Several affordable projects in the area are assembling apartments off-site and then simply locking them into place. If they’re successful, it could cut millions of dollars off construction costs and months off building timelines.
Building just one affordable studio apartment in San Francisco can cost as much as $600,000 to $800,000—and finishing the building can take as long as six years. A few years ago, Tipping Point Community, a local nonprofit, started searching for a better approach. “We just saw 25, 30 years of work that really wasn’t changing anything, unfortunately,” says Daniel Lurie, founder and board chair of Tipping Point. “And we knew we wanted to try something different.”
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