SG Blocks CEO & Chairman Paul Galvin talks about how using shipping containers as a primary building material can accelerate much-needed affordable housing construction.
Constantly rising construction costs, the increasing need for affordable housing units across the country, coupled with the lack of developable land in some regions as well as environmental concerns are driving an array of innovations in affordable housing. Recent Berkadia research showed that developers are beginning to consider modular and manufactured housing a viable alternative to conventional construction. And with rent control legislation impacting affordability in so many ways—including decreasing supply—developers are progressively considering other means to build affordable housing properties faster and cheaper.
SG Blocks CEO & Chairman Paul Galvin has more than two decades of experience in developing and managing real estate assets.
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