The Building Industry represents one of the largest enterprises in the country. For example, roughly one quarter of the assets of large U.S. corporations are tied up in buildings and land. About one third of all investment in the U.S. is for construction of commercial and residential buildings and more than one third of the total energy consumed in the U.S. is used in the building sector.
Many of these problems are being met both in the U.S. and internationally by innovations in building technology. These innovations, for example, apply recent advances in the fields of materials, manufacturing and thermo-fluid sciences to the construction of new buildings, to the retrofit or rehabitation of existing buildings and to the efficient operation of buildings.
The Building Technology Program at the Massachusetts Institute of Technology (MIT) is an interdisciplinary program jointly sponsored by: