A Look at Emerging Technologies Most Likely to Impact the Commercial Real Estate Industry
The MIT lab is exploring the future of the built environment and how design and technology will affect the way humans live, work and play. The team is also developing Real Estate Innovation Life Cycle, a visualization of real estate product innovations and how they change over time. This product will be used as an industry framework for tracking and harnessing innovation impacts, which will help prepare buildings for a physical transition every five to 10 years as newly developed technology is adopted. A summary of technologies on the horizon that are likely to have a significant impact on real estate investment follows.