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AI Tackles Construction Budgets: One Developer’s Quest to Cut 20 Hours Down to 8 Minutes
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The RegistryAI Tackles Construction Budgets: One Developer’s Quest to Cut 20 Hours Down to 8 Minutes
Jake Heller wasn’t trying to replace his estimator. The commercial real estate developer and AI consultant just wanted to know if artificial intelligence could handle one of the most time-consuming tasks in development: creating a preliminary construction budget from architectural plans. So he ran an experiment. He took a 32,500 square foot affordable housing project in Los Angeles and fed the same floor plans to four different AI platforms: Cla…
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