Category Archives: Innovation Updates

Innovation Update: Recity

Description: Recity has developed the first-of-its-kind real estate software that tracks urban development, with on-demand insights and visualizations.   The platform includes forward-looking information that enables real estate professionals and their clients to discover new business opportunities and accelerate deals. Historically, development data has been very difficult to find and tracked manually by individuals or business groups within an organization. With Recity’s web and mobile applications, real estate professionals can access on-demand information about any type of commercial or large residential development in the pipeline to make smarter, faster decisions. To … Read More

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Innovation Update: Sharing Power: Doing Well by Doing Good in the District with Community Solar

If you have a rooftop or a parking lot in DC, you could add revenue-generating potential to your existing property while sharing affordable clean power with your neighbors. Description of Groundswell Community Power: All of us who live and work in the local community that is Washington DC enjoy some of the nation’s most forward-looking clean energy policies and incentives, including a community solar law that was implemented last year. Community solar enables DC businesses and residents to purchase solar electricity generated by small-scale solar arrays located anywhere in the … Read More

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Innovation Update: Colliers International Accelerate Program

Accelerate Descriptions: Colliers International has launched its Accelerate Program, a comprehensive, two-year training program in the Washington, DC region.  The only commercial real estate training program of its kind in the area, this training gives young brokers the opportunity to gain the experience, knowledge, and mentorship to fast track their careers.  Colliers first introduced the program in 2013 in Toronto and Vancouver, Canada and then in 2015 launched in in New York and Los Angeles. Why it is transformative for the real estate industry: Accelerate turns the traditional apprenticeship program … Read More

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Innovation Update: Transit-Oriented Development’s Return on Investment

Metro has created a new tool that that quantifies the relationship between land use and rail ridership.  It helps estimate ridership and revenue from transit-oriented development projects near Metrorail stations.  WMATA planning staff worked with the University of Maryland’s National Center for Smart Growth to create the tool to help people understand the large changes in ridership in the system and why certain station areas – like Navy Yard and NoMa – were showing ridership gains while the system as a whole is experiencing losses in thelong arc of ridership growth.   To find out more about the … Read More

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Innovation Update: Smartsite

Description of SmartSite SmartSite LLC is a small, rapidly growing company founded in 2008 – providing construction management and related products and services supporting residential site/lot development (i.e. earthwork, paving, and utilities infrastructure). Started by entrepreneurs Frank Duduk and Pat Hobbs, SmartSite has operated from the beginning and grown adhering the principals of the “Triple Bottom Line” (or 3 P’s – People, Planet, Profit) – a framework where social (People) and environmental (Planet) performance are central considerations in addition to the traditional financial performance (Profit) measures. In today’s world all … Read More

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Innovation Update: Aquicore

News Aquicore, a leader in real-time data collection and analytics for commercial real-estate, secured $5 million in Series A funding led by Kiddar Capital, a forerunner in smart city venture capital, with Navitas Capital, a Silicon Valley-based venture capital firm focused on real estate, and intelligent building solutions. Aquicore offers owners and operators of commercial portfolios a powerful and flexible platform to deploy, collect and analyze real-time electricity, water, and gas data with unprecedented ease. Description of Innovation Aquicore offers comprehensive energy analytics and automation solutions for commercial real estate, … Read More

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Innovation Update: CivicViz

Description of CivicViz CivicViz is a web-based community engagement platform that helps land use and development groups obtain and examine community input through online surveys. The service lets developers poll the community about a proposed development and use the results to support their project applications. For any instance where community input is sought, the CivicViz platform creates a project website that features any supporting documents and images for the community to review. Community members then take a survey and the results are mapped based on the respondent’s address. With the … Read More

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Innovation Update: The Residences at Thayer Avenue

The Residences at Thayer Avenue is a 52-unit, mixed-income development located at the edge of the central business district of Silver Spring, Maryland just north of Washington, DC. The apartments offer an exceptional level of connectivity and walkability. Metrorail’s Silver Spring station and several bus lines – as well as public parks, grocery stores, restaurants, and an elementary school – are located within a half-mile of the building. Affordable housing that offers this level of transit access and walkability brings low- and moderate-income households within easy reach of the jobs … Read More

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Innovation Update: GM’s, personal mobility brand, Maven, comes to D.C.

Description of Maven Since the launch of General Motors new on-demand car sharing brand, Maven, just four months ago, members have driven more than one million miles. Maven continues to gain momentum and is rapidly growing into new markets, including Washington D.C. Later this summer, the District will welcome two Maven services. The first, Maven+, is the brand’s residential offering, with an exclusive hub of shared vehicles for residents of particular buildings in urban cities. In D.C., that spot is the Hepburn, a new 195-luxury apartment community opening on the … Read More

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Innovation Update: CITY Market at O

A decade ago, it would have been hard to imagine dogs frolicking on the roof, kids eating ice cream, or young professionals sipping wine at seventh & O Streets, NW a site that once housed a single story grocer surrounded by a sea of surface parking, in this once blighted neighborhood notorious for derelict buildings and crime. Today, this corner boasts one of DC’s most extraordinary development projects – City Market at O, a project that has catalyzed over $1B in new investment and now ranks among the city’s trendiest … Read More

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