The concept of smart cities has gained great relevance in the field of urban planning and real estate development, due to the fact that they improve the quality of life with sustainable technologies. For example, in South Florida , several cities stand out for their innovative approach based on smart solutions. They became attractive destinations for real estate investment.
Intelligent cities: what are they?
Smart cities are defined as urban environments that intensively use Information and Communication Technologies (ICT) in order to improve the quality of life of their inhabitants. In addition, they seek to promote sustainable development (Maestre, 2015).
According to Ortiz et al. (2020), the transformation towards smart cities involves a flexible use of technological infrastructure and a close relationship with citizens. It highlights the importance of media literacy in these cities.
Characteristics of Smart Cities
Among the defining characteristics of a smart city are:
- Waste management: intelligent waste collection and recycling systems.
- Sustainable transport: infrastructure for electric mobility, efficient public transport systems and shared mobility solutions.
- Energy efficiency: use of technologies for the monitoring and intelligent management of energy consumption.
- Citizen security: video surveillance systems, smart lighting and early warnings.
Smart Cities in Florida to Invest in
Miami in the Real Estate Market
Miami is a smart city that offers excellent opportunities to invest in the real estate market. The city stands out for its diversity, dynamism and creativity. Miami uses state-of-the-art technology in construction projects to innovate in housing, offices, and retail.
An innovative aspect of these projects is modular construction. This is because they are efficiently assembled on-site. It is a method that reduces costs and waste by improving quality. In addition, it has a point: the sustainability of constructions. The CitizenM Brickell hotel, the 501 First apartment building and The Wave residential complex are projects that demonstrate that Miami is a city that is committed to innovation and real estate development.
Fort Lauderdale
Fort Lauderdale’s real estate industry offers opportunities for investment in sustainable architectures and property management.
The city has implemented several initiatives to improve mobility, sustainability, safety and quality of life for its inhabitants. For example, smart sensors have been installed to monitor traffic, parking, street lighting, irrigation and waste management.
In addition, Fort Lauderdale has created an open data platform to share information and encourage citizen participation. It has also attracted investment from innovative companies looking to develop smart city projects.
Orlando
Finally, Orlando, another jewel of Florida. It is a smart city that is committed to technological development, sustainability and the quality of life of its inhabitants. Orlando has smart mobility projects, such as the SunRail public transportation system, which connects different areas of the city and reduces carbon emissions.
It also has renewable energy initiatives, such as the Green Works Orlando program, which promotes the use of solar energy and energy efficiency in public and private buildings.
Orlando has a tech and innovation zone called Lake Nona. This includes research centers, businesses, universities, and hospitals that use IoT technology to improve health, education, and community well-being.
Orlando is, without a doubt, a city that offers opportunities for economic, social and environmental growth.
The Outcome of Investing Wisely
In conclusion, investing in South Florida smart cities provides unique opportunities in the real estate market.
To invest in Miami or another city in Florida, the key to success in real estate is information and advice. We offer you both!
At PFS Realty Group, we believe in a future where technology and sustainability converge to create smarter, more livable cities. Don’t miss the opportunity to be part of the future and invest wisely!
References
Maestre, G. (2015). Literature Review on Smart Cities: An ICT-Centric Perspective. Ingeniare, (19), 137-149. https://doi.org/10.18041/1909-2458/ingeniare.19.531
Ortiz, F. C., Aguaded, I., Civila, S., & Dias, A. (2020). Thousand cities, smart campuses and e-health: epidemiological prevention. Snap. Latin American Journal of Communication, 1(145), 197-214. https://doi.org/10.16921/chasqui.v1i145.4370