There is no doubt, these are challenging times for our economy, but the demand for affordable housing will continue to rise.
“As the nation recovers from the pandemic, it is essential to expand the supply of lower-cost rental housing. Allowing developers more flexibility in land use and reducing the procedural barriers to development would make building apartments less expensive,” according to the Joint Center for Housing Studies
“Demand for multifamily housing is great and the need to build multifamily housing for the long-term, driven by environmental and social goals of affordability, quality of life, and environmental performance is greater than ever. The design and construction strategies in my paper reflect the insights of experienced multifamily teams who have considered cost and quality throughout the design and construction process.”
In an effort to cut costs during the development, while building cost efficient, high quality, and sustainable housing, Hannah Hoyt list some strategies to reduce costs in her article, “More for Less?: How DESIGN AND CONSTRUCTION DECISIONS CAN (AND CAN’T) ADDRESS MULTIFAMILY HOUSING COSTS.”
The multifamily experts I interviewed shared strategies (and some experimental ideas) for addressing cost increases and anticipating cost challenges. Developing on oddly-shaped lots, spending more upfront to understand site conditions, integrating general contractors into design conversations, devoting design attention to unit layout and proportions, and investing upfront in building energy performance: these strategies cut across planning, design, and construction phases, offering a range of opportunities for teams to save time and control costs.
Here at SWET Construction we understand the challenges that face the Multifamily housing industry. Our offices throughout the Southeastern United States are committed to building quality relationships with our clients and create living environments, families want to live while protecting construction cost and quickly responding to emergency situations.
We start with a comprehensive, detailed design incorporating all phases of the project. Ensuring the design specifications stays on budget and within the time restraints. Multifamily housing is becoming healthier, smarter and all-inclusive. SWET Construction Group understands the big picture and well as the small details.
We have the experience and knowledge to handle large multi-family construction to a more modest dimensions. We take pride in our professionalism and innovative approach, we are known for our quick turn around on projects and being cost efficient.
We encourage you to contact SWET Construction Group to discuss your building project. Our professionals will show you, examples and discuss options. We are able to work within your budget and will suggest cost saving options for your project.