How would you like to live in a luxurious Las Vegas high-rise, yet one that skips catering to drunk tourists playing slots in the lobby in favor of providing an intimate, amenity-packed escape? Or, how about a boutique getaway in Miami, with not only a branded gym in the building but also retail, restaurants, a world-renowned spa and shared workspaces?

This scenario — living spaces commingling with aligned enterprises — is emerging as a generational shift; it looks at residential real estate in an entirely new light. The two organizing poles of this industry have always been cost and location. Now, there’s a third term in the mix: dynamism. It relates to the purposeful creation of an environment that incorporates a program of retail, recreation and cultural amenities that, together, set an ultra-dynamic tone for residential living. My experience developing — and redeveloping — properties have shown me this incorporation and its potential for growth as a sector of real estate.