A new report from Deloitte – Innovations in commercial real estate: Preparing for the city of the future – asks whether today’s commercial properties are ready for the future. It is a good question, one that considering leads to answers that that hint at a period of disruption, challenges, and opportunities. Many residents of high rise buildings get exposed to this every time a package is delivered to them as such buildings have been configured to handle the volume of packages that arrive in today’s online commerce dominated world.
Deloitte identifies five themes in this report, most of which it refers to as enablers which, if used strategically and timely, can allow commercial property related companies to make their spaces ready for the future. These themes are:
Future of mobility*
The movement of people and goods – mobility – is undergoing massive change. A confluence of trends, most notably including the increasing prevalence of shared access of vehicles and the quickly approaching reality of fully autonomous vehicles. (read)
Occupant health and wellness
In recent years numbers of Americans have become increasingly conscious about their health and wellness. That heightened awareness has begun spilling over into work spaces and living environments. Studies have suggested that changes in indoor air quality, temperature control, and the like can result in significant productivity gains. (read)
Internet of Things
Technological innovation has has found its way to the center of every business. Connectivity is increasing among humans at an exponential pace. Now, technologies such as the Internet of Things (IoT) are beginning to enable interactions among machines also, bringing yet more change to business. (read)
3D printing technologies
Humans these days have a growing preference for personalization, with consumption trends indicating increasingly customized goods and services. The advent of 3D printing is likely to enable such customization requirements. (read)
Demographic data and predictive analytics
In today’s highly connected world, there is an abundance of information and data that is waiting to be used in meaningful ways in order to enable better and smarter decisions. Demographic data is one such information set, a significant one. (read)
*This first theme identified by Deloitte, Future of Mobility, touches on a topic we brought up a year and a half ago in our post – the title of which makes the relevance obvious – In a Future of Self-Driving Cars, Will Parking Garages be Necessary?