Construction Costs are up 40% | Here’s what to do

Due to the challenges of the pandemic, the prices of construction materials are skyrocketing, and developers are trying to find safer and better ways to build. Back in a 2019 newsletter, I reported that construction costs had increased OVER 40% since 2013. While last year saw a less dramatic increase, the cost of construction continues to rise. COVID-19 has […]

High Wood Prices = Opportunities In Steel

Back in my August newsletter, I stated that wood prices were up 140%. Since then, the numbers have gone up and down, and then back up again! Lumber prices that were around $600/tbf five months ago are now over $900/tbf. Commodity prices are three times higher than before the pandemic. The pandemic is upsetting global supply chains in […]

Build faster like Chick-fil-A

In the past few months, I have talked about modular and offsite construction. Still, when people think about “modular” construction, they imagine one of two things: man-camp temporary structures or multi-story stacked apartment and hotel projects. The truth is that an offsite delivery method can be effective for nearly any type of building product depending on […]

Jobsite Robots = Building Faster

It’s not just in the movies—robots are now a reality. Until recently, construction was one of the least digitized and automated industries in the world—but times may be changing. Robots, drones, autonomous vehicles, and 3D printing are some of the new technologies being lauded in the media. While exciting, many of these inventions are not […]

Developers Decide: Podiums vs Wraps

The growing demand for mid-rise apartment buildings is creating both challenges and opportunities for developers. Land keeps getting more expensive which means maximizing densities is more important than ever! When multifamily developers evaluate a new potential apartment site, they must assess what type of building will be the most efficient based on density, parking, and unit count. […]

Rising Housing Costs = Apartment Opportunities

Housing prices are skyrocketing right now, and developers have an opportunity to meet the need. But with high construction costs and fewer skilled workers, what’s your next move? In this article we discuss the potential in the multifamily market and how industrialized construction can get you building faster, cheaper, and better than ever before. Supply […]

Cold Formed Steel vs Structural Steel

We’ve recently discussed cold-formed steel and how it can be utilized with Industrialized Construction. With lumber prices soaring, developers are looking for steel solutions. The term “Steel” is one of those broad terms that gets thrown around a lot. Today we are going to take a deep dive into what we mean when we say […]

Rising Lumber Prices = Time To Consider Steel

Cold-formed steel framing is outperforming wood framing in the construction industry right now. With a rising demand for improved standards in quality, security, and performance in construction—cold-formed steel framing can be considered one of the best construction methods. Lumber prices are too high—what can I do? Lumber prices have increased rapidly this year due to […]

Double Time Your Build: Podium + Modular

Offsite construction is considered the future of the construction industry. Still, you might be wondering if it fits your next project. One very popular offsite delivery method for urban apartment projects is modular over podium. This is a great option for many locations. Find out more below! Podium Design in Brief Podium buildings are comprised […]

Wood Prices Are Up 140%

The pandemic is upsetting global supply chains in every industry—especially the construction industry. This alarming trend is most obvious when looking at the cost of lumber.   Lumber prices are now 140% higher than they were in August of last year. It’s never been more expensive to build with wood.   This drastic price shift […]