Since 2014, Michael Snedeker has rendered professional guidance in the construction and development space. Based in the Boston area, Michael Snedeker helps commercial real estate businesses of various sizes formulate long-term development plans and business strategies, including advising on novel and cost-effective methods of construction.
Growing demand for housing and commercial real estate combined with a smaller pool of skilled workers and advances in construction technologies have boosted offsite construction. Unlike traditional construction methods, the bulk of offsite construction takes place in a factory. Offsite construction streamlines many aspects of the building process, thereby reducing shipping and hiring costs. By centralizing the building process, labor needs can often be reduced by more than half. Offsite or modular construction practices appeal to many developers, including those who are interested in working in multiple markets but want to reduce cost and maintain strict timelines. Recent studies indicated that 93 percent of surveyed professionals had used offsite construction methods on at least one project. This figure is expected to rise, as the offsite construction market is projected to grow by 6 percent over the next five years.
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AuthorThroughout his career in Commercial Real Estate, Michael Snedeker has demonstrated a dual commitment to production and client service. Archives |