What is the impact of smart building design on building lifecycle costs?

Smart building design can have a significant impact on building lifecycle costs. By incorporating advanced technologies and automation systems, smart buildings can optimize energy efficiency, reduce maintenance costs, and extend the lifespan of building components. This can result in lower operational costs, lower utility bills, and a reduced need for costly repairs and replacements. Furthermore, smart building technology can improve the comfort and productivity of occupants, which can lead to higher tenant satisfaction, retention, and rental income. Overall, the investment in smart building design can result in long-term cost savings and increased property value.

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