Planned Communities

Planned Communities

Autonomous vehicles impact on the planned communities industry.

A recent article in Realtor Magazine highlights the excitement around the impact AV technology will have on planned communities.

"Prime real estate will also be unlocked for new home construction. Places once used for parking lots, auto dealerships, and gas stations will become obsolete with self-driving cars. That may free up prime real estate for housing ...Builders will be able to get significantly higher density, and consumers will be buying a home where 100 percent of the square footage is livable," Rick Palacios, Jr. writes in a Sept. 4 article tiitled "How Driverless Cars will reshape housing?" http://realtormag.realtor.org/daily-news/2017/09/05/how-driverless-cars-will-reshape-housing

Read the full article, Autonomous Vehicle technology and planned communities by Jake Polumbo, and related articles here.