Modular construction Q&As
Big tech firms like Google and Amazon are joining the fight in search of a permenant solution for affordable housing, a pressing issue for the real estate industry. As a promising answer for the crisis, modular construction is being chosen increasingly by developers because of its higher degree of quality, cost and schedule certainty. Here are some Q&As that I compiled based on my conservation with industry veteran, Doug Phil, CEO of Prefab Logic, a 2019 report by the consulting firm McKinsey & Co. and my own experience. 1. What is Modular Construction? A process in which building modules (often with MEP, fixtures and finishes) are prefabricated off-site in a factory, and delivered and installed on site. Foundations, podiums, horizontals, roof and central plants are typically completed by the on-site GC. The MEP components of the modules are usually terminated in a common corridor and will be finally tied into the building central plants by the on-site GC. 2. What is ...