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In recent years, developers, businesses and communities have realized the benefits of mixed-use properties, and their development has been supported by new zoning laws and other incentives in many areas. As a result, they have grown in popularity. With only one published BOMA standard that applied to office space, the measurement of the floor areas in these mixed-use properties has presented challenges to developers, property managers, design professionals and others in the real estate industry. There was a clear need for a measurement standard addressing mixed-use properties. Therefore, in 2000, BOMA International embarked upon an expansion of published measurement standards with the intent of publishing this standard for the measurement of mixed-use properties.
This publication, Mixed-Use Properties: Methods of Measurement, enables a user to consistently:
- Classify the floor areas of a mixed-use property onto use components, parking components, and mixed-use common areas.
- Measure the exterior gross areas of use components for office, industrial, retail and multi-unit residential use components, for which rentable area, gross leasable areas or unit areas are individually measurable using measurement standards published by BOMA .
- Measure the exterior gross area of use components for which BOMA International does not publish specific measurement standards, such as hotels, theaters, institutional and civic uses, and of parking components.
- Measure the exterior gross areas of mixed-use common areas and fairly allocate those areas among all use components and parking components within a mixed-use property
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Questions?
Do you have questions about the BOMA Measurement Standards? The BOMA International Official Interpreters can help.
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