Technology is evolving at what sometimes feels like an accelerating pace. The entire NASA organization in 1969 did not have as much processing power as an iPhone 7 does today. We’ve gone from the (at the time) cutting-edge 1G world of “brick phones” in 1981 to […]
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“The way you view the future shapes how you act, and how you act shapes the future,” opened technology and innovation futurist Daniel Burrus in his keynote presentation to CRE.Converge 2018 attendees. Sure, there are cycles in every industry, including commercial real estate, but there are […]
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The Hudson Tunnel, through which 450 trains carry 200,000 passengers every day, was constructed before the Titanic first sailed and soon after the Wright Brothers first flew. It’s time for an upgrade. The Portal North Bridge, which takes trains over the Passaic River in that same […]
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Billion-dollar headlines dominated newscasts in 2017. Hurricanes Irma, Maria and Harvey inflicted damage totaling $65 billion, $102 billion and $198 billion respectively. Wildfires in Northern California wrought $9.4 billion in damage, a June hailstorm in Minnesota cost $2.5 billion, drought in the Dakotas and Montana cost […]
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As health care systems consolidate and consumers expect easier access to medical care, empty storefronts and abandoned shopping malls are increasingly transforming into health care hubs. CVS now operates more than 1,100 MinuteClinics within its pharmacies as well as some Target stores, and recently bought the […]
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In an unusual move for a massive company, last year Amazon publicly released a request for proposals as the first step in its search for a second corporate headquarters. Dangling the prospect of 50,000 new jobs and $5 billion in capital expenditures before North American cities, […]
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Malls are dying (or have they officially been declared dead?). Former retail giants like Toys R Us and Sears are closing stores and filing for bankruptcy. From Mattress Firm, the largest mattress retailer in the U.S., to footwear and apparel company Nine West, the outlook for […]
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In a two-part session at CRE.Converge 2018, experts shared the requirements they’re seeing from users in the industrial and office spaces, and how buildings can stay flexible as tenant needs and market demands change. Gensler’s Global Design Synergy Leader and Regional Managing Principal Jordan Goldstein, AIA, […]
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If you’re familiar with the movie Moneyball (based on a nonfiction book of the same name), you know that in the film, the Oakland Athletics general manager and assistant manager take a unique approach to building their baseball team within the constraints of their limited budget. […]
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Remember the story of the Harvard students who created that online social network? No, not that one. The original one. Few people know that a half decade before Mark Zuckerberg formed Facebook, another group of freshmen entered the university looking for a way to meet new […]
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