Smarter, Healthier, And Future-Proofed Building Technology @ Tower’s 1828 L St NW (2020)
2020 has proven that changes are always coming to the real estate sector, so how can building owners future-proof their investments? With tenants now more focused than ever on health and with many firms increasing their Environmental, Social and Governance (ESG) commitments, new strategies are needed to attract and retain tenants while keeping costs low. Smart building technology is often discussed as the next advance in building management systems (BMS) because it helps otherwise disparate building systems communicate in a way that optimizes whole building performance by automating the operation. The technology can provide real-time data on occupancy, air quality, BMS points, energy use, and can even correlate tenant work orders to real-time building performance. However, despite all of the benefits, these systems can be costly and complicated to install, and a simple payback doesn’t always explain the full suite of benefits that could arise from implementation—which can stifle adoption in an inherently risk-averse industry.
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