Broadway project first in New York to use Buildots AI
- June 5, 2023
- Steve Rogerson
Eyal Ofer’s new Columbus Circle Building on Broadway is the first project in New York to use the AI construction platform Buildots.
The building is just north of Columbus Circle, south west of Central Park and adjacent to the Time Warner Center and the prestigious 15 Central Park West development.
The 26-story, 90m-tall building will include nearly 18,300m2 of residential space encompassing 123 housing units, as well as over 18500m2 of commercial retail space.
After site data captured via helmet-mounted 360-degree cameras are automatically analysed using proprietary AI algorithms, the platform provides the project management team with true-to-life progress reports supported by visuals. This leads to significantly improved efficiency in terms of costs, labour and management time, and resources.
The technology is being used on sites across North America, Europe and the Middle East by global construction firms including Robert McAlpine, Lendlease, Build Group and EllisDon.
“Global Holdings has a strong pipeline of projects and we see the huge impact that Buildots has on efficiency and transparency in construction, which are critical factors that help us to maximise usage of our resources, minimise costs and speed up construction in a responsible way,” said JJ Ofer, CEO of Global Holdings. “The Buildots technology platform is used to fundamentally enhance our project management capabilities and we are excited to be working with the company and bringing this revolutionary technology to New York.”
The building, located at the corner of Broadway and West 60th Street, has been designed by INC Architecture & Design with SLCE Architects serving as the architect of record.
“We are thrilled to bring Buildots’ AI-based technology to New York with the Columbus Circle Building project,” said Buildots CEO Roy Danon. “Our platform offers full visibility and control on projects’ progress, enabling improved performance and efficiency, and we look forward to collaborating with Global Holdings Management Group and other leading developers on future projects in New York and beyond.”
Global Holdings Management Group is an international alliance of real estate asset management and investment advisory companies operating across the USA and Europe. It develops, advises and manages the real estate assets of Global Holdings Group – which was founded by its chairman Eyal Ofer – across its residential, commercial and hotel portfolios in these geographies.
Buildots is an Israeli company leveraging AI and computer vision to modernise the construction industry. It uses hardhat-mounted cameras to capture imaging of every detail of an ongoing project. The data are then analysed using AI models to transform random visual data into accurate, actionable insights that are correlated with the project’s designs and schedule.