X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Construction company Suffolk is looking to disrupt the construction process as we know it with their Smart Lab concept, which uses interactive technology to help developers and owners reduce construction costs and time. Suffolk is launching the Smart Lab in Los Angeles, and is working on DTLA’s Park 5th, Hollywood’s Tommie and Thompson Hotels projects.

“The construction industry has not had a lot of innovation or productivity change in the last 50 years,” Tom Donohue, president and general manager of Los Angeles at Suffolk, tells GlobeSt.com. “The Smart Lab concept grew organically, and Suffolk encouraged project teams to independently explore innovative ways of leveraging new tools and new technologies. A Smart Lab is an area that allows us to have project teams work side-by-side with architects and consultants to look for new ways to build projects more efficiently and with lower costs.”

Reducing development costs and time are along enough to attract developers. Donohue says that those goals are the one constant in the future of the construction industry. “The one thing that hasn’t changed is that developers want to lower costs and build projects faster,” says Donohue. “If we continue to build projects the way we have built them for the last 20 years, we aren’t going to change. The Smart Lab is really a tool to help us innovate.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.