As Demand for Parking Changes, CRE is Impacted
All across time, transportation has stood as a major factor in shaping civilizations. A culture’s mobility effects not only the daily lives of those who live there - but also the region’s contextual building plan. In our ever-advancing global society, new technologies are completely reshaping metropolitan and suburban design schemes. These trends extend all over the world, ushering in a massive industry-wide effort aimed at adapting to meet mobility’s new slew of demands. The expanded array of vehicles intrinsically tie into the sphere of CRE, as they require specific accommodations, storage, and parking facilities. The current trends and technologies affect the planning and development of modern multifamily, office, and retail sectors.