The building of hotels lends itself to modular construction because it reduces build times significantly, cuts costs and reduces the amount of waste. With more customers demanding eco-friendly accommodation options, hotels are leading the shift to offsite construction. Home2 Suites San Francisco Airport North by Hilton will open its first hotel using modular building components… Read more »
The US economy has been enjoying a historic run. Since June 2009, the upturn is set to be the longest in US history if it can last until June. The one area that is lagging is new home sales. The season? A lack of entry-level homes that are priced within reach of the 19.4 million who have entered the workforce since 2009.
Nanyang Technological University (NTU) in Singapore is planning an ambitious five-year build of its new $180 million business school. NTU’s president Subra Suresh, described the wooden construction as the university’s “most ambitious sustainable construction project to date”. The six-storey building will be constructed from wood and house the Nanyang Business School. On completion in 2021,… Read more »
While the way in which houses are built hasn’t changed much in the last five decades, its about to. Smart home technology, renewable energy sources and the automation of off-site construction are combining to create the perfect storm for major change. Throw the current construction labor shortage into the mix and you have these new… Read more »
One of the many reasons for the growing housing shortage in the US is that people are “aging in place”. According to one study, people stay in their homes twice as long as they did in the 1920s. Homeowners aren’t updating their homes before placing them on the market, leaving buyers with unsatisfactory choices. “We… Read more »
During the 1970s, prefab was huge. Designers and builders recognized that they could save time and build cheaper and more accurately if they produced homes in factories. According to the US Census bureau, only 2% of single-family homes were prefab or modular in 2016. So why are there so few prefab houses today? From movie… Read more »
The building industry is not keeping up with demand. Labor shortages mean not enough new homes are being built and that results in higher prices. The number of workers who are 24 and under has declined by 30% in 48 states, according to the analysis of U.S. Census data by Issi Romem, chief economist at… Read more »