Forest City Ratner Moves Ahead with Modular Project

Real Estate Weekly tells MHProNews groundbreaking for the first phase of developer Forest City Ratner Companies’ (FCRC) Atlantic Yards modular project in Brooklyn will be held Dec. 18 with completion set for 2014. Built in partnership with Skanska USA, a Swedish modular firm, and designed by architectural firm ShoP, the 32-story building will have 363 living units, 181 of which will be for low-to-moderate income residents and 182 for market rate. There will be 150 studio apartments, 165 one-bedroom and 48 two-bedroom units. The 125 unionized workers will be organized into a newly-formed Modular Division of the Building and Construction Trades Council, and will build the 930 modules in a 100,000 square foot facility at the Brooklyn Navy Yard. William Femming, president and CEO of Skanska USA Building, says, “With this project and with our partnership with FCRC and the Construction Trades, we are also building a new industry that has potential to become New York City’s newest export, a product and process that can transform how construction is done in this century. We are proud to bring our expertise in prefabrication to the residential market for the first time in New York City.”

(Image credit: Real Estate Weekly–Forest Ratner Brooklyn project)

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