For the 2nd Global Multifamily & BTR Committee session, GRI Members and Special Guests gathered to share several case studies on the alternatives to make BTR investment feasible and green. Is it possible through 3D printing, modular and technological improvements?
Important Takeaways:
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Not only new material methods will drive impact investments, but Multifamily & BTR business model as a whole. Investors are optimistic about its future.
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3D printers can make a huge difference by providing complex shapes and sophisticated architecture at no extra cost and might represent a great opportunity for mass customization designs.
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3D methods don’t necessarily become more profitable if used in every construction process. They can rather produce unnecessary cost and complexity.
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3D printing is now a feasible technology in Europe as developments have achieved full permits from building authorities.
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3D has grown exponentially in Houston. In the last two years, the number of multifamily units that have been rented doubled.
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Modular construction improves timelines, cost certainty, product consistency, and quality assurance compared to traditional techniques.
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3D and modular supply chains are still nascent, and the approach seems to vary significantly among real estate players. But Committee Members seem optimistic about rethinking their product strategy with new technologies.