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Balfour Beatty Campus Solutions Teams with IOTAS to Bring Smart Apartments to Students at Purdue University

November 26, 2018

WEST LAFAYETTE, Ind.--(BUSINESS WIRE)--Nov 26, 2018--Balfour Beatty Campus Solutions, a leading developer and operator of infrastructure projects for the college and university market, has partnered with IOTAS, an innovator in premier smart apartment technology, to deliver the first completely integrated smart home experience for Purdue University students as part of the Aspire at Discovery Park apartment community Balfour Beatty is currently developing. This project marks the first fully equipped smart home community in Balfour Beatty Campus Solutions’ portfolio, as well as IOTAS’s first foray outside of conventional multifamily and into the student housing market.

Opening in August 2019, Aspire at Discovery Park will offer students the ability to fully operate and customize their living environment from a simple smart phone app. The units will boast a wide variety of smart home features, including smart lighting, thermostats, outlets, sensors and locks, as well as full integration with Amazon Echo and Google Assistant. Located in the Discovery Park area of Purdue’s main campus in West Lafayette, IN, Aspire at Discovery Park is the area’s first apartment community to feature a fully integrated smart home technology system installed during construction and operational in all 835 units.

“Providing residents with a plug-n-play-ready smart apartment is just another extension of our commitment to delivering custom, cutting-edge solutions for the projects we develop,” says Bob Shepko, President of Balfour Beatty Campus Solutions. “We’re excited to partner with an innovative company like IOTAS to bring the very latest smart home technology to the students at Purdue University.”

“Balfour Beatty Campus Solutions is a leader in the space and is reinventing student living. We’re happy to partner with them to take their communities to the next level with a smart and connected lifestyle,” said Sce Pike, CEO of IOTAS. “Student housing and Generation Z are extremely fast growing markets and we are happy to continue to assist in adding substantial benefits for students as well as the property management teams.”

IOTAS delivers a fully-connected, smart home experience for residents and property managers that integrates Internet of Things (IoT) technology directly into multifamily units. IOTAS-enabled apartments support a wide variety of connected devices, including popular products like Honeywell and Amazon’s Echo. The IOTAS platform can currently be found in multifamily communities across 40 US markets and is actively expanding into the Canadian market.

About Balfour Beatty Campus Solutions

Balfour Beatty Campus Solutions, LLC provides development, asset/property management, and other real estate services to higher education with a focus on public-private partnerships that underpin the strategic vision of an institution. The company offers public-private partnership (P3) solutions for funding and delivery of capital plans, including residential, academic, administrative and faculty offices, research, athletic/recreation, student centers, dining, parking and infrastructure.

Balfour Beatty Campus Solutions is part of Balfour Beatty Investments, Inc. a global company focused on financing and operating the vital assets that enable societies and economies to grow: roads and railways, health and education facilities, power and water systems, places to live and places to work—the infrastructure that underpins progress. Balfour Beatty Investments is a division of Balfour Beatty plc, a UK-based international infrastructure group operating in construction services, support services and infrastructure investments.

About IOTAS

IOTAS, which stands for IoT as a Service, is a Portland, Ore.-based developer of a smart home platform for the rental market. The company enables property developers to easily and quickly install smart outlets, switches, thermostats, door locks, sensors and more by streamlining the set-up and deployment process. With this premium offering, building owners and operators can attract new tenants and premium rents, while lowering utility and management costs. For more information, visit www.iotashome.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181126005686/en/

CONTACT: Maureen Omrod

Vice President, Marketing & Communications

Balfour Beatty Investments

610-355-8136

momrod@bbcgrp.com

Chad Summers

Vice President, Revenue

IOTAS

chad@iotashome.com

KEYWORD: UNITED STATES NORTH AMERICA INDIANA

INDUSTRY KEYWORD: EDUCATION BUILDING SYSTEMS UNIVERSITY CONTINUING ENERGY UTILITIES TECHNOLOGY CONSUMER ELECTRONICS HARDWARE INTERNET NETWORKS SOFTWARE MOBILE/WIRELESS PROFESSIONAL SERVICES FINANCE ENVIRONMENT CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Balfour Beatty Campus Solutions and IOTAS

Copyright Business Wire 2018.

PUB: 11/26/2018 02:53 PM/DISC: 11/26/2018 02:53 PM

http://www.businesswire.com/news/home/20181126005686/en

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