixing it up: New trends in affordable neighborhoods

Mixing it up: New trends in affordable neighborhoods

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Over 40,000 people drive into Collier County each day, many of them to jobs in a community where they can’t afford to live.

The lack of affordable workforce housing has prompted officials to encourage land developers to build activity centers that combine commercial properties with residential neighborhoods in a mixed-use setting where residents live and shop.

Studies show this concept can reduce housing costs and ease traffic on arterial roadways. Barron Collier Companies, owner of Magnolia Square in Naples, plans to convert that commercial property into apartments, and several other activity centers are under construction throughout Collier County.

Stephanie Spell, C2 Communications

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