Demand for multifamily housing is high and getting to market quickly to meet that demand is a challenge in today’s heated construction market. Northwest Ventures Group used modular technology to cut five months off their construction schedule and reduce market risk.  Dekum 13, a 28-unit apartment project developed by NVG, was erected on site in just two days.  In an interview with the Portland Business Journal, Mark Reed, principal with NVG boasted, “It came off without a hitch.”

Mr. Reed went on to say, “You really gain efficiencies with modular by building the same kind of units over and over,” and “You don’t have to change the design every time, so it significantly cuts your development cycle.”

Developers like NVG use modular to:

  • Complete projects quicker
  • Respond to market demands sooner
  • Turn capital with less risk and higher profits for investors
  • Take advantage of factory facilitated dry construction during all seasons
  • Control construction costs
  • Minimize change orders
  • And easily duplicate designs for future projects

Dekum 13’s 28 residential units which range from 375 to 475 sq. ft. became available to eager renters in the Summer of 2016.  If you’re in the PDX area, take a drive by 1308 N.E. Dekum St. and see this quality product, built quickly at a competitive price.

 

RELATED LINKS:

5/9/2016 Portland Business Journal – Modular construction makes its way to Portland’s apartment scene

Dekum 13 Website – http://www.13dekum.com/

MJP Management – http://www.mjpmanagement.com/