5 Trends From The 2024 New York Build Expo CRE Pros Need to Know

1. The Future of Sustainable Construction is Here

Real estate developers, architects, and engineers are on the lookout for innovative solutions that can drive efficiency, sustainability, and profitability in their projects.

The New York Build Expo at the Javits Center displayed all the newest advancements that are set to change how commercial buildings and skyscrapers are made.?Among these, the development of recycled concrete and geothermal heating stands out.

Companies like CarbonQuest and Pozzotive are incorporating carbon extracted from demolished buildings and recycled glass, this new concrete reduces the carbon footprint of construction materials significantly.

This innovation not only supports the creation of LEED-certified green buildings, but also aligns with Local Law 97, offering a competitive edge to developers keen on sustainability and compliance.

2. Enhancing Efficiency with Cutting-Edge Technology

Companies are working on the integration of Augmented Reality (AR) technology with building information modeling (BIM) creating a leap forward in construction project management.

AR technology allows for real-time visualization of what lies within walls and floors, transforming the way engineers, project managers, and contractors approach project management and inspections.?

This ease of use, combined with increasing precision and efficiency, can drastically reduce errors and rework, saving time and money. Furthermore, companies like IPX does scan-to-bim, offering millimeter-accurate, immersive, detailed visualization. This company strives to benefit real estate owners by helping them easily see what’s going on inside of their buildings.

3. Empowering Women in Construction

One of the pivotal themes at the expo was the empowerment of women who want to work in the construction industry. The Women in Construction seminar provided an inspiring platform for discussing the challenges and opportunities for women in traditionally male-dominated roles such as architecture, engineering, and project management.?

This focus on gender diversity is not just about equity; it’s a strategic advantage. Diverse teams are shown to be more innovative, effective, and competitive. Speakers discussed how they pushed past barriers to entry by asserting themselves and their skills to management to obtain competitive roles.?Encouraging more women to enter and thrive in the construction industry enriches the talent pool, driving creativity and filling jobs.?

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