November 27, 2019

The NAIOP Research Foundation has published a new report: Preparing for Autonomous Vehicles: A Survey of Local Governments.

This report was commissioned to examine how local governments are preparing for fully autonomous vehicles (AVs) and to explore how future AV related policies could affect the commercial real estate industry.

Key Takeaways

• Highly automated vehicles will likely be available to the public in the near future, but widespread adoption will take many years.
• Municipalities vary in their approach to AV adoption but tend to focus on AV safety as their most immediate concern.
• Autonomous trucks will likely increase demand for warehouses located near highways.