“Smart” buildings are not a new concept. In 1983, The New York Times featured an article titled “‘Intelligent’ Buildings Using Computers,” which talked about Cityplace, “the world’s first intelligent building” located in Hartford, Connecticut.
Reeling from the coronavirus pandemic and the growth of emerging technologies from the nation’s top laboratories, commercial real estate (CRE) is repositioning itself to accommodate the demand for life sciences space.
With massive investments, widespread adoption, and a growing list of technological feats, Artificial Intelligence (AI) demonstrates every appearance of a sure winner, perhaps the next big thing that will radically change society, much of the economy, and with them, commercial real estate (CRE).
The evolved workplace is here, something not at all like the traditional offices last seen in 2019. As a result of the pandemic, a revised relationship now exists between organizations and employees. A new middle ground is beginning to emerge, a more welcoming and supportive environment where new creative office environments play a central role.
Employee needs have shifted dramatically in the last three years. The task of recruiting and retaining employees has begun to extend beyond the traditional compensation package. What matters now is not just how and where employees work, but the means in which employers demonstrate how much they value the contributions of employees. Here we take a glimpse at the current labor market and some of the ways businesses are getting creative with benefits and job perks to attract and retain workers.
This past summer, thought leaders in South Carolina’s capital city of Colombia gathered to honor the outstanding women, past and present, who helped shape our country’s 18th state. The occasion was the official unveiling of Architecture of Strength, an impressive monolithic sculpture and a daily reminder of women’s profound contribution to the community and beyond.
Due to the increased pressure produced by the wake of COVID-19, commercial real estate (CRE) industries such as the life sciences have had to accelerate innovation to stay afloat. Similarly, industrial saw a rise in demand for space to support the sector’s new and expanding activities. Let’s look closer at the Life Sciences Boom and how CRE has taken strides to accommodate its growth.
Commercial real estate (CRE) relies heavily on social trends and technology to stay current and competitive. One of the latest developments to have captured our collective imaginations is the metaverse, perhaps because of its sci-fi sounding name — or, due to the investments made in the technology by global brands, FinTechs, and even celebrities. A potentially multi-trillion dollar opportunity buoyed by nearly 400 million current users (projected to reach five billion by 2030), the metaverse may be poised to become the next big tactic in business strategy.
As a powerful supporting driver of Commercial Real Estate (CRE), e-commerce has shown how it can endure, even through a pandemic and supply chain shutdowns. Learn more about how e-commerce has helped maintain a steady demand for space — and how the Industrial sector is responding.
Amidst the ongoing crisis, built environments are at the front lines of change and will play a huge role in creating a more resilient world going forward. Office architects are re-envisioning the future of the workplace—where and how we work. Unfortunately, there is no crystal ball to predict exactly what the new future-oriented office will look like, but what we do know is flexibility and adaptability will be key in resilient design.
Converging factors have aligned in the commercial real estate (CRE) industry, initiating a forward shift toward environmental sustainability. The coronavirus pandemic, climate change, the push for social justice and a new influential generation of workers have all played a hand in necessitating sustainable CRE development.
As a corporate priority, companies are now making tangible moves to create value through Environmental, Social and Governance (ESG). But what does it really mean beyond the buzzwords and terminology? In KBS’ three-part series, we’ll take a deep dive into each element of ESG — and its strategic application to the commercial real estate industry (CRE).