Contrary to popular belief, ATMs are not going the way of the dinosaurs–at least, not anytime soon. They remain extremely popular: Over $400,000 in cash withdrawals are made every second from 3.2 million ATMs around the world—that's 17 percent of global GDP.
Dozens of buildings crumpled when a deadly earthquake hit Mexico City in 2017, but its gleaming Torre Reforma survived with just a few cracks. It's often said 'Earthquakes don't kill people, buildings do'.
The future of work is flexible: A third of the workforce in the US is now freelance. Many companies, including larger ones, are opening their doors to an alternative workforce composed of contractors, freelancers, gig workers, and crowd workers because of their ability to enhance organizational performance.
Construction is one of the least digitized industries in the world, mainly due to challenges and complexities of its supply chain. While the industry has been relatively slow to respond to the digital revolution that took the world by storm, structural changes are pushing for rapid digitization.
The sharing economy has shifted society's mind-set from ownership to access, disrupting every possible industry imaginable. And no more is this disruption evident than in the short-term accommodations sector. In 2018 alone, Airbnb had more than 5 million listings in 191 countries and 400 million cumulative guest arrivals.
Today, approximately one in three Americans rent. Demand for apartments and multifamily living spaces is at an all-time high. Last year, the multifamily market saw dramatic growth, with a 15 percent jump in apartment transactions totaling nearly $168 billion.
Adaptive reuse is on an unprecedented rise. Within the coming decade, experts estimate that 90 percent of real estate development will involve adaptive reuse of existing buildings instead of constructing new ones.
It wasn't very long ago— just a few decades— that every building began with a pencil and a piece of paper. Architects designed large buildings by drawing onto sheets of paper taped together to create a canvas hundreds of feet long.
In the hospitality industry, access management is crucial for commercial success. It contributes to guest satisfaction and a solid reputation for those in the hospitality business. Effective access management can greatly benefit hotels. For one, electronic locks and mobile access technology provide seamless room entry and enhanced security for guests.
Workplaces have evolved from cubicles and private offices to open-plan layouts and shared spaces. Many workers feel cubicles and closed-door offices have been a hindrance to collaboration, so breaking walls down was a natural next step to make way for open-plan offices.
For 60 years, the Charlottesville-Albemarle Airport (CHO) in Virginia has proven small but mighty. Its terminal takes up just an acre and a half with 50 flights that take off and arrive daily from a single runway. For comparison, the Hartsfield-Jackson International Airport in Atlanta, located an eight-hour drive south, has a terminal complex of over 156 acres with 2,700 flights daily.
Numerous studies show that a building's design has the potential to reduce the risk of crime. Crime Prevention Through Environmental Design (CPTED) is a method of design that uses aesthetically pleasing principles while also reducing both the vulnerability to and the opportunity for crime.