5 Ways Technology Is Driving Real Estate Development
Technology increasingly affects development and real estate decisions as online shopping preferences change and consumers pay more attention to energy conservation and depend more on their smartphones.
More consumers are demanding same-day delivery options and developers are adjusting building plans accordingly.
Attorney Doug Praw said, “There is large industrial space coming online to support all of these fulfillment centers. Some of the assumptions that we’ve made about the Internet wiping out big-box retail has proven false. Now you can have Google and Amazon do same-day delivery.”