The Urban Land Institute (ULI) is responding to the structural changes in European city centres. At the suggestion of ULI member Midstad, the previous ULI Retail Council will be strategically developed and supplemented by the mixed-use aspect. In the future, the body will operate under the title Mixed-Use Council.
The realignment reflects a fundamental change. Monofunctional retail concepts are becoming less and less important, while mixed-use districts are coming into focus as more resilient and future-proof models. In addition to retail, mixed-use concepts integrate working environments, health services, education, housing, gastronomy and cultural uses, among other things. They help to stabilise frequency, increase the quality of life and strengthen city centres as social and economic centres in the long term.
