“We’re hoping the upcoming presentation at this year’s Spring Conference sheds some light for our members on just how imperative this research is for both the industrial real estate and economic development communities,” said Tate Godfrey, Executive Director, IAMC.
ATLANTA (PRWEB) May 02, 2018
The Industrial Asset Management Council (IAMC) and the Society of Industrial and Office Realtors (SIOR) will present key findings from their fourth whitepaper in the DesignFlex2030 initiative, titled “Roadmap for Change: The Flexible Distribution Facilities of the Future,” during the upcoming 2018 Spring Forum in Savannah, GA, on May 8, 2018.
In today’s digital economy, where same-day shipping has become the norm, innovative engineering solutions and automated processes can put distribution facilities ahead of the competition. Additionally, maintaining modern distribution facilities continues to be a top concern for companies, economic developers and real estate developers.
“As more and more distribution facilities become obsolete, it’s evident that technological and procedural changes need to be made in order to increase adaptability and flexibility of the facilities,” said Tate Godfrey, Executive Director, IAMC. “We’re hoping the upcoming presentation at this year’s Spring Conference sheds some light for our members on just how imperative this research is for both the industrial real estate and economic development communities.”
In response to these growing needs, the new DesignFlex2030 whitepaper outlines creative and practical suggestions on how to create a more connected, productive, and flexible network of distribution facilities as disruptive trends permanently alter supply chains in the future. These facilities can be repurposed quickly, efficiently, and cost-effectively for rapid scale-up and scale-down, technological change, scientific breakthroughs, and process innovation.
While there is no single solution to the varied and complex distribution dilemmas faced by every industry, the paper instead offers innovative ideas and concepts that can serve as a jumping off point across the range of industries. Some of the top facility recommendations include creating a of hyperlocal urban resource center and mixed-use development with the warehouse component situated beneath residential and office space. This hybrid facility could accommodate a mix of uses including e-commerce distribution center, customer pick-up, and service center.
Acclaimed firm Heitman Architects, whose design for Trumpf Company’s smart factory graces the cover of the most recent issue of Architect magazine, is the leading architectural firms on the project. Ghafari Associates, which recently took “Design Firm of the Year” honors at ENR’s Midwest awards ceremony, is the leading engineering firm on the project.
This is the fourth DesignFlex2030 paper in the series and an outgrowth of the original white paper, “Designing Flexibility into the Industrial Workplace.” “Recipe for Change: The Flexible Food Processing Plant of the Future” offered practical and innovative design solutions that would facilitate ease of repurposing and improve efficiency of food processing facilities, while “Rx for Change: the Flexible Biopharmaceutical Facility of the Future” focused solely on solutions for biopharmaceutical facilities.
IAMC is the leading association of industrial asset management and corporate real estate executives, their suppliers, service providers and economic developers. Attendees of the Spring Forum include corporations and Fortune 1000 companies involved in manufacturing, from food processing to technology. This year’s inaugural Spring forum theme, “Manufacturing and the Age of Connectivity,” will focus on leveraging resources to accommodate for a rise in customizable, small batch manufacturing within the evolving world of corporate real estate.
The DesignFlex2030 initiative explores the potential of new design approaches that could lead to more flexible, adaptable, and sustainable facilities in the future. The DesignFlex2030 papers offer recommendations for economic developers and federal, state, and local policy-makers on ways to encourage the construction of more flexible industrial facilities. IAMC, managed by Conway, is the leading association of industrial asset management and corporate real estate executives, their suppliers, service providers and economic developers. SIOR is the leading professional office and industrial real estate association that promotes and funds programs that advance the real estate profession. Cresa, an international corporate real estate advisory firm, contributed a generous sponsorship for this work. For more information, visit http://www.iamc.org.