Commercial Real Estate: COVID 19 Will Impact Buildings of the Future
Everything evolves over time and how things are built is no exception. Architects strive to make everything more modern, taller, sleeker, energy efficient etc.
Events, for better or worse, mold and affect the way we live our lives and the things we create.
History Tells the Story
In the past fires were major hazards to areas where people lived and in 1808 the Royal Opera House in London was destroyed by one. So, in 1812 architect William Congreve designed and installed the first fire sprinkler system at the Theater Royal in London.
Today in the U.S. and Canada, it is required that mandatory fire protection systems be installed in all buildings. More recently after the terrorist attacks on September 11th changed the way high-traffic buildings are allowed to be entered.
To increase the safety of occupants we now have metal detectors, security cameras and even ID required for entry of certain buildings.
Even our weather has impacted architecture.
Hurricane Sandy hit in 2012 and that event influenced how buildings are constructed in low land elevations. Buildings constructed in lower elevations are required to be equipped with flood barriers to be activated during extreme weather.
The Impact of COVID 19
We are now experiencing a disease pandemic. For most of us the first we have ever witnessed. We’ve been warned for years about the possibility of a pandemic and the fact we were completely unprepared.
It has changed taken lives, changed lives, it has broken businesses and disrupted our economy. We will all go back to a “new normal” soon but the remnant of this pandemic will remain with us forever.
COVID 19 Will Change the Landscape of our Future
We will have to adapt to new rules and regulations; there will be changes as to how we will design new buildings and renovate existing structures.
The construction and renovation of buildings will have to adapt in order to mitigate the risk of infection and virus spread, and to not only stop the pandemic but also to avoid future viruses’ outbreaks and disasters.
As an example, think of walking into a hospital and seeing a water fountain you have to touch in order to dispense the water. This will soon be a thing of the past.
We don’t realize how many things we touch every single day.
Will washing stations or sanitation stations be required beside every doorknob?
What about how we activate building elevators? Will they be voice or motion activated?
The list is long. How far will it be taken? Only time will tell. One thing is for sure, there will be many changes.
Real Estate Matrix is one of the Southeast’s premier commercial valuation firms and has participated in the valuation of billions of dollars in real property assets.
We would appreciate the opportunity to add you to our very long list of pleased clients. You can give us a call or click here to fill out our Free Quote Appraisal Form.
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