Unveiling the Pros and Cons of Modern Methods of Construction (MMC)
Volumetric modular construction has taken the construction industry by storm, emerging as a promising solution in the realm of modern methods of construction (MMC). However, amidst the buzz, questions often outweigh answers, leaving even seasoned developers seeking guidance. In this series, we address these questions head-on, shedding light on the intricacies of modular construction and its potential impact on the industry.
*Is Volumetric Modular Construction a Fad or the Future?*
In an industry characterized by innovation, the question of whether volumetric modular construction is here to stay or merely a passing trend is a common concern. To address this, we've compiled a series of frequently asked questions, presented in a 3-part installment, to delve deeper into this evolving construction landscape.
*Is Your Project a Candidate for Modular Construction?*
The first installment kicks off by examining the crucial question: Is modular construction suitable for your project? Answering a series of specific questions can provide valuable insights:
- Are you in a high-cost labor market?
- Is your project situated in an urban area where construction disruptions are a concern?
- Is a compressed construction timeline a priority?
- Can the modular format accommodate your unit dimensions?
- Are you contemplating a ground floor podium, even if traditional construction is used?
A positive response to any of these questions indicates that modular construction could be a viable option for your project.
*Selecting the Right Team for Modular Success:*
While not an absolute requirement, engaging an experienced contractor specializing in modular construction is strongly recommended. The intricacies of modular projects demand a unique skill set and comprehensive knowledge. Collaborating with a seasoned team can significantly mitigate challenges and ensure seamless execution.
*Making the Decision: When to Go Modular:*
The timing of the decision to embrace modular construction is paramount. Early engagement is key, as modular projects entail a distinct design approach that should be integrated into the project's planning from the outset. Failing to do so could result in design inefficiencies that negate any potential time savings.
*Architects and Engineers in Modular Construction:*
The conversation also touches upon the role of architects and engineers in modular projects. While modular manufacturers provide unit plans, architects and engineers play a pivotal role in translating these plans into a comprehensive design that adheres to building codes. Collaborating with design firms experienced in offsite construction is advised for a successful outcome.
*Conversion from Traditional to Modular: A Possibility?*
For projects still in the design phase, transitioning from traditional to modular construction might still be feasible. Double demising walls and other modular-specific considerations might necessitate redesigning certain aspects, but the potential time and cost savings could make it a worthwhile endeavor.
*Understanding the Financial Landscape:*
The financial structure for modular projects varies from traditional construction. Upfront funding—60-70% of the construction cost for module procurement—is unlike conventional construction loans. Educating lenders about this shift is essential. Lender confidence in modular construction is on the rise, driven by its growing prevalence.
*The Accelerated Timeline of Modular Construction:*
A significant benefit of modular construction is its ability to reduce project timelines. Modular units can be fabricated offsite concurrently with foundation and podium construction onsite. This synchronized approach typically trims three to six months from a standard 4- to 5-story, 100-unit building, compared to traditional methods.
The journey through the world of volumetric modular construction unveils its promise and potential pitfalls. Stay tuned for the next installment as we continue to explore the intricacies of MMC and empower you with insights for informed decisions in your construction ventures.