SAN DIEGO—The Uber for Business and Uber Central apps allow companies to provide the car service for their employees and guests, while the service itself is a game-changer for future transit-oriented development, Uber principal Max Crowley tells GlobeSt.com. Crowley was the 25th employee at Uber and is now working on special projects, where he's currently focused on the relationship between real estate and transportation, commute and how people move around between cities and within cities.
According to the firm, Uber has had an increasingly meaningful impact on real estate. For instance, traditionally businesses and homes located closer to public transit are more expensive because of the convenience. However, Uber solves the “last mile” problem of getting people from the bus or train stop to the front door. This has leveled the playing field when it comes to interest in places a bit further from public transit.
Crowley has also worked with companies that chose to partner with Uber rather than build costly parking structures and to build designated pick-up and drop-off locations within buildings. He recently spoke at the Realcomm conference here, and we caught up with him afterward to discuss how Uber is affecting the commercial real estate industry.
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