One red-hot trend that has captured the imagination of investors, developers and other real estate stakeholders is modular construction. At my own firm, we've been actively following the trend and researching how we might incorporate it into future projects.
Essentially, modular construction refers to the off-site construction of several key components of a structure, a trend that is poised for continued and rapid growth. This is due in part to its ability to alleviate the two most common fears key stakeholders have: projects that come in over budget and those that are delivered later than planned, both of which can have very deleterious effects on a project’s bottom line.
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