There are some pros and cons which I will discuss. Smart building data will touch every aspect of the multifamily industry, and the revolution is just getting started.This has been my first time living in Omaha and overall I am very pleased with my stay. These examples show a breadth of use cases, but we barely scratched the surface of possibilities. Making the Most of Smart Building DataĢ019 is the year to harness your smart building data. In the event of a fire, for example, Alertus will unlock all doors in the building. It also connects with smart buildings to manage access control, building systems, and camera systems. Alertus is one such system that provides emergency mass notifications for university campuses, K-12 schools, healthcare centers, and corporate buildings.Īlertus sends out mass notifications to occupants in the event of an emergency. In response, multifamily developers are turning to resilient design technology and smart notification systems. Earthquakes, tornadoes, and higher temperatures all threaten the well-being of residents and buildings. While the east coast faces hurricanes and flooding, the west coast is battling some of the worst wildfires in its history. Wolf Ridge at Centennial residential building at North Carolina State, where Alertus has become part of standard emergency protocolĬlimate change is already having an impact on property values in affected areas. No more watching hours of video to find a ten-second clip. Perhaps the coolest part about AI security cameras is your ability to search for events, like “people approaching side entrance” or “people walking between 4am-6am”. Some cameras can even recognize guns, like the Athena Security Camera. Smart security cameras can analyze video and identify events like theft and loitering. Smart building data gets even more interesting with AI-powered security systems. Brivo also provides real-time video security for the entire property. Residents have keyless access to their unit and amenity rooms, but still have a physical key for back up. Lifestyle Communities (LC), a multifamily developer with communities in five cities, installed Brivo systems to increase security and create a distinctive resident experience. With smart access control systems like Brivo, property managers can set door schedules and manage permissions for employees, residents, and guests. Rendering of Lifestyle Communities RiverSouth location in Columbus, Ohio Nest runs a program called Nest Energy Partners that helps property managers equip their building. Smart thermostats like Nest can learn the habits of occupants and make adjustments throughout the day. Utility optimization also means keeping residents comfortable at all times. In 2016, AvalonBay received more than $140,000 in rebates. During peak utility usage times– like in the middle of a summer heatwave– the company receives rebates for reducing their energy consumption. The new data has enabled AvalonBay to participate in energy demand response programs. “With the smart meter, you’ve got a 15-minute delay to learn the footprint.” “We used to have to wait to get the utility bill to see the consumption,” said Mark Delisi, Vice President of Corporate Responsibility for AvalonBay. Working with energy technology company ETS, AvalonBay installed smart meters that provide invaluable data to the property management group. Data from smart building technology has helped AvalonBay properties in New York City save hundreds of thousands of dollars in utility costs.
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