More for Less? An Inquiry into Design and Construction Strategies for Addressing Multifamily Housing Costs
March 16, 2024 by The report explores the rising demand for affordable multifamily housing amidst increasing construction and land costs. It highlights the challenges faced by developers, architects, and contractors, emphasizing the need for policy changes and innovative design and construction strategies. The report is based on interviews with over 30 multifamily housing experts and focuses on practical strategies to reduce costs without compromising quality. Key strategies include optimizing site selection, engaging contractors early, and using new materials and techniques. The report also underscores the importance of balancing cost reduction with long-term environmental and social goals. Overall, it provides a comprehensive guide for project teams to navigate the complexities of multifamily housing development.