Oxford Properties Group

Winners revealed of competition to disrupt the future of commercial development

Oxford Properties Group has revealed the winners of its competition designed to disrupt the future of commercial real estate development.

Some 50 teams in London, Sydney, Boston and Toronto spent 48 hours looking at challenges in commercial real estate development, with the top three in each city taking home a share of the $20,000 (approximately £16,000) prize money.

The winners were:

  • Sydney — Team Oxford City: designed a cost management tool that uses AI to crawl design files and building specs, allowing users to compare materials and optimise costs
  • Boston — Team Kaven 207: a web-based solution that leverages historical building design data to self-generate and optimise the design of building cores
  • Toronto — Team Build Stream: an app to collect real-time data which incorporates the wants and needs of a building’s end user in the design and development process
  • London — Team Data Space: a contractor involvement program that allows for increased cost certainty, increased value engineering and earlier access to the supply chain

“The commercial real estate industry is primed for disruption — the process we use to design and construct buildings has not materially changed in almost a century,” said Dean Hopkins, COO at Oxford Properties Group.

“If we can disrupt ourselves first, we can help guide the industry into the future.”

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