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Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, 'big box' stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2–10, with retail on floor 1. When space allocated ...
An apartment building can be owned by one party and each of the apartments rented to tenants or each of the apartments can be owned as a condominium by separate parties. Mixed-use building – a building with space for both commercial, business, or office use, and space for residential use.
Office buildings by quality [3] [4] Trophy or 5-star building: A landmark property designed by a recognized architect Class A or 4-star building: Rents in the top 30-40% of the local market; well-located; above-average upkeep and management; usually older than a trophy/5-star building
Story at a glance The number of vacant commercial buildings transformed into apartments jumped by more than 17 percent last year, according to a report from RentCafe. Since 2010, more old and ...
The Lyon Apartments join a planned project at 418 E. Grand Ave. that recently scrapped a plan for commercial space on its second floor, shifting to residential. The decision added 27 units ...
Within the City of Toronto's zoning by-laws, commercial residential includes "a range of commercial, residential and institutional uses, as well as parks." [32] Mirvish Village's programmatic uses include rental apartments, a public market, and small-unit retail, [33] while also preserving 23 of 27 heritage houses on site. [34]
An apartment hotel or aparthotel (also residential hotel, or extended-stay hotel) is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company.
5-over-1 or over-1s, also known as a one-plus-five or a podium building, [1] is a type of multi-family residential building commonly found in urban areas of North America. [ 2 ] [ 3 ] The mid-rise buildings are normally constructed with four or five wood-frame stories above a concrete podium, usually for retail or resident amenity space.
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