SAN DIEGO—Parkinggarages and roads may change to include conversion of parkingspaces to usable real estate and the addition of drop-off lanes,along with a variety of other possibilities, once autonomous vehicles become commonly used,Norm Miller, Hahn chair of real estate financeat the Burnham-Moores Center for Real Estate atthe University of San Diego School of Business,tells GlobeSt.com. Miller recently wrote an article about theimplications of autonomous vehicles on real estate andinfrastructure. We sat down with him for a chat about the deeperimplications of this technological disruption for our industry.

At the time of our interview, Miller said he'd been at anational conference where the topic of autonomous vehicles' impacton the real estate industry came up a few times. “One of theproblems that we have is that even though autonomous vehicles mayallow us to shift parking to less expensive areas, regulations forbuilding require extensive parking: the requirements are 1.5 spacesfor a two-bedroom unit here, and that's typical throughout thecountry. This adds greatly to construction costs for multifamilyand condos.”