Downtown Doral

MIAMI—In real estate conferences across South Florida, developers are discussing the need to incorporate new tech into the design of their so-called “next-gen” residential and commercial developments. Yet, slow evolution of the legal, governmental and financial systems, which provide legal protection, building approvals and construction financing, are clear hindrances.

GlobeSt.com sat down with Arnstein & Lehr Attorney Louis P. Archambault, a member of the firm's Real Estate and Corporate Transactions & Counseling Practice Groups, to discuss the bumpy road ahead to accommodate driverless cars, 3D printers, Li-Fi and other tech in future projects. In part one of this interview, we explore how technology is poised to disrupt real estate development in ways we are just now beginning to imagine.

When I asked Archambault what is holding the real estate industry back to be able to embrace tech-driven changes he offered some background before he offered his perspective. He assured me technological breakthroughs will bring drastic changes to our reality, especially when it comes to real estate development.

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