Friday, May 18, 2018

$63 Million in new Modular Construction in San Francisco

Two micro-unit housing projects in San Francisco's Tenderloin will soon to start construction.

Developer Forge Land Co. filed building permits valued at $33 million for the 98-unit 145 Leavenworth St. project and $30 million for the 136-unit 361 Turk St. project.

Forge's units will range from 250 square feet to 440 square feet. The developer is planning to use pre-fabricated steel assembled outside of San Francisco to bring costs down, but haven't identified a factory.

More developers are embracing modular construction as a way to save money. But San Francisco's construction unions are largely opposed to the practice because jobs are shifted outside of the city.

As if we hadn’t heard this before.

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