Driverless cars are the future.
There's no doubt that in some form, driverless transportation will become a mainstream reality in my lifetime, and the influence on how we use and interact with the places we live and work transform because of it.
What I hadn't considered was the commercial benefits to property. An unclogged street-scape, without parked cars, badly parked cars, parking signs, bollards, barriers and the host of street furniture that exists in modern Britain will have an impact on the way we can use space, and the value that land has.
This report is really worth a read, and whilst it's very much aimed at London, the opportunities exist elsewhere to make this a reality.
Referring to data from the communities department, the report claims a 100-hectare driverless car zone development in the heart of London could gain more than £1.25bn in additional land value uplift from the extra space, with a £300m uplift in outer London and £15-£75m across the rest of the country.