Listen to the Podcast The availability of finance has been – and still is – a major challenge for modular construction. Many banks won’t touch modular projects for a variety of reasons and the challenge of financing has actually impeded the rate of adoption for modular building. But a solution is at hand! Hear from… Read more »
Tag: offsite construction
Baywood Hotels has ventured into the cutting-edge construction world with its first modular hotel. This building technique takes construction offsite and into a factory where rooms are built in their entirety and only have to be assembled online. The Maryland-based Baywood hotel introduced the Hilton Garden Inn San Jose in Fremont, California by holding a… Read more »
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.