Modular construction has been long promoted as the future of real estate development, but still has yet to widely and significantly break ground for how we build in Los Angeles. However, with skyrocketing construction costs, a historic housing supply crisis, and advances in technology, is this sector poised to reenter the mainstream and become a widespread method of construction? As property prices and market rate rents soar, and with affordable housing construction costs regularly exceeding $500,000/unit, governments, community leaders, and real estate professionals are eager to find ways to reduce the cost of building and bring more units to market. Can modular construction reduce costs and usher in a future of housing abundance? Are city governments and the State welcoming this new technology? Or are the cost savings not so clear, is implementation easier said than done, and are our building codes and lending practices too rigid to meet this new opportunity?
Join the Westside Urban Forum as we gather to discuss present and future obstacles for modular construction and explore its potential for transformative change.
Thursday, September 22nd, 2022 8:30 am – 9:30 am PST
Helms Design Center
Doors open at 7:45 for breakfast and mingling before the panel begins
To RSVP, go to http://www.westsideurbanforum.com/
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