MODULAR Condominium bldg. Ideas?

[Shawn Mims]

Hi all,

I'm in the process of developing my property around the West Hollywood (LA) area, and I'm very interested in considering modular construction vs. traditional stick for my 4-story, 7-unit building.

Any thoughts?

Does anyone have any experience with this in Los Angeles/San Diego? Specifically:

1- On average, does it cost more/less than traditional? I'm getting quotes of $190-$210 for traditional construction. I've read on some sites where I could save 10-20% over traditional stick but is this realistic?

2- It's a shorter construction time, but by how much could I realistically expect?

3- Is the approval/permit process the same compared to traditional construction? 

4- Resale? These new units will be sold as condominiums, so I'm very interested to see if modular affects the asking price either positively or negatively? 

5- I've run across EcoSteel. Any other companies that anyone would recommend that are larger and therefor less expensive? 

Thanks in advance for any tips or info everyone. I really love the idea of building with less waste, and in a more environmentally efficient way, but ultimately it's also about cost and time. Thanks.