Move Over Status Quo, Modular Wants a Seat at the Table Tom Hardiman The modular construction industry is not new. It’s not untried, untested, or untrue. It is a relatively small niche of the construction industry accounting for about 5.5% of all new building construction starts in 2021. And it is a somewhat fragmented industry in terms of the geographic... Read More September 2022 Issue #14278 Page 92
A Success Story from Commercial Modular Construction Tom Hardiman The Inspira Oncology Center in Woodbury, Connecticut urgently needed to service cancer patients in the surrounding communities. The decision to develop a new type of facility comprised of modular technologies allowed for a faster construction to more quickly deliver medical treatments to those... Read More August 2019 Issue #11241 Page 90
Modular Construction Makes Inroads in Multi-Family Sector Tom Hardiman Permanent modular buildings are considered real property, built to the same building codes and requirements as site-built structures, and can be financed, sold, and depreciated in a similar manner. As such, the markets for permanent modular construction are similar to the markets for site-built... Read More July 2019 Issue #11240 Page 86