Los Angeles developers are taking note of the Clement Canopy buildings in Singapore. The two 40-story towers are the largest modular construction buildings in the world, and set a new standard of the potential for modular building. In Los Angeles, modular construction has the ability to revolutionize new construction, and the Clement Canopy buildings are a great example of the possibilities.

“Los Angeles is a very expensive market to build in, with rising construction costs,” Aurelie Clereaux, head of modular construction at Bouygues Bâtiment International, the construction company behind the Clement Canopy buildings, tells GlobeSt.com. “Modular solutions can help address the challenge of rising costs and help tackle the issues of labor shortages, as well as the need for fast delivery schedules. Because the construction timelines with modular buildings are shorter, there are also less interruptions to traffic and neighborhoods.”

While there is a tendency to link modular construction to hotel assets, modular construction is actually a fit for all asset classes. “It is becoming easier every day to build more of the modules offsite and therefore limit the remaining work left to be done onsite,” says Clereaux.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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