The enterprise model
(workspace-led)


We are now entering the third wave of the smart building. Building managers today have the real-time capabilities to adapt and reconfigure workspaces to support important workforce objectives, such as well-being, innovation, and productivity. This marks a spectacular leap into the future: the dumb container is now becoming a smart arena for new ways of working.

How did we get here? How did the tools and technologies of real-time real estate emerge?

All four typologies for the future of the smart precinct share these governing principles:

 

  • The idea of one connected community across different building uses
  • Engagement with the sharing economy
  • Fluid boundaries and flow
  • The curated precinct
  • Flexible space
  • Makerspace culture
  • A focus on well-being
  • Destination, not dead zone

The emporium model
(retail-led)


This model is built around the idea of a lively shopping center dominating a large part of the district. The main accent: smart retail destination.

In New York, the Hudson Yards development is an example of this model. It is billed as ”a triumph of culture, commerce, and cuisine” and places a big accent on being a retail destination. The plans are to house around 100 luxury and specialty stores, including Neiman Marcus, which is making its New York City debut.

All four typologies for the future of the smart precinct share these governing principles:

 

  • The idea of one connected community across different building uses
  • Engagement with the sharing economy
  • Fluid boundaries and flow
  • The curated precinct
  • Flexible space
  • Makerspace culture
  • A focus on well-being
  • Destination, not dead zone

The haven model
(residential-led)


This model is built around the idea of prime residential accommodation occupying a sizeable share of the district. The main accent: the smart home quarter.

The South Korean smart precinct of Songdo near Seoul is an example of this model. Residents in apartments can video-conference with neighbors or even attend classes remotely, using new technologies for social interaction and learning. Songdo International Business District includes homes, schools, universities, hospitals, office buildings, and cultural amenities, using smart city principles to shape its development, with sensors gathering data on traffic flow and energy use.

All four typologies for the future of the smart precinct share these governing principles:

 

  • The idea of one connected community across different building uses
  • Engagement with the sharing economy
  • Fluid boundaries and flow
  • The curated precinct
  • Flexible space
  • Makerspace culture
  • A focus on well-being
  • Destination, not dead zone

The interchange model
(transport-led)


This model is built around the idea of a transport interchange taking center stage in the district. The main accent: the smart mobility hub.

In London, the redevelopment of King’s Cross by Argent is an example of this model. The project has created a vibrant destination precinct built around an historic transport hub. This 67-acre digital district intermixes transport infrastructure with offices (including Google’s London HQ), retail/hospitality, residential, and education.

All four typologies for the future of the smart precinct share these governing principles:

 

  • The idea of one connected community across different building uses
  • Engagement with the sharing economy
  • Fluid boundaries and flow
  • The curated precinct
  • Flexible space
  • Makerspace culture
  • A focus on well-being
  • Destination, not dead zone