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Posted by usm-admin on Oct 24, 2016 in Blog |

Hotel Developers Move Towards Prefab Construction

PHOENIX—Labor and lending are concerns that have the potential to halt hotel development before it even gets started. At the Lodging Conference in September, developers on the “From the ground up: Dynamics of a new build” panel discussed what it takes to construct a new property in the current cycle and highlighted markets they’re building in. It’s becoming more difficult to find good labor and good lenders, the panelists said, and that has led some developers to be more cautious. Mitch Patel, president and CEO of Vision Hospitality, said construction costs have gone up 10-15% a year. For example, a 100-room Hampton Inn property that was being built at $85 to $90 per square foot in 2009-10 is now costing $130 to $135 per square foot, he said. “What we’ve seen, it’s somewhat stabilized,” he said. “When we say stabilized, it’s still growing at 3%, 5%, 7% … but the numbers are becoming more difficult to justify, and we all know we’re at the tail-end of this cycle, so...

Posted by usm-admin on Oct 19, 2016 in Blog |

Prefab Building Meets Increasing Need for Data Centers

AECOM, an integrated global infrastructure firm, and Project Frog, an innovator in advanced component buildings, are forming a partnership to address the increasing need for data centers. The Rapid Deployment Team will construct modular buildings with the quality and flexibility of traditional construction methods. Project Frog leverages the integration of components from off-site manufacturing that are designed for shipping and rapid on-site installation. The Converge data center kit results in an accelerated construction schedule which materially increases the speed to market of a revenue-producing data center anywhere in the world. For more than 25 years, AECOM has planned, designed, and constructed data centers and mission critical facilities around the world. The company has a deep knowledge of the data center market and expertise in the turnkey provision of data center facilities. AECOM provides solutions that allow simplified installation processes that enable future expansion with cost, time, and maintenance benefits. With customizable solutions for small (1 MW) to large data centers (50+ MW), the AECOM and Project Frog Rapid Deployment Team...

Posted by usm-admin on Oct 17, 2016 in Blog |

Commercial Prefab Construction in Dubai

If you think there is nothing new in commercial prefab construction, think again. It was proposed as the world’s first prefabricated skyscraper with 40 factory-built modules for each floor. Fisher said that 90% of the tower could be built in a factory and shipped to the construction site. This would allow the entire building to be built more quickly. The core of the tower must be built at the construction site. Fisher said that the prefabricated portions would decrease the project’s cost and the number of workers, and that construction will take 30% less time than a normal skyscraper of the same size. The majority of the workers would be in factories, working under safer conditions. Kitchen and bathroom fixtures would be pre-installed. The core would serve each floor with a special, patented connection for clean water, based on technology used to refuel airplanes in mid-flight. The entire tower is proposed to be powered from wind turbines and solar panels. Enough surplus electricity should be produced to power five...

Posted by usm-admin on Sep 26, 2016 in Blog |

What’s in a Name – Modular, Manufactured, Prefab, Offsite?

If you are like many home buyers today, you might be a little confused over the terms used to describe a “non-tradionally built” home. So let’s start right there with the term “traditional” home. When you see a home described in this way, it simply means that the home was built the “traditional” way that homes have historically been built. A home buyer works with a general contractor to design their new home, the contractor gets the permits, hires subcontractors, orders the materials, the materials are shipped to the home site where the construction BEGINS. (We’ve simplified it a bit here for this article, but those are the basic steps). This method is also referred to as “site-built,” stick-built,” or “conventional”. This is the way a majority of homes are built in the United States, but it is NOT the most efficient of effective way to build a home! Unlike site-built homes, there are a full array of processes where the construction begins somewhere other than the home site....

Posted by usm-admin on Sep 22, 2016 in Uncategorized |

California Construction Soars to Fast Pace

Homebuilding Jumps a Dramatic 20.2% in April with Lower Mortgage Rates Homebuilders in California ramped up construction to the fastest pace in nearly 7.5 years, finding newfound momentum for an economy that has struggled in the past few months. The Commerce Department stated Tuesday that housing starts last month increased 20.2% to a seasonally adjusted annual rate of 1.14 million homes. That pace ranks as the highest since 2007. The sharp and rapid rebound in housing starts after disappointing data in February and March indicates that economic growth may accelerate in the second quarter. It also suggests that builders are responding to increased buyer demand and tight inventories of existing homes on the market due to a strong hiring rate over the past year and low mortgage rates. Construction of single family homes rose 16.7% in April, while Multi-Family Construction shot up 31.9 percent. Employers added 223,000 jobs in April, causing the unemployment rate to slip to 5.4%, down from 5.5%. The economy has gained about 3.1 million new jobs-and...

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