The residential developer of a $4.5 plus billion project is thinking outside the box. The mixed used project, Atlantic Yards, is developing a 15 building site with prefabricated construction. Modules are being assembled a couple of blocks away and it is expected to slash construction costs and make the project more profitable. The project will also try to set a milestone by building the world's tallest modular building, a 32 story building. The developer, Forest City, is moving ahead with the modular buildings as the original design was too pricey, and the design was rejected. In addition to these innovations, the project is also using union workers earning 25 percent below the average construction wage.
The modular building is designed in such way that the structural steel system will hold all modular pieces together creating a strong inner core. The company said it would finish the building by summer 2014. Once the building is completed, the developer will design taller modular buildings.
Photo © USAG-Humphreys
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