Preview of Urban Land Tech Special Issue

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SMART CITIES

TRANSPORTATION

BIG DATA

SIDEWALK’S TORONTO

FROM SCOOTERS TO SKYPORTS

PUTTING DATA TO WORK

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urbanland® U R B A N L A N D. U L I .O R G VO L U M E 7 8 , N U M B E R 5

PUBLISHER

Catherine Gahres

TECHNOLOGY 2019

urbanland VO L U M E 7 8 , N U M B E R 5

®

U R B A N L A N D. U L I .O R G

catherine.gahres@uli.org E D I TO R I N C H I E F

Elizabeth Razzi

elizabeth.razzi@uli.org C O P Y E D I TO R S

James A. Mulligan

james.mulligan@uli.org

David James Rose

30 Driven by Data How will emerging technologies shape cities?

david.rose@uli.org A R T D I R E C TO R

Betsy Van Buskirk

betsy.vanbuskirk@uli.org O N L I N E E D I TO R / B O O K S E D I TO R

Brett Widness

brett.widness@uli.org P R O D U C T I O N D I R E C TO R

Craig Chapman

craig.chapman@uli.org S E N I O R M A N AG E R , G LO B A L A DV E R T I S I N G

Mary Sumner

+1 202-753-4777/mary.sumner@uli.org Urban Land® (ISSN 0042-0891) is published five times a year in January, April, July, September, and November by the Urban Land Institute, 2001 L Street, NW, Suite 200, Washington, DC 200364948; urbanland.uli.org ©2019 the Urban Land Institute, all rights reserved. Receipt of Urban Land is a benefit of membership in the Urban Land Institute. Single and multiple copies are available through ULI Publications Orders (800-321-5011 or e-mail: bookstore@uli.org).

Opinions expressed in articles or columns appearing in Urban Land are those of the author(s) or person(s) quoted and are not necessarily those of Urban Land or of the Urban Land Institute.

Advertisements appearing in the magazine do not constitute or imply endorsement by Urban Land or the Urban Land Institute. Urban Land assumes no responsibility for the loss of unsolicited manuscripts or graphics. The contents of this publication are protected by copyright and may not be reproduced in whole or in part or in any form without written authorization. Article proposals for Urban Land can be sent by e-mail to Elizabeth Razzi (elizabeth.razzi@uli.org).

Letters can be sent by e-mail to elizabeth.razzi@ uli.org. Submissions are subject to editing for clarity, style, and length. Urban Land’s editorial calendar, editorial and graphics specifications, and photo permission agreement forms can be requested from Elizabeth Razzi at elizabeth. razzi@uli.org. To request permission to reprint Urban Land articles, contact Brett Widness at brett.widness@uli.org.

Postmaster: Send address changes and circulation inquiries to Urban Land, Member Services Division, ULI, 2001 L Street, NW, Suite 200, Washington, DC 20036-4948. Periodicals postage paid at Washington, D.C., and additional mailing offices. Printed in the U.S.A. Urban Land print articles, along with additional original content, are posted regularly to the Urban Land online magazine, Urbanland.uli.org.

56 32 Outlook for Property Technology Members of ULI’s new technology product councils in Asia Pacific and Europe join members of the Technology and Real Estate Council in the Americas to share their thoughts on questions related to proptech.

32 Americas 36 Asia Pacific 40 Europe

53 Sidewalk Lays Out a Path to the Future in Toronto PATR ICK L. PHILLIPS

56 Tomorrow’s Transport: Pie in the Sky? KEVIN B R ASS

The talk about futuristic transportation has been exciting, but reality may be more expensive—and farther off—than imagined.

46 The Smarter City PATR ICK J. KIGER

In Toronto, Sidewalk Labs has sketched out an ambitious vision for a high-tech urban environment designed with human needs rather than technology in mind. Whether it will come to fruition remains unclear.

COVER: HEADQUARTERS FOR NVIDIA, A COMPUTER GRAPHICS TECHNOLOGY FIRM I N S A N TA C L A R A , CALIFORNIA. DESIGN

BY GENSLER.

SMART CITIES

TRANSPORTATION

BIG DATA

SIDEWALK’S TORONTO

FROM SCOOTERS TO SKYPORTS

PUTTING DATA TO WORK

PHOTO: JASON O’REAR

TECHNOLOGY 2019

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TECHNOLOGY 2019

urbanland®

64 Landwrites

U L I G LO B A L B OA R D O F D I R E C TO R S Owen D. Thomas, ULI Global Chairman Thomas W. Toomey, Immediate Past Global Chairman Douglas D. Abbey, ULI Foundation Chairman John R. Chandler, ULI Americas Chairman Juergen Fenk, ULI EMEA Chairman Nicholas Brooke, ULI Asia Chairman W. Edward Walter, ULI Global Chief Executive Officer Thomas R. Arnold, Treasurer Peter Ballon, Secretary Marty Burger, At Large Goodwin Gaw, At Large Patricia Healy, At Large Anne Kavanagh, At Large Roy March, At Large Constance B. Moore, At Large Amy Price, At Large Wayne Ratkovich, At Large Ralph Rosenberg, At Large Francois X. Trausch, At Large

64 How to Implement a Smart Building J O H A N N E S NUSS BAUM

A nervous system capable of collecting data and a brain that is able to make use of it are vital to a system that meets the needs of stakeholders—and society.

67 Involve the Public in Data Collection for Better Results I B E N FA LCO NE R

Principles for making cities smart—for the people in them.

67

U L I G LO B A L G OV E R N I N G T R U S T E E S

18 Developments 10 Women Receive WLI Prologis Achievement Awards Registration Opens for 2020 ULI Europe Conference ULI’s Annual Report for FY2019 Developments Win ULI Excellence in Affordable and Workforce Housing Award ULI Housing Policy Leadership Award Winners Announced

21 Inside the ULI Foundation

24

Support Is Vital for Expanded Technology Research

24 ULX Smart Buildings R O N N Y R EN

Ten buildings make use of intelligent technologies to enhance the tenant experience, save energy and other resources, and gather data to help with building operations.

73 Tech Takeaways

84 Back Page

PATRI CK J. KIGER A N D M I K E S H E R IDA N

Expect 5G to Slow Its Roll as It Enters Buildings

Technology and innovation were hot topics at the 2019 ULI Fall Meeting in Washington, D.C. These are some of the insights that speakers and attendees shared.

R OB PEGOR A R O

Commercial structures could be a formidable barrier to 5G wireless.

Departments 14 CEO Perspective 17 This Issue

registry of advertisers

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1VALET . . . . . . . . . . . . .Outside back cover www.1valet.com

COEO SPACE. . . . . . . . . . Inside back cover www.coeospace.com

Louisville Forward . . . . . . . . . . . . . . . . . . . 6 www.louisvilleky.gov/louisvilleforward

AIA Contract Documents . . . . . . . . . . . . 29 www.aiacontracts.org

CrowdStreet, Inc.. . . . . . . . . . . . . . . . . . . . 3 www.crowdstreet.com

Power Design . . . . . . . . . . . . . . . . . . . . . . 15 www.powerdesigninc.us

Airworks . . . . . . . . . . . . . . . . . . . . . . . . . . 45 www.airworks.io

DISH Network LLC . . . . . . . . . . . . . . . . 10,11 www.dish.com

Premium Parking . . . . . . . . . . . . . . . . . 12,13 www.premiumparking.com

Amerant Bank . . . . . . . . . . . . . . . . . . . . . . 2 www.amerantbank.com

Real Massive . . . . . . . . . . . . . . . . . . . . . . 16 www.realmassive.com

Baker Barrios Architects, Inc. . . . . . . . . 61 www.bakerbarrios.com

Economic & Urban Development Department, City of Las Vegas . . . . . . . . 1 www.lasvegasnevada.gov/Business/ Economic-Development

Berkshire Residential Investments . . . . . 9 www.berkshireresi.com

First American Title . . . . . . . . . . . . . . 22,23 www.firstam.com

Bractlet, Inc.. . . . . . . . . . . . . . . . . . . . . . . 15 www.bractlet.com

Hord Coplan Macht . . . . . . . . . . . . . . . . . . 4 www.hcm2.com

City of Moreno Valley . . Inside front cover www.morenovalleybusiness.com

K-Water . . . . . . . . . . . . . . . . . . . . . . . . . . . 81 english.kwater.or.kr/eng/main.do?s_mid=4

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W H O ’ S W H O AT U L I A N D T H E U L I F O U N DAT I O N The Urban Land Institute is a nonprofit education and research organization that was founded in 1936. Its mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide.

TECHNOLOGY 2019

Ten-X, Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . 5 www.ten-x.com View . . . . . . . . . . . . . . . . . . . . . . . . . . 62,63 www.view.com Westfalia Technologies, Inc. . . . . . . . . . 16 www.westfaliaparking.com

Douglas D. Abbey; Stuart Ackerberg; Tetsuji Arimori; Thomas R. Arnold; Peter Ballon; Patricia Barrigan; Phil Belling; Gero Bergmann; Gary Berman; Stephan Bone-Winkel; Ryan Botjer; Jonathan H. Brinsden; Jürgen Bruns-Berentelg; Marty Burger; Robert G. Byron; Joseph C. Canizaro; Daniel M. Cashdan; Benjamin Cha; James J. Chaffin; Albert Chan; John R. Chandler; Nathalie Charles; Hei Ming Cheng; Christopher Choa; Donald Choi; Khoo Teng Chye; Simon Clark; Michael Cochran; Frank Cohen; Franz Colloredo-Mansfeld; Alison Cooke; Sarah Cooper; Clare De Briere; Xavier Denis; Jeffrey A. Dritley; Sigrid Duhamel; Scott Dunn; Ame Engelhart; David Faulkner; Kevin Faxon; Rosemary Feenan; Juergen Fenk; Antonio Fiol-Silva; Harry H. Frampton; Marnix Galle; Jeffrey Gates; Goodwin Gaw; Jonathan Geanakos; Alexander Gebauer; David Gilbert; Stuart Grant; Richard Green; Greenlaw Grupe; Greta Guggenheim; Mary M. Hager; Jill Hatton; Patricia Healy; Sophie HenleyPrice; Peter Holland; George Hongchoy; Jeffrey D. Horowitz; Karen Horstmann; Lars Huber; Brad M. Hutensky; Yu-Ning Hwang; Brian A. Jackson; Monica Jindia; Patrick Kanters; Anne Kavanagh; Michael F. Kelly; Richard A. Kessler; Phil Kim; James D. Klingbeil; Bryan J. Koop; Henrie W. Kotter; William Lashbrook; Ric Lewis; Thai Ker Liu; Jane Lloyd; Keith M. Locker; Mary K. Ludgin; Susan MacDonald; William C. MacDonald; Ian Mackie; Todd W. Mansfield; Roy Hilton March; Steven Marsh; Lauralee E. Martin; Robert Mathews; Jodie W. McLean; Michael McNamara; Sharmil Modi; Constance Moore; Brian Moran; Hiroo Mori; Kelly Sewell Nagel; Daniel M. Neidich; Dionne Nelson; Jeremy Newsum; Robert O’Brien; Blake G. Olafson; Philip Payne; Patrick L. Phillips; Kari Pitkin; Roger Platt; Amy G. Price; Richard T.G. Price; Stephen R. Quazzo; Dale Ramsden; I. Rocke Ransen; Deborah Ratner Salzberg; Alan F. Riffkin; Joseph B. Rose; Ralph Rosenberg; Wendy Rowden; Randall K. Rowe; Raymond Rufino; Peter S. Rummell; Christian Schede; N.H. Seek; Edward Siskind; John So; K.K. So; Hilary Spann; Michael Spies; Gayle Starr; Martin Stern; Van J. Stults; Jon Tanaka; Marilyn Jordan Taylor; J. Ronald Terwilliger; Lynn Thurber; Jaap Tonckens; Thomas W. Toomey; François Trausch; Bob van der Zande; D. Michael Van Konynenburg; Sophie van Oosterom; Guido Verhoef; W. Edward Walter; Megan Walters; K. Jay Weaver; Kavindi Wickremage; Leslie Woo; Takashi Yamamoto; Smedes York; Jon H. Zehner; Kevork A. Zoryan

ULI LIFE TRUSTEES Nicholas Brooke; Joseph Brown; James DeFrancia; Wayne Doran; Robert Engstrom; Gerald Hines; Stuart Lipton; Bowen McCoy; Alexander Otto; Henry Paparazzo; Wayne Ratkovich; James Todd U L I F O U N DAT I O N B OA R D O F D I R E C TO R S Douglas D. Abbey, ULI Foundation Chairman Owen D. Thomas, ULI Global Chairman W. Edward Walter, ULI Global Chief Executive Officer Ralph Rosenberg, Treasurer Greg Vogel, Secretary Constance B. Moore, ULI Global Board of Directors Member Stephen C. Conley, Annual Fund Chair Andy Martin, Europe Charitable Trust Chair James D. Klingbeil, Chairman Emeritus Bruce Etkin, At Large Michael D. Fascitelli, At Large John Healy, At Large Stephen R. Quazzo, At Large Geoffrey Stack, At Large Jeffrey L. Swope, At Large Thomas W. Toomey, At Large U L I E X E C U T I V E S TA F F T E A M W. Edward Walter, Global Chief Executive Officer Gwyneth Cote, President, Americas Cheryl Cummins, Global Governance Officer John Fitzgerald, Chief Executive Officer, ULI Asia Pacific Phillip Horn, Chief Advancement Officer Adam Smolyar, Chief Marketing and Membership Officer Michael Terseck, Chief Financial Officer Lisette van Doorn, Chief Executive Officer, ULI EMEA U L I F E L LOW S Ralph Boyd, Senior Resident Fellow for Leadership and Strategy Tom Murphy, Senior Resident Fellow, ULI/Klingbeil Family Chair for Urban Development Edward T. McMahon, Senior Resident Fellow, ULI/Charles Fraser Chair for Sustainable Development and Environmental Policy

10/17/19 4:27 PM