Today's market conditions help illustrate the case for green, factory building as an effective solution for developers, especially for those who've put projects on hold due to rising interest rates and dried up investor pools...
Transitioning to factory building from on-site construction reduces building costs by 20% and significantly improves delivery time; and by using green materials, developers can open up new financing options that, together, turn project economics right-side-up.
The United States construction industry is facing an extreme labor shortage, falling short of roughly 650,000 workers needed to drive the completion of critical residential and infrastructure projects across the country...
Factory-built homes reduce labor costs and tap into labor pools that traditional construction can't access, making work more efficient. Traditional construction's itinerant nature is unattractive to many workers.
#factory-built-construction #labor-shortages #green-materials #capital-costs #us-construction-industry
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