From Monetization of Real-Estate Associated Assets to Seoul, Korea's Digital-Media City (Concept to Reality)
SMITH-TRG created 'Hidden-Asset Value Solutions' (HAVS) to help commercial real-estate sector firms realize new sources of revenue.
'Hidden-Asset Value Solutions' SMITH-TRG helps clients: identify HAVS candidate assets; convert properly qualified assets into recurring revenue; and reclassify and/or monetize those assets as a new source of business value.
HAVS Candidate Properties - Office Buildings (10K sq. ft. or larger in any market area) - Shopping Malls (mega, regional, strip, city center, local) - Retail (free standing stores, local to national chains) - Hotel, Resort, Golf Course (any location, any market) - Special Use - Sports and Entertainment Venues - Multi-Use Developments - Parking Lots (covered or open) - Undeveloped land
SMITH-TRG participated in Seoul Korea's Digital-Media City concept/creation
Strategic Goal: Futuristic info-media industrial complex that will serve as a center of information technology in northeast Asia.
Value-Gain Objective: Within DMC, technology will effectively serve and manage, as well as entertain.
- The most valuable part of DMC is that it will become an incubator for developing social capital.
- A major feature of the DMC is the Digital-Media Street (DMS), which will host entertainment and retail establishments, technology companies, prestige housing, R&D institutes, and universities. DMS is an opportunity to develop and test new technologies, and to refine them in a living laboratory environment - incorporate the most advanced and interesting digital urban devices.
- The street will run smoothly: maintenance operations of light fixtures and utilities can be controlled digitally, while dynamic street markings and sensors encourage efficient traffic flow.
- The street will be informative: interpretive maps and guides will be available on the street digital displays and through mobile phones and other personal devices.
- The shopping experience will be flexible: ubiquitous credit sensing will create stores without check-out lines while 'thin-shops' will allow people to feel goods and order custom products for home delivery.
- Finally, the street will be rich and interesting: co-ordinate digital displays will set the mood for events while portals to sister cities will afford glimpses into different places.