Self-driving cars, ultra-fast high-def video downloads, 911 dispatchers, and smart homes will all benefit from the rollout of next generation wireless technologies known as 5G. But what might the land use and real estate implications be for municipalities, residents and developers?
Industry experts tout 5G for its download speeds of 10- to 20-gigabits-per-second, which is on average 40 times faster than existing 4G networks. In addition, 5G technology is expected to help create 3 million new jobs, add $533 billion in GDP, and generate an additional $1.2 trillion in consumer benefits, according to Forbes.
Small cell contracts approved in Aspen
Last Tuesday, Aspen City Council approved a pair of small cell contracts stating that Crown Castle will act as the "neutral host developer" throughout the municipality. The agreement grants authorization for Crown Castle to use city property, in and out of the right of way, for th...
As cities battle feds over 5G rollout, tech leaders worry Seattle will lag behind in new wireless race
Geekwire reported on the concern that Seattle will fall behind in the race to 5G due to competing stakeholders and additional complex factors. However, the article positively mentions that the city is working to streamline its process for approving small cell installations, notabl...
Crown Castle Looks to the Future After 25 Years in Business
Cheddar posted a segment on Jay Brown’s interview with NYSE Executive Vice Chairman Betty Liu, where the two discussed Crown Castle’s progress over the past 25 years and the future of 5G technology. "We think from 5G, there will be more than five million jobs created&h...
5G wireless is coming — and the battle has already begun over where to allow the antennas in Maryland
The Baltimore Sun reported on local government battles with telecom companies over the placement of small cell technology throughout cities. The article mentions that Crown Castle, which has installed small cell facilities on behalf of wireless carriers in Baltimore, says they wan...
Crown Castle on Cutting Edge of 5G Innovation
Nareit published an article detailing Crown Castle as a leader in the communications infrastructure business and Jay Brown’s role as Chief Executive Officer of the company. "As the wireless space evolves toward increased options for consumers and much faster speeds, Brown sa...
Hampton officials host heated public hearing on proposed wireless communications
Last Wednesday, Hampton Township Council hosted a public hearing on the installation of a Crown Castle small cell in a public right of way located on property owned by residents Charles Cubarney and his wife. "Regardless, Crown Castle has complied with all of Hampton Township&rsqu...