The concept of modular construction may seem foreign to some, but it is gaining traction as a safe and efficient means of building. In fact, COVID accelerated the pace of prefabrication and modular ...
Pre-COVID times, I attended an AEC industry summit in which there was a panel of experts consisting of a property developer, an investment advisor, a real-estate consultant, an architect, and a ...
For decades, modular construction has been touted as the next “revolutionary” wave of construction. Instead of putting together structures on a jobsite, where workers are subject to the vagaries of ...
Its use has tripled its share in less than a decade. We wanted to find out why. Modular building, in multifamily and elsewhere, continues to gain steam. The market share for permanent modular ...
According to the recently released Commercial Construction Index (CCI), an economic indicator that tracks trends in the commercial construction industry, demand for modular construction is on the rise ...
Oaks Properties acquired The Eddi at Pentagon Village in Edina for $50.45 million, one of Minnesota’s largest modular-built ...
Hope on Hyde Park, a five-story community being built using modular construction, will be completed this summer. One of the biggest new construction trends in recent years is the prevalence of modular ...
Alternative lenders are seeing an increase in multifamily deal prospects as institutional lenders tighten their underwriting standards or sit on the sidelines. Not every transaction or development ...
Modular construction can deliver projects 20% to 50% faster than traditional methods and drastically reshape how buildings are delivered, according to a new report from McKinsey & Co. Modular carries ...
Jim Stanley of Suffolk, which worked on the 6th Street Place affordable housing project, says modular construction is a solution for affordable construction. A nationwide housing crisis fueled by ...
The fast-growing Metairie construction company will use modular building to complete the $84 million project, a process that ...
The project team included Wilson & Company and Thornton-Tomasetti Engineering, both headquartered in Albuquerque, New Mexico.