Real estate innovation by the numbers
A new lab in the MIT Center for Real Estate (CRE) will link the creation of the built environment to economic impact, seeking to identify innovations in design and technology that will determine the future of communities and cities. The MIT Real Estate Innovation Lab (REIL) will explore three areas: innovations in building design that lead to new building types and urban forms; new processes in construction such as 3-D printing and modular construction; and new data technologies with the potential to transform the organization of cities and the built environment. “Thirty years ago, green buildings were a cutting-edge concept. Today they are the standard, not only due to their environmental benefits but because there is evidence that justifies the economic investment,” says Andrea Chegut, research scientist and director of the new lab. “Our goal will be to understand what is happening at the frontier of the built environment today, to produce...