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Smart Building Integration into a Smart City: Comparative Study of Real Estate Development

Author

Listed:
  • Rasa Apanaviciene

    (Faculty of Civil Engineering and Architecture, Kaunas University of Technology, Studentu str. 48, LT-51367 Kaunas, Lithuania)

  • Rokas Urbonas

    (Faculty of Civil Engineering and Architecture, Kaunas University of Technology, Studentu str. 48, LT-51367 Kaunas, Lithuania)

  • Paris A. Fokaides

    (Faculty of Civil Engineering and Architecture, Kaunas University of Technology, Studentu str. 48, LT-51367 Kaunas, Lithuania
    School of Engineering, Frederick University, 1036 Nicosia, Cyprus)

Abstract

Smart buildings and smart cities are not the future perspectives anymore—the smart building integration into a smart city is an actual question for today and tomorrow. Development of smart buildings not only enhances the smart city concept but also promotes positivity to the urban development and national economy, and increases the quality of life of the whole population reacting to global challenges of sustainability. The innovative smart building and smart city technologies enable us to overcome these challenges by being employed through all real estate (RE) project development stages. The Evaluation Framework for Real Estate Development in Smart Cities created by the authors provides the possibility to assess the existing as well as to forecast future RE projects integration into a smart city during the whole life-cycle stage. The practical application of the presented evaluation framework was illustrated by the comparative case study. Based on the created smart building integration into a smart city evaluation framework for real estate development, 10 RE projects in Lithuania and over the world were assessed and rated by selected criteria relevant to different RE development stages. The evaluation results revealed that, especially at the design and construction stages, the existing intelligence of RE projects and/or cities is insufficient. Although real estate projects are technologically advanced as single entities, the integration into smart city networks is limited by interoperability capabilities of the cities or by different strategic goals settled by real estate developers.

Suggested Citation

  • Rasa Apanaviciene & Rokas Urbonas & Paris A. Fokaides, 2020. "Smart Building Integration into a Smart City: Comparative Study of Real Estate Development," Sustainability, MDPI, vol. 12(22), pages 1-22, November.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:22:p:9376-:d:443333
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    References listed on IDEAS

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    1. Seunghwan Myeong & Yuseok Jung & Eunuk Lee, 2018. "A Study on Determinant Factors in Smart City Development: An Analytic Hierarchy Process Analysis," Sustainability, MDPI, vol. 10(8), pages 1-17, July.
    2. Rasa Apanaviciene & Andrius Vanagas & Paris A. Fokaides, 2020. "Smart Building Integration into a Smart City (SBISC): Development of a New Evaluation Framework," Energies, MDPI, vol. 13(9), pages 1-19, May.
    3. Appio, Francesco Paolo & Lima, Marcos & Paroutis, Sotirios, 2019. "Understanding Smart Cities: Innovation ecosystems, technological advancements, and societal challenges," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 1-14.
    4. Appio, Francesco Paolo & Lima, Marcos & Paroutis, Sotirios, 2019. "Understanding Smart Cities: Innovation ecosystems, technological advancements, and societal challenges," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 1-14.
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    Cited by:

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    2. Ioannis Vardopoulos & Maria Papoui-Evangelou & Bogdana Nosova & Luca Salvati, 2023. "Smart ‘Tourist Cities’ Revisited: Culture-Led Urban Sustainability and the Global Real Estate Market," Sustainability, MDPI, vol. 15(5), pages 1-26, February.
    3. Shirley Kempeneer & Michaël Peeters & Tine Compernolle, 2021. "Bringing the User Back in the Building: An Analysis of ESG in Real Estate and a Behavioral Framework to Guide Future Research," Sustainability, MDPI, vol. 13(6), pages 1-12, March.
    4. Zheng Wen Lie & Qing Liang Zheng & Shiyuan Zhou & Hozan Latif Rauf, 2022. "Virtual energy-saving environmental protection building design and implementation," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 13(1), pages 263-272, March.
    5. Mu, Rui & Haershan, Maidina & Wu, Peiyi, 2022. "What organizational conditions, in combination, drive technology enactment in government-led smart city projects?," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
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    7. Lin, Sheng-Hau & Zhang, Hejie & Li, Jia-Hsuan & Ye, Cheng-Zhou & Hsieh, Jing-Chzi, 2022. "Evaluating smart office buildings from a sustainability perspective: A model of hybrid multi-attribute decision-making," Technology in Society, Elsevier, vol. 68(C).

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