The internet has changed our lives significantly over the past 10 years. Not only has it altered how we live and shop, but it’s also had a major impact on the commercial sector.
The commercial buildings of today are very different to how they used to be and they’re continually evolving thanks to technology. Here, we’ll look at how commercial buildings are changing due to online trends.
The introduction of smart buildings
Today’s businesses are expected to be well-connected and up-to-date with the latest technology. Unfortunately, the majority of standard commercial premises just didn’t measure up in terms of connectivity and modern functionality. So, to keep up with the latest online trends, commercial premises have started to get smarter.
Smart buildings are designed to offer maximum connectivity while also lowering energy consumption and promoting a more open working environment. There are different types of smart buildings starting to pop up, each designed for specific sectors. Smart schools are being developed to provide a more effective learning environment, smart factories are being designed to reduce energy consumption and smart offices are being used to enhance employee comfort and boost productivity.
As time goes on, smart buildings will ultimately likely replace the majority of commercial premises.
Reduction in retail premises
Throughout the past couple of years, a surprising number of major retailers have closed their bricks and mortar stores. This is all down to the rise in eCommerce.
As more people choose to shop online, there is now a reduced need for actual offline retail premises. Of course, that isn’t to say bricks and mortar stores are completely redundant. In fact, many businesses could take advantage of the lack of competition and grab themselves a bargain property in a great location.
Telecommuting is becoming more commonplace
As the world becomes better connected, the way in which we work is dramatically changing. Employees are no longer restricted to an office setting. Telecommuting is starting to become much more common, with many employers giving their workers the opportunity to work remotely.
This, combined with flexible hours, means the standard commercial building isn’t necessarily the best option anymore. A lot of companies starting out are taking advantage of telecommuting, hiring completely remote staff to help run the business. Some companies are also taking advantage of serviced offices, allowing their workers to share an office space with other professionals.
Overall, commercial buildings have changed a lot in recent years. Online trends are certainly having an effect on the commercial real estate industry. While it’s unlikely bricks and mortar stores will end up completely redundant, the way in which they are designed is likely to change significantly as technology advances.