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The latest research report on the Modular Building market. An in-depth examination of this business 360 and is inclusive of information pertaining to vital parameters of the industry. The report provides details about the prevailing market trends, market share, industry size, current market growth, periodic deliverables, and profits projections over the forecast to 2026.
Key highlights of the Modular Building market report: Laing Orourke, Red Sea Housing, Atco, Bouygues Construction, Vinci, Skanska, Algeco Scotsman, Kleusberg, Kef Katerra, Lendlease, Cimc Modular Building Systems Holding, Modular Space Corporation, Dubox, Kwikspace Modular Buildings, Guerdon Enterprises LLC, Alta-Fab Structures, Westchester Modular Homes, Wernick Group, Fleetwood Australia, NRB, Koma Modular, Hickory Group, Clayton Homes, J.D. Irving, Horizon North Logistics, Arts Way Manufacturing, and more.
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Key parameters included in the report which define the competitive landscape:
Global Modular Building Market Size Segmentation by Type:
Global Modular Building Market Segmentation by Application:
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Global Modular Building market report provides an exclusive coverage which has been provided for market drivers and challenges & opportunities for a country-level market in the respective regional segments. The report comprises a competitive analysis of the key players functioning in the market and covers in-depth data related to the competitive landscape of the market and the recent strategies & products that will assist or affect the market in the coming years.
The study also illustrates the competitive landscape of foremost manufacturers in the industry with their diverse portfolio and geographical expansion activities. The Modular Building market report by InForGrowth also includes participants financial overview which consists of an assessment of revenue outcomes, sales volume, gross margin, cash flow, capital investment, and growth rate which will allow clients to gain intact knowledge of participants financial strengths and position in the global Modular Building industry.
Key highlights of the Modular Building market report:
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Modular Building Market Report 2020 With Market Positioning Of Key Vendors: Laing O'rourke, Red Sea Housing, Atco, Bouygues Construction,etc - News...
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A Bristol company is offering people the chance to help design their own tiny one-person homes.
Last year Bristol City Council went against its own rules to allow three tiny houses to be built in Hillfields to help alleviate its housing shortage.
Bristol's own planning policy says new single-occupier dwellings should not be built even if they meet national housing standards.
But a planning committee ignored the policy to approve plans for the tiny home to be built in the garden of a traditional terraced property in the city's Hillfields area.
At the meeting in January developer Ecomotive was granted planning permission for its Snug homes at 225 Forest Road.
The three homes will be created by converting the existing two-storey Victorian house into two flats and putting a prefabricated box home in the rear garden.
Each home will have its own little grass area, and two of them will have a small patio as well.
Pictures taken on Friday (March 6) show that work has been taking place to prepare the site for the Snug development.
The part-finished modules are delivered to site for residents to complete themselves, according to the Ecomotive website.
The firm said it had leased a small site in Lockleaze to create a pop-up fabrication and training space for its modular self-build Snug homes.
The Snug homes website is now asking for people interested in one of these properties to get in touch and join the Snug community.
This developer doesn't just want to see smaller houses, but a new way of building them.
Their idea is to make homes in a modular way where a core structure would be made in a factory by skilled craftspeople and then it would be up to the customer to choose a custom-build or self-finish.
The custom-build would mean a person chose their own internal and external finishing options, and when the modules are taken to the site a specialist team constructs them. Or, self-finish where the modules are delivered but the customer finishes them off.
Its easy to create terraces or apartment blocks by stacking the modules, and they lend themselves well to more collective ways of living, such as cohousing, where homes can be smaller because people also have access to shared living spaces.
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Would you be interested in living in one of these tiny one-person houses? - Bristol Post
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All federal limits on testing will be lifted, Pence says.
Vice President Mike Pence said the Centers for Disease Control and Prevention was lifting all restrictions on testing for coronavirus, and would be releasing new guidelines to fast-track testing for people who fear they have the virus, even if they are displaying mild symptoms.
Today we will issue new guidance from the C.D.C. that will make it clear that any American can be tested, no restrictions, subject to doctors orders, Mr. Pence told reporters at the White House.
The federal government has promised to significantly ramp up testing, after drawing criticism for strictly limiting testing in the first weeks of the outbreak. But health care supply companies and public health officials have cast doubt on the governments assurances, as complaints continue that the need for testing remains far greater than the capacity.
The estimates were getting from industry right now by the end of this week, close to a million tests will be able to be performed, the head of the Food and Drug Administration, Dr. Stephen Hahn, said at a White House briefing on Monday.
But some companies developing tests say their products are still weeks away from approval.
And even if a million test kits were available, public health laboratories say they would not be able to process nearly that many within a week. A spokesman for the Department of Health and Human Services said on Monday that public health labs currently can test 15,000 people daily, though that figure is expected to grow.
The F.D.A. said that Dr. Hahn was taking into account the anticipated increased production of test kits by an outside manufacturer, Integrated DNA Technologies, which is now selling kits to the federal government and other buyers.
The C.D.C. botched the first attempt to mass produce a diagnostic kit, a discovery made only after hundreds of kits had been shipped to state laboratories. A promised replacement took several weeks, and still did not permit state and local laboratories to make final diagnoses.
Right now, Id say wed need more capacity, Dr. Hahn said at the White House briefing.
The Department of Veterans Affairs confirmed on Tuesday that a veteran had tested positive for the virus and was transferred to the V.A. hospital in Palo Alto, Calif., presenting the federal government with a new challenge a coronavirus infection in its sprawling veterans health care system.
The patient was diagnosed on Monday and is being cared for in isolation, a V.A. spokeswoman said on Tuesday. It was not clear whether local public health officials had already announced the case; Santa Clara County, Calif., has had several previous coronavirus cases, including two announced on Tuesday without any specifics.
The veterans health system, responsible for caring for more than nine million former service members, has been struggling with an overhaul of its $16 billion medical records system, which has been delayed amid technical and training glitches.
Last week, the U.S. military announced its first active-duty case, an American soldier stationed in South Korea, the country with the second-largest coronavirus outbreak after China. In response, Army officials closed the office buildings the infected soldier had used, called off social events on the base and sent clean teams to disinfect anywhere the soldier had been. A civilian employee at another American military base in South Korea has also tested positive for the virus.
[Read: China pushes back as the coronavirus crisis damages its image.]
President Trump said on Tuesday that he may further tighten limits on international travel in hopes of blocking the arrival of more visitors infected by coronavirus, but he ruled out for now any restrictions on domestic travel within the United States.
Were not looking at that at all. Theres only one hot spot, he told reporters. But were looking at other countries and were being very stringent.
The Trump administration has already imposed limits on travel from China, barred all travel to Iran and issued warnings to Americans not to travel to parts of Italy and South Korea.
Later, at the National Institutes of Health, Mr. Trump added that he was not actively considering restrictions on travel to Mexico but expressed concern about Japan, which is hosting the Summer Olympics in Tokyo and has just constructed a new stadium for the competition.
I dont know what theyre going to do, he said. They have this fabulous facility.
As for Mexico, he played down the prospect of travel limits. Were not looking at it very strongly, he said. Were not seeing a lot of evidence in that area.
Two people who died last week in the Seattle area were infected with coronavirus, officials said on Tuesday, suggesting that the virus had spread in that region days earlier than health officials had previously known.
That brought the death toll in Washington State, and in the United States, to nine. So far, those deaths have all been in the Seattle area.
The confirmation of additional deaths adds to an escalating emergency in a region that has rapidly emerged as a focal point for the virus in the United States, where there have now been at least 120 cases of coronavirus in more than a dozen states, as local health authorities from coast to coast raced to assess the risk to schools, medical centers and businesses.
The other deaths, all announced over the last few days, included residents of a nursing care facility in Kirkland, a Seattle suburb.
Health officials in North Carolina announced that states first case of coronavirus on Tuesday afternoon. They said the patient there had traveled to Washington and been exposed at a long-term care facility where there was an outbreak, an apparent reference to the Life Care nursing center in Kirkland, Wash.
The North Carolina patient was said to be doing well and isolated at home in Wake County.
Officials in Washington State were rushing to take steps to contain the spread. Health officials were asking the State Legislature for an additional $100 million in funding to help respond to the virus. Some leaders were weighing more widespread closings of events, and around Seattle, immediate steps were being taken.
In King County, officials were in the process of purchasing a motel in the region that could house people needing isolation. They were also working to repurpose modular homes that had been originally meant to be used by homeless people.
When the coronavirus first broke out in January, its impact on the travel and hospitality businesses appeared limited to China. But the outbreak has now spread to every continent except Antarctica, and the cities and industries that rely heavily on travel and tourism are bracing for pain.
One city that is anxiously watching the spread of the virus is Las Vegas, which had more than 42.5 million visitors last year, 6.6 million of them to attend business conferences, according to the citys Convention and Visitors Authority.
Some big upcoming conferences have already been canceled, including an annual Adobe Systems event with 20,000 attendees and celebrity speakers like Gwyneth Paltrow and Tom Brady. Adobe said it planned to host portions of the event online.
Major companies like Facebook, Twitter and Intel have said their employees will not attend the popular South by Southwest festival in Austin, Tex., which starts next week, but organizers insisted on Tuesday that the festival would go on.
The New York subway will be disinfected every 72 hours, officials say.
If theres one place where being packed in close quarters with crowds of strangers is unavoidable, it is the New York City subway system well known not just to the locals, but to millions of tourists and anyone who has ever watched a television show or movie set in the city. And that makes it a focus of public worry about contagion.
Officials said on Monday that industrial-grade disinfectants would be used to clean everything from train cars to MetroCard machines every 72 hours. The safety of our customers and employees is our first priority as we continue to monitor the coronavirus, said Patrick T. Warren, chief safety officer at the Metropolitan Transportation Authority.
From Monday evening to midday Tuesday, transit workers disinfected nearly all of the systems 472 subway stations, more than 1,900 subway cars and nearly 2,000 buses, officials said. Transit officials in neighboring New Jersey, which has its own vast commuter rail and bus network, have also ramped up its cleaning regimen.
The Centers for Disease Control and Prevention recommends keeping essential services like public transit in operation, in part so that health care workers and other emergency responders can get to work.
Other major cities experiencing outbreaks have announced similar precautions. In Tehran, public health officials have said they are disinfecting buses at least four times a day and cleaning trains after each trip. In Italy, buses, trains and ferries are also being disinfected regularly.
Although research on the coronavirus is still in the early stages, a 2011 study on a possible influenza outbreak in New York City found that only 4 percent of infections would occur on the subway.
Iran frees 54,000 inmates to avoid spread in prisons.
The number of people in Iran infected by the coronavirus surged past 2,300, the death toll rose to 77, and the countrys head of Parliament said that nearly two dozen lawmakers had tested positive and should avoid meeting with members of the public, the authorities announced on Tuesday.
The new tallies were reported as the judiciary, apparently hoping to minimize the risk of contagion in Irans penal system, said it had temporarily freed more than 54,000 prisoners considered to be symptom-free. But it was unclear from the announcement how many of the prisoners had actually been tested, given the shortage of testing equipment in Iran.
Gholamhossein Esmaili, a judiciary spokesman, who announced the prisoner releases, did not specify whether any of the reported cases or deaths so far have included prisoners.
Iran now has 2,336 reported cases, more than any country other than China and South Korea, and 11 more people have died, according to figures cited by the deputy health minister, Alireza Raisi, on state TV.
State news media reported on Tuesday that Ahmad Toysarkani, an adviser to the judiciary, was among those who had died. The virus has been felt at the highest levels of Iranian society, with Masoumeh Ebtekar, the presidents deputy for womens affairs and the highest-ranking woman in the government, among those who have become infected.
Ayatollah Ali Khamenei, the supreme leader, was pictured in state news media wearing plastic gloves, and he told the Iranian people to follow medical advice to help combat the outbreak, saying anything that facilitates its spread is a sin.
The death toll in Italy surges while the pope has a common cold.
The death toll in Italy jumped to 79 on Tuesday, an increase of 27 deaths in one day, Italian officials said.
Those who had died in the previous 24 hours ranged in age from 55 to 101, said Angelo Borrelli, the head of Italys Civil Protection Agency who is coordinating the countrys response to the crisis.
Most were over 70, and some had pre-existing conditions. But for the others, we still arent sure, he said at a news conference in Rome.
Of the 2,502 infections so far up from the 1,835 announced on Monday 90 percent were located in the northern Italian regions of Lombardy, Veneto and Emilia Romagna, Mr. Borrelli said. Italy has had by far the largest outbreak outside of Asia.
Meanwhile, the Vatican said Tuesday that Pope Francis was ailing with a common cold, and did not have symptoms that could be related to other pathologies.
On Tuesday, France, which has the second highest number of cases in Europe, announced 21 new cases of coronavirus on its soil, raising the total number of cases to 212. A top official at Frances health ministry also announced one new fatality from the virus, a 92-year-old man in the western Morbihan region, bringing the death toll up to four.
Gov. Andrew M. Cuomo announced on Tuesday morning a second confirmed case of the coronavirus in New York, saying that a man in his 50s in Westchester County, just outside of New York City, had tested positive.
The man initially went to a hospital in Westchester about four or five days ago, before it was confirmed he had the virus, the authorities said, acknowledging that he may have exposed doctors, nurses and others to the infection.
On Tuesday, health officials told the mans synagogue, Young Israel of New Rochelle, to call off its religious services for the foreseeable future. Citing guidance from state officials, the county also told congregants who attended Shabbat services on Feb. 22 or went to a funeral or a bat mitzvah there on Feb. 23 to quarantine themselves; the county said it would order quarantines if the affected people did not do so voluntarily.
The patient, whose test was confirmed overnight in New York City, is a lawyer who works in Manhattan and lives in New Rochelle. Mr. Cuomo said the new patient had an underlying respiratory illness and is now at NewYork-Presbyterian Hospital in the city. The mayors office said he was in serious condition.
Though he traveled recently to Miami, he had not traveled to any of the areas that are known hubs of transmission for the virus. For New York, this means the new coronavirus can no longer be thought of as an external threat that has yet to arrive.
Health authorities in New York are now scrambling to trace the chain of transmission in both directions: who infected him, and who he may have infected.
Two of the mans children have links to New York City. One child attends a Jewish high school in Riverdale, which was closed on Tuesday as a precaution. The other, a college student in the city who officials believed lives on campus, has exhibited symptoms associated with the illness.
Both of them have been quarantined and are being tested for coronavirus, according to Mr. de Blasio.
On Sunday, officials announced the states first case, a 39-year-old woman in Manhattan who had been visiting Iran, one of the epicenters of the viruss rapid worldwide spread.
Symptoms of the infection include fever, cough, difficulty breathing or shortness of breath, and gastrointestinal problems or diarrhea.
Serious cases cause lung lesions and pneumonia. But milder cases may resemble the flu or a cold, making detection of the more deadly coronavirus difficult.
Current estimates suggest that symptoms may appear in as few as two days or as many as 14 days after exposure.
If you think youre sick, stay home, except to get medical care. If you have symptoms, the C.D.C recommends that you call a medical professional if you have recently been in an area with a coronavirus outbreak, or have had close contact with someone who has been to such an area.
Fed rate cut fails to quell investor fears of a coronavirus hit to the economy.
The Federal Reserve delivered the emergency rate cut investors had been clamoring for at 10 a.m. on Tuesday. The market rally that followed lasted about 15 minutes.
By the end of trading on Tuesday, stocks were sharply lower and bond yields had plummeted to previously unthinkable lows, suggesting that investors think theres little the Federal Reserve can do to keep the coronavirus from hammering the U.S. economy.
The S&P 500 fell about 2.8 percent, undoing much of Mondays 4.6 percent surge. The yield on 10-year Treasury notes dropped below 1 percent.
Both moves suggest investors see growing threats to the outlook for economic growth and corporate profits over the next 10 months.
Economists around the globe sharply downgraded their economic growth expectations for the year. JPMorgan Chase economists and market analysts estimated that investors are pricing in a 90 percent chance of recession, according to a research note published Tuesday afternoon.
India curbs medicine exports, affecting supplies worldwide.
In response to the epidemic, the government of India on Tuesday curbed exports of 26 drugs and drug ingredients, including a wide range of antibiotics and certain vitamins, meaning that the new coronavirus could soon have ripple effects on people worldwide with other ailments.
The world relies heavily on Indias huge pharmaceutical industry for generic drugs, but Indian officials are concerned about safeguarding the supply for their own country.
Indian drug makers depend on Chinese factories for key drug ingredients, particularly for antibiotics and vitamins. The Covid-19 outbreak in China and quarantine of Hubei province, where much of the production is centered, has severely hampered Chinas ability to produce those ingredients.
Although Indian companies had stockpiled extra ingredients ahead of the annual Lunar New Year holiday, those reserves are now running low.
Its unclear whether Indias exports of the specified drugs will be completely stopped. The governments order said that exports of the drugs are restricted, which means a government permit is required before they can be shipped out of the country.
The antibiotics facing export limits are tinidazole, metronidazole, chloramphenicol, erythromycin salts, neomycin, clindamycin salts and ornidazole.
Other drugs on the restricted list include the painkiller acetaminophen, the hormone progesterone, the antiviral drug aciclovir, and the vitamins B1, B6 and B12.
Cruise ship passengers in the U.S. being released from quarantine.
Many of the more than 120 American evacuees from the Diamond Princess cruise ship in Japan were set to be released from quarantine on Tuesday from a military base in Texas, after state and local officials said the C.D.C. modified its release protocol in response to their concerns.
The former passengers have been at Lackland Air Force Base in San Antonio for roughly two weeks since being evacuated from the cruise ship. Those being released have tested negative for the virus and have not shown symptoms while in quarantine.
They were scheduled to go home on Monday, but their release was delayed at the urging of San Antonio and Texas state officials. The city tried and failed to obtain a federal court order barring the C.D.C. from releasing more people.
None of those released on Tuesday will stay at local hotels, city officials said, but instead will be taken on buses from the air base to the airport.
Quarantined people who have been infected must be symptom-free and have two negative test results within 24 hours are eligible for release.
Reporting and research were contributed by Jennifer Steinhauer, Katie Rogers, Christina Goldbaum, Reed Abelson, Sarah Kliff, Azi Paybarah, Jesse McKinley, Katie Thomas, Knvul Sheikh, Choe Sang-Hun, Peter Baker, Benjamin Mueller, Marc Santora, Joseph Goldstein, Michael Gold, Luis Ferre-Sadurni, Eric Schmitt, Helene Cooper, Roni Caryn Rabin, Russell Goldman, Paul Mozur, Raymond Zhong, Noah Weiland, Emily Cochrane, Aaron Krolik, Claire Fu, Elaine Yu, Elisabetta Povoledo, Vindu Goel, Manny Fernandez, Mitch Smith, Patrick J. Lyons, Richard Prez-Pea, Dagny Salas, Iliana Magra and Constant Meheut.
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U.S. Will Drop Limits on Virus Testing, Pence Says - The New York Times
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The Global Modular Construction Market is expected to grow from USD 98,365.84 Million in 2018 to USD 158,357.45 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 7.03%.
The latest report on Modular Construction Market released by Regal Intelligence, offers a detailed overview of the global industry. The report shows the latest market insights abstracting upcoming trends and breakdown of the products and services. The study details key statistics on the market status, size, share, and growth factors of the Modular Construction Industry. Further, this report covers statistics of the top key players: competitive landscape, demand and supply side, revenue and global market share.
Modular Construction Market Research follow a focused research framework that provides studies the crucial market dynamics in several regions across the world. The report also presents a holistic analysis based on the thorough research of the market dynamics such as market growth scenario, potential opportunities, competitive landscape and trend analysis. Secondary research was done to collect information on market, peer market, and parent market. This research is conducted to understand the current landscape of the market, especially in 2019. Top-down and bottom-up approaches were employed to estimate the complete Modular Construction market size. The analysis and insights will help all the manufacturers and investors to have a better understanding of the direction in which the market will be headed.
Overview of the Report of Modular Construction IndustryThe report examines segments and Modular Construction Market Data Break down, including major players. If you are involved in the Global Modular Construction industry, our study will provide you inclusive point of view. The report forecast the market size of segments with respect to countries in Americas (US, Canada, and Rest of Americas), Europe (UK, Germany, and Rest of Europe), APAC (China and Rest of APAC), MEA (KSA, UAE, and Rest of MEA), and ROW.
Top Players in the Market are: Atco, Bouygues Construction, Laing Orourke, Red Sea Housing, Vinci, Algeco Scotsman, Alta-Fab StructuresWestchester Modular Homes, Cimc Modular Building Systems Holding, Dubox, Fleetwood Australia, Guerdon Enterprises LLC, Kef Katerra, Kleusberg GmbH & Co. Kg, Koma Modular, Kwikspace Modular Buildings, Lendlease Corporation, Modular Space Corporation, NRB Inc., Skanska AB, and Wernick Group. On the basis of Material, the Global Modular Construction Market is studied across Plastic, Precast Concrete, Steel, and Wood.On the basis of Module, the Global Modular Construction Market is studied across Four-Sided Modules, Mixed Modules and Floor Cassettes, Modules Supported By A Primary Structure, Open-Sided Modules, and Partially Open-Sided Modules.On the basis of Type, the Global Modular Construction Market is studied across Permanent and Relocatable.On the basis of End User, the Global Modular Construction Market is studied across Commercial, Education, Healthcare, Housing, and Industrial.
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The study objectives of this report are:
Data Sources & Methodology
The primary sources involves the industry experts from the Global Modular Construction Market including the management organizations, processing organizations, analytics service providers of the industrys value chain. Our primary research is new research, derivate from a number of sources include
ing questionnaires, surveys or interviews with individuals or small groups. Primary research is conducted to validate both the data points obtained from secondary research and to fill in the data gaps after secondary research.
In the extensive primary research process data that has already been produced, compiled, gathered, organized and published by others. It is collected from a number of publicly available as well as paid databases include reports and studies by government agencies, trade associations or others. Additionally it includes documents, letters diaries, and autobiographies, referencing other forms of research and using quotes.
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Latest Comprehensive Report on Modular Construction Market is Booming Worldwide | Forecast 2025 - Bandera County Courier
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Indeed, offsite manufacturing is at the heart of the governments Construction 2025 industrial strategy and the Construction Sector Deal, alongside the adoption of digital technologies and a greater focus on the whole-life performance of built assets.
This ebook looks at the state of play for offsite construction and where it might be heading in 2020 and beyond.
Richard Hyams of architect astudio says this is the year that the housing and construction industry must change if we are to make real progress in tackling the housing crisis and this could lead to modular construction finally going mainstream.
Advances in offsite manufacturing techniques, alongside the emergence of AI and virtual reality modelling, mean modular construction now offers developers and residents a level of speed and quality of construction not previously available, Richard says.
Yet there are still a number of barriers that modular housing needs to overcome before it becomes widely implemented, not least some outdated policies and regulations that have hindered the industrys growth.
Richard explores some of the opportunities and challenges facing modular, and argues that in order to address the housing crisis, there needs to be a change in perspective about what it can bring to the table.
The rising profile of offsite construction was illustrated in November, when Homes England announced 30m to boost production at ilke Homes offsite factory, marking the first time a government body has directly invested in modular housing production.
Executive chairman Dave Sheridan discusses the deal in the wider context of government commitment to Modern Methods of Construction, the need to boost housing delivery and improve affordability.
Finally, Stewart Dalgarno of Stewart Milne Timber Systems discusses Advanced Industrialised Methods for the Construction of Homes (AIMCH), a three-year innovation project that hopes to tackle the housing crisis through greater collaboration, offsite construction, digital working and lean site assembly.
AIMCH aims to foster a mindset where advances in manufacturing and offsite systems are shared, creating a collective knowledge-based underpinned by the latest digital tools.
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2020: The year of offsite construction? - Planning, BIM & Construction Today
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Manchester-based housing associations Great Places and Equity Housing Group are set to merge next month to form a new provider with more than 24,000 homes on its books.
The pair said the tie-up, first mooted as a partnership last year, would build more affordable housing across the North-west, Yorkshire and Staffordshire.
As of 1 April 2020, Equity Housing Group, which operates nearly 5,000 homes, will cease to exist, with its assets transferring to Great Places.
Matthew Harrison, Great Places chief executive, who isset to head the newly-combined operation, said the organisation would pursue ambitious development targets.
As it unveiled the merger, Great Places announced it would spend invest 14.5m on building nearly 100 new homes in Blackburn (pictured), 16 of which will be built using modular construction, on the site of a derelict former nursing home.
It is also delivering a 2.7m scheme of 21 homes for affordable and social rent in the Little Hulton district of Salford, a development is located close to The Wells on Old Lane, an 8.6m mixed-tenure site delivering 83 new homes.
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Manchester associations Great Places and Equity Housing to merge - Housing Today
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Los Angeles' housing landscape is undergoing a transformation, as it and other big cities across the state continue to grapple with a housing crisis andresidents prepare for a new way of city living.
Bisnow/Joseph Pimentel
KFA's Lise Bornstein, GHC Housing's Monique Lawshe, Weingart Center's Tonja Boykin, Skid Row Housing Trust's Lee Raagas, Crate Modular's Amanda Gattenby and Flyaway Homes' Noyan Uras participated on a panel about affordable housing at Bisnow's multifamily event in Los Angeles.
Modular build-outs, people living in smaller units, co-living and multifamily developments that have large shared common areas and decked-out amenities are the future features of housing in Los Angeles, experts said.
"This is what's happening right now in market-rate housing," Flyaway Homes Chief Development Officer Noyan Uras toldBisnow after the State of Los Angeles Multifamily event Thursday in Downtown Los Angeles. "We're seeing more modular developments ... I'm seeing more co-living. This is the direction everyone is going towards and it needs to ripple into the affordable housing [industry] especially if we want to solve the homeless problem."
More than 600 people attended Bisnow's State of Multifamily event held Feb. 27 at the JW Marriott LA Live in Downtown Los Angeles. At the morning event, panelists discussed thenew rent control measure that will appear on the ballot in November, how the Inland Empire is becoming a viable market for multifamily investors, co-living and the state of Southern California's multifamily industry.
"Southern California is the darling of the multifamily industry," JPI Cos.Executive Vice Presidentand Regional Managing Partner Rosie Cooper said, adding thatshe expects 3% to 4% rent growthin certain markets.
Experts also weighed in on the coronavirus, which as of Tuesday, has infected more than 43,100 people and killed 1,000, mostly in China, according to Johns HopkinsUniversity.Universe Holdingsfounder and CEO Henry Manoucheri openly expressed his concern about the coronavirus and its impact on commercial real estate and the global markets.
"The signs are troubling," Manoucheri said. "Here we are, the market has been down, one day, two days and then three days in a row. I haven't seen this movie since 2007 when the recession was about to hit. The signs are there."
Bisnow/Joseph Pimentel
Blueground's Christopher Tin, NMS Properties' Neil Shekhter, NorthMarq's Shane Shafer, TruAmerica's Noah Hochman, Onyx Relocation's Shelby Istrin, Decron Properties' Daniel Nagel and Parakeet's Brad Huber
Manoucheri said the coronavirus has closed down countries. Airlines stocks have dipped as people are more wary of traveling to certain countries, he said.
Other panelists were more cautious.
"It's a unique situation," Swinerton Director of Preconstruction Daniel Getting said.
Brookfield Properties Vice President of Mixed-Use Development Patrick Rhodes said Brookfield is monitoring the situation.
Another big topic discussed by panelists was the state of affordable housing and the growing homelessnesscrisis in Los Angeles. In order to meet the region's housing needs, developers and housing advocates areturning to building co-living and microunits.
NMS Properties' Neil Shekter,a major player in microunit development in Los Angeles, said he has found it doesn't matter how small the unit is. If you build in asuperb area, such as the Westside and Santa Monica, people will come.
"In our business model, location is the biggest amenity," Shekter said.
Co-living is also another alternative to continue getting young people to move to the city andhelp drive Los Angeles' economy. While the average rent in Los Angeles is more than $2,500 a month, co-living developments offer a room with a Japanese-style pod or bed, but with a lot of shared amenities for less than a $1K.
"The idea of short-term, reasonably low-priced options for this younger demographic is extremely enticing to them," Streetsense Managing Principal Eric Burka said. "The idea of only spending $700 or $800 a month, they can handle that. That is affordable. Before there was no option. They have to rent, get furniture and move in a year ... They are more affordable to the people and more profitable to the developer."
Bisnow/Joseph Pimentel
An attendee asks a question about Los Angeles' multifamily landscape during Bisnow's multifamily event in downtown Los Angeles.
But when it comes to quickly getting a project up to market, modular construction is key, especially when it comes to housing the homeless, experts said.
Last week, craneswere moving modular units to a site in Buena Park for a new 150-bed homeless shelter. If this was a traditional ground-up development, it would have taken at least a year and a halfto build a ground-up structure not including designing the building, which could have taken an additionalthree to four months, Crate Vice President of Development Amanda Gattenby said.
Using modular has dropped construction time significantly. Crate received the project in July, and the new homeless shelter is slated to open in April. It only took nine months, Gattenby said.
"Everyone knows how serious the housing crisis is," Gattenby said. "The homeless crisis has exploded in the past five years. We've seen it localized in Skid Row [in downtown Los Angeles] to having it in the outer ring suburbs, where we haven't seen it before."
Gattenby said the homeless situation is a complexsituation with several causes.
"There is a mental health crisis as well," Gattenby said. "We can't only just build the units, we also have to provide services. This is key."
Uras of Flyaway Homes said assuring residents or NIMBYs that services are going to be provided in affordable housing projects can help stem their protests.
ManyCalifornians are concerned that an affordable housing component could drive down property prices or create crime in the neighborhood. But adding and placing services in those buildings to help those formerly homeless residents, can help eliminate those fears, Uras said.
"They think that we just build these projects and then we leave and what happens next?" Uras said. "That's not the case. We are here to provide them reliable services."
Originally posted here:
The Future Of Multifamily Space In Los Angeles: Modular, Microunits And Co-Living - Bisnow
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THE new tenant of a North Wales housing association is delighted that she has been able to stay in her local village in an innovative new home.
Two tenants have moved to two new Grwp Cynefin homes built off-site, as modular units, and erected at Maes Glyndwr, Cynwyd.
The two new homes are an addition to six traditionally built houses already owned by Grwp Cynefin on the site.
"It's been reassuring to be able to continue to live here in Cynwyd, a village that has been my home for over a quarter of a century, and where I have raised my family," said tenant Angela Bethan Gregory.
I am so pleased that I spoke to my local county councillor for advice and that the housing officer of Grwp Cynefin made contact with me to say that two new houses were being built here.
"Within a few months, I have moved into an innovative house and settled well into my new home.
The modular housing scheme, built in partnership with the Welsh Government's innovative housing programme, helps reduce energy costs for tenants.
The ready-made, two-bedroom homes are designed to retain heat, with environmentally friendly timber frames that help keep the properties warm.
Everything runs on electricity here, where in my old home I had gas and electricity supply. Were still trying to get used to the new heating system which is technologically clever.
The design of the house is spot on, it flows well downstairs and the patio doors open out into the garden.
"The bedrooms are large, and there are very useful storage areas within the house.
"We are in a lovely location, it's quiet here, and I am enjoying being in my new home. The grandchildren are delighted to visit and are both enjoying the new house with gran!
The contractor spent less time on site due to the modular construction method, and although there were some delay due to on-site drainage works, the process has had less impact on the local community as the work progressed.
The modular units were produced by specialist manufacturer F1 Modular from Newtown, Powys.
Shan Lloyd Williams, chief executive of Grwp Cynefin, said: "We are proud to provide our tenants with these high quality homes so they can live their modern lives comfortably.
"And hearing that the tenants are settling in and enjoying living in their homes is very positive.
This project is an important part of our development programme, as we aim to build 120 new homes a year for the next few years, and are actively looking for more opportunities to develop.
"Building quality, affordable homes in rural areas such as Cynwyd helps to address the identified need, giving each and every one of us a sense of pride in our work - thank you to everyone involved.
The Denbighshire councillor who represents Llandrillo residents Mabon ap Gwynfor said: It has been a positive experience to assist two local tenants within Llandrillo to discuss their housing needs with Grwp Cynefin.
"Ensuring quality homes in a rural location like Cynwyd is always a challenge, and I take great pride in the fact that tenants who live and work locally have moved into these new homes.
The new homes will be in addition to Grwp Cynefins 4,800 housing stock included within the associations property portfolio.
Working across North Wales and north Powys, it strives to provide high-quality affordable homes that meet local community needs.
For more information, visit http://www.grwpcynefin.org or call 0300 111 2122.
Continued here:
Tenants move into innovative modular homes located in the Dee Valley - Denbighshire Free Press
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Modular Homes Market Size, Type, Application, and Regional Analysis, Trading Analysis, Industry Analysis, Premium Insights, Patent Analysis, Market Attractiveness, Competitive Landscape, Traders/Distributors, Key Buyers, Forecasts 20202025
The Global Modular Homes Market study exhibits a comprehensive analysis of the present and future market trends across the globe. The study presented by Reportspedia presents convincing data referring to the commercialization aspects, industry dimension, and profit estimation of the market. The latest report on the Modular Homes industry is a provides the end-to-end analysis of this business vertical, and includes the detailed information about the industry, with respect to key constraints such as the present market size, revenue, market share, periodic deliverables, and profits estimations for the estimate period of 20202025.
Get Free PDF Sample Report(Including Full TOC, List of Tables & Figures, Chart):
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The Leading Companies Included In the Reports Are:
Bouygues ConstructionLendlease CorporationLaing OrourkeSeikisui HouseClayton HomesChampionModular Space CorporationDaiwa HouseCavco Industries, Inc.Algeco ScotsmanRed Sea HousingRedman HomesFleetwood AustraliaKwikspace Modular BuildingsHorizon North LogisticsKleusberg GmbH & Co. KgKEE KaterraPleasant Valley HomesAlta-Fab StructuresArts Way ManufacturingNRB Inc.Wernick GroupWestchester Modular HomesModscapePratt Construction IncorporatedKoma ModularNew Era HomesGuerdon Enterprises LLCHickory GroupLebanon Valley Homes
Trade analysis of the market is also the key aspects of the report as it provides information on the import and export of the product across the globe. Analysis tools like SWOT analysis and Porters five force model have been provided to present a perfect in-depth knowledge about Modular Homes market. The industry is also been analyzed in terms of value chain analysis and analysis of regulatory policies.
The study also illustrates the competitive landscape of foremost manufacturers in the industry with their diverse portfolio and geographical expansion activities. The Modular Homes market report by Reportspedia also includes participants financial overview which consists of an assessment of revenue outcomes, sales volume, gross margin, cash flow, capital investment, and growth rate which will allow clients to gain intact knowledge of participants financial strengths and position in the global Modular Homes industry.
For more Queries. Enquire Here @
https://www.reportspedia.com/report/chemicals-and-materials/global-modular-homes-market-2019-by-manufacturers,-regions,-type-and-application,-forecast-to-2024/24825 #inquiry_before_buying
Market Size Segmentation by Region (or Countries), Types and Applications:
Key Focused Regions in the Modular Homes market:
South America (Brazil, Argentina)
The Middle East & Africa(South Africa, Saudi Arabia)
Europe (Spain, U.K., Italy, Germany, Russia, France)
North America (U.S., Mexico, Canada)
Asia-Pacific (China, Japan, India, Southeast Asia)
Global Modular Homes Market Size Segmentation by Type:
RanchCape CodTwo-story homesCabin/Chalet
Global Modular Homes Market Size Segmentation by Application:
999 sq ft Floor1000 sq ft 1499 sq ft Floor1500 sq ft 1999 sq ft Floor2000 sq ft 2499 sq ft FloorMore than 2500 sq ft Floor
There are 15 Chapters to deeply display the global Modular Homes market.Chapter 1, to describe Modular Homes Introduction, product scope, market overview, market opportunities, market risk, market driving force;Chapter 2, to analyze the top manufacturers of Modular Homes, with sales, revenue, and price of Modular Homes, in 2017 and 2018;Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2018;Chapter 4, to show the global market by regions, with sales, revenue and market share of Modular Homes, for each region, from 2014 to 2019;Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2014 to 2019;Chapter 12, Modular Homes market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024;Chapter 13, 14 and 15, to describe Modular Homes sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Report Objectives:
1) Examination of the global Modular Homes market size by value and size.
2) To accurately calculate the market segments, consumption, and other dynamic factors of the various units of the market.
3) Determination of the key dynamics of the market.
4) To highpoint key trends in the market in terms of manufacturing, revenue and sales.
5) To summarize the top players of Global Modular Homes industry and show how they compete in the industry.
6) Study of industry procedures and costs, product pricing and various developments associated with them.
7) To showcase the performance of different regions and countries in the Global Modular Homes market.
The Report Answers the key Questions
What are the important trends and dynamics?
Where will most development take place in the long term?
Which regulation thats will impact the industry
What does the competitive landscape look like?
What the openings are yet to come?
TOC of Modular Homes Market Report Includes:
1 Industry Overview of Modular Homes Market
2 Industry Chain Analysis
3 Manufacturing Technology
4 Major Manufacturers Analysis
5 Global Productions, Revenue and Price Analysis by Regions, Creators, Types and Applications
6 Global and Foremost Regions Capacity, Production, Revenue and Growth Rate of Modular Homes market (2015-2019)
7 Consumption Volumes, Consumption Value, Import, Export and Trade Price Study of Modular Homes market by Regions
8 Gross and Gross Margin Examination
9 Marketing Traders or Distributor Examination
10 Worldwide Impacts on Modular Homes Industry
11 Development Trend Analysis
12 Contact information of Modular Homes
13 New Project Investment Feasibility Analysis
14 Conclusion of the Global Modular Homes Industry 2020 Market Research Report
Click here to view the full report: https://www.reportspedia.com/report/chemicals-and-materials/global-modular-homes-market-2019-by-manufacturers,-regions,-type-and-application,-forecast-to-2024/24825 #table_of_contents
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Global Modular Homes Market Analysis, Key Insights, and Forecast 2026 By Application, Type, End User and Region - Feed Road
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PEMBROKE The Pembroke Town Council rejected on Monday a rezoning request that would have cleared the way for construction of housing for homeless veterans.
The council voted 3-1 to deny the request from the Lumbee Tribe of North Carolina.
With a burdened heart, I make a motion to not approve the request, Councilman Channing Jones said.
Councilman Ryan Sampson cast the lone no vote on Jones motion.
In February, the tribe asked the council to rezone the land from multi-family to residential district and to issue a conditional-use permit for the operation of a mobile home park to be called Veterans Village near Arrow Point subdivision. The request was tabled until Mondays meeting.
The tribe-funded project called for the placing of 20 14-by-64-foot single-wide mobile homes on a nine-acre tract of land off Darkwater Lane, located behind the Boys and Girls Club and Tribal Administration Complex, also known as The Turtle.
The homes would be furnished, maintained and secured by the tribe, said Bradley Locklear, Lumbee Tribal Housing director.
The proposal was made possible by a partnership between the Lumbee Tribe and the federal Department of Housing and Urban Development, the Federal Emergency Management Agency and the U.S. Department of Veterans Affairs.
We were awarded these homes because of our performance and positive standing with HUD, Lumbee Tribe Chairman Harvey Godwin Jr. said. HUD gave us these homes for free.
During his presentation, Locklear was backed by tribal members who support the project.
Gregory Jacobs, a volunteer Veterans Services officer with the tribe, spoke about the homes and what the tribe does for its veterans.
This is our opportunity to utilize property that has been given to us, Jacobs said. Veterans bond together. They need a second chance just like anyone in here needs a second chance.
Im pouring my heart out to you.
Jacobs also told the council members that neighboring residents should not object to the mobile homes.
These homes are built better than modular homes, Jacobs said. I did some research, and 38% to 40% of the homes in Robeson County are mobile.
Gary Deese, retired military veteran, made a passionate plea to the council members, specifically to Mayor Gregory Cummings, a Vietnam War veteran.
I would like to plead to the council, a veteran to a veteran, Deese said. Consider our veterans and consider what this would be for our community. The word would get out that Pembroke is veteran friendly.
These trailers, I would not be ashamed to live in.
Council members assured the audience that whether or not the town supported veterans is not the issue.
To all the veterans in the room thank you for your service, Jones said. I most certainly know the need our veterans have. Theres nothing about the council that wants to anything but help our veterans.
Jones and Councilman Larry McNeill said the problem is the potential for spot zoning and issues with future developers wanting to open mobile home parks.
Its clearly inconsistent with the current development that is there, Jones said. The consideration is that if this type of development goes forward, can this council be consistent with future developers? This council has to make a decision based on everybody.
Councilwoman Theresa Locklear asked tribal leaders if they had a Plan B.
Not at the moment, Godwin said.
These veterans have been on our waiting list for the past two years, Bradley Locklear said. This was the plan to expedite it quickly.
Jones said the town would partner with the tribe in finding another route.
In other business, the council approved an amendment to the Unified Development Ordinance, Article 10 Table of Permitted Use, to add brewery as a permitted use. The board also awarded the applicant, the A.S. Thomas Center, a conditional-use permit to operate a mixed-use development at 205 Union Chapel Road.
The A.S. Thomas Center will be a 36,000-square-foot, mixed-use development that will feature retail, restaurants and student apartment-style housing with a total of 34 bedrooms. Developed by Thomas Properties Group in partnership with Metcon Buildings and Infrastructure, the development is the first in a series of planned downtown revitalization projects. Metcon will provide design/build services for the project.
Anchor tenants for the new space include microbrewery Lonerider Spirits Distillery & Brewery and New York Deli. The new center will replace the existing Pates Supply storefront on Union Chapel Road.
The total investment is around $8 million, Metcon President and CEO Aaron Thomas said.
A groundbreaking ceremony for the center is scheduled for 3 p.m. Friday.
Council members approved a request from the N.C. Department of Transportation to initiate a 30-day public comment period so town residents can give their input on recommendations contained in a Traffic Separation Study. The purpose of the study is to identify ways to reduce accidents and improve the overall safety at railroad crossings in the town.
A draft will be available on the towns website, and Councilman Jones requested maps be displayed at Town Hall.
Also on Monday, the council:
Tabled a request to amend the towns Unified Development Ordinance to add Public Safety Stations such as fire stations, police stations and rescue squads as permitted uses in a R-8 Residential District. The applicant is the Pembroke Rescue Squad, which currently is in a R-8 District.
Approved a resolution closing Union Chapel Road from Second Street to Third Street on Friday from 11 a.m. to 6 p.m. for the groundbreaking of the A.S. Thomas Center.
Set a public hearing date for the April meeting for a condition-use permit request to build a mixed-use development on Corinth and Prospect roads.
Jones
Gregory Jacobs, a volunteer Veterans Services officer with the Lumbee Tribe, asks the Pembroke Town Council on Monday to consider rezoning land to allow the tribe to develop Veterans Village, a housing project for homeless veterans. The council voted 3-1 to deny the request.
Tribe wanted to place home near The Turtle
Tomeka Sinclair can be reached at [emailprotected] or 910-416-5865.
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Pembroke rejects tribes bid to provide housing for homeless veterans - The Robesonian
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