2024 MIT World Real Estate Forum connects people and critical issues
Celebrating the MIT Center for Real Estate’s 40th Anniversary, the 2024 MIT World Real Estate Forum (June 17+18) brought together 300 industry leaders, policymakers, researchers, and academics to explore the future of real estate — offering inspiration and practical strategies for navigating an uncertain future.
Watch Donnel Baird, CEO of BlocPower, discuss how cities around the nation (like Ithaca, New York) are already using AI to prioritize projects based on building characteristics, consumption patterns, and estimated costs while balancing socioeconomic indicators and local target communities.
Technological Advances & Innovative Solutions
Innovation was a key theme throughout the conference, with many sessions dedicated to exploring how technology can drive sustainable practices in real estate. Baird shared how his company is leveraging AI to advance building decarbonization. By creating digital twins of buildings, BlocPower uses a range of data—such as mortgage, property tax, air pollution, and local weather data—to predict and implement cost-effective decarbonization strategies. “As we get better and better at predicting and analyzing decarbonization plans for buildings, we should create a higher volume of completed projects,” Baird explained, highlighting the potential for AI to scale sustainable building practices across cities.
For full details on the MIT World Real Estate Forum speakers and sessions, visit: https://www.mitworldreforum.com and WATCH on YouTube.
