Featured Projects
SHowing the Impact of offsite construction
Luxury 202-unit modular apartment building sells in Edina, showing how offsite techniques can deliver high-quality construction
According to reporting from Finance & Commerce, the building sold for $50.45, making it “one of Minnesota’s largest modular-built apartment transactions.” JLL Capital Markets, which facilitated the sale, indicated in a press release that Oaks Properties acquired the asset.
According the building’s portfolio page from Cunningham, “The Eddi Apartments, developed in collaboration with RISE Modular and Solomon Real Estate Group, is a 202-unit rental community, featuring both market-rate and affordable units, that sets a new standard for commercial modular projects in Minnesota. As the largest modular multi-family development in the state and one of the largest commercial volumetric wood-frame modular projects in the United States, The Eddi is comprised of 205 modules within a 244,000-square-foot, six-story building.”
Photo credit: Cunningham
Video credit: Rise Modular
Modular scattered site projects deliver affordable housing in Minneapolis
More information to come!
Federal Reserve Bank of Minneapolis evaluates potential impact of modular construction
“Delivering housing innovation on a flatbed trailer: How volumetric modular construction could contribute to housing supply and affordability