Real Estate Disruption

by | Dec 19, 2017 | Flexible Working | 0 comments

Real Estate Disruption

Recent advancements in workplace design and smart building technology are slowly beginning to transform the workplace experience. However, we’re only in the first inning of a massive shift in the commercial real estate industry; one of the last industries to be fully disrupted by advances in technology, shifting demographics, increased globalization, and the accelerating rate of change in the world.


This is what I did read in a document created by Ryan Simonetti & Hilary Braseth, and it hits me very hard in my brain, it was like the Eureka moment described in the book Where Good Ideas Come From by Steven Johnson


Millennials, who have spearheaded the mass adoption of workforce mobility, will make up 70 percent of the workforce by 2030 (they already account for close to 50 percent). According to an annual PwC study,4 they value choice, flexibility, and experience in the places they work above all else — including salary.


For the workplace to truly evolve, it must seamlessly integrate physical space, services, and technology to create an enhanced user experience. Most importantly, it needs to become part of a larger ecosystem — one that coalesces into the entire office building or corporate campus.


Although “sharing economy” is a mainstream term today; from global trade routes to the first credit union, to collaborative consumption in the form of flea markets, garage sales, or secondhand shops. We function in an ecosystem that’s inherently and intimately interconnected. In 2013, the sharing economy was valued at $15B. By 2025, it’s expected to ring in at roughly $335B.


A recent study by Deloitte confirmed that sensory deployment in the commercial real estate industry is likely to grow at a compound annual rate of 78.8 percent between 2015 and 2020, growing to nearly 1.3 billion sensors.


By 2020, nearly 50 billion connected devices will have the capability of plugging into an office building.


A standard technology ecosystem for smart office buildings also creates a tremendous opportunity to redefine how physical spaces can be restacked to better serve its tenants. The commercial office building of tomorrow will be a self-sufficient ecosystem that’s comprised of offices and retail but also dedicated residential, wellness, hospitality, and social community spaces that are seamlessly integrated with each other.


Residents within the smartest office buildings will not only be able to access and consume work-life-play services and amenities, on-demand and under one roof, but the operating platform will learn and better predict these needs over time. Just like IOS or Android powers our “smartphone” today, this foundational operating system will power the “smart buildings” of 2030.


The easiest way to improve how the world works is to improve how businesses work.


Within this context, the largest commercial real estate shift of the next 20 years will be brought about by an industry leader that fully integrates a work-life-play ecosystem, powered by technology, that can flex to anticipate the needs of any commercial tenant.


VenturePoint believes that this new offering will include:

• Seamless end-user technology

• Best-in-class hospitality

• Lifestyle amenities and services

• Premium pre-built modular offices

• High-touch meeting, event, and collaboration spaces


This landlord of tomorrow will build integrated work-life destinations instead of desks — where people truly enjoy the experience of their office environment, find purpose in their work, and are motivated to solve the big challenges of our time. Companies that can’t afford to “build” will need to lean on partners such as VenturePoint,  to infuse hospitality services, flexible workspaces, and technology into office buildings around the country.


VenturePoint must change the way the world works by creating places (not spaces) that transform the workplace experience, inspire creativity, and bring happiness to our work.


VenturePoint Scope

VenturePoint is a company that offers flexible office space services to established entrepreneurs.


Our vision is based on the new way of working, which, thanks to technology, is in constant evolution since technology directly influences the habits of human beings, and therefore in their way of working, this is why VenturePoint is always looking for the most advanced technology to offer our clients the services that make their business more efficient.


We know that mobility is part of the new way of working since mobile phones have given us the freedom to work wherever and whenever.


For this reason, VenturePoint offers the office service at that moment in which the entrepreneur needs to have the physical space but who recognizes that he needs the flexibility of being able to adapt to the new business environment and that does not tie him to a physical space.


Hence, VenturePoint is looking to offer office space at different points so that the customer can use them according to their convenience at that time.


But at the same time, it offers you the standardization of the same spaces, that is, that you receive the same services in each of these spaces as if you were in your same office but in different cities or places.


VenturePoint knows that the only way to achieve this vision is by using technology in their favor, that’s why we are constantly looking at how to improve our services via technology since this is how we can increase the flexibility and reach in a very efficient way.


VenturePoint in different cities, offering office services and virtual assistants.

We see that when a member enters one of our facilities they are detected through their phone and then according to their profile the technology starts to give information pertinent to their own business, such as the balance of their checking accounts, read your emails, give updated information about the situation of your company, what are your tasks and meetings of the day, and even have your cup of coffee ready according to your tastes.


When your guest arrives, he will be welcomed through the system and will indicate in which meeting room the meeting will take place, and that previously the meeting room has been reserved and that according to the needs of that meeting the amenities are reserved.


We see that we can have a modular system to build a new building in a pad site build to suite in weeks and that is ready to operate. Key on hand.


Is this like the Jetsons? maybe, but just remember in May 2007 the iPhone was launched and 10 years ago, just 10 years ago, nobody thought of UBER or Airbnb.


Posted by Luis Escobar on December 19th, 2017


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