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How technology can help you maintain your profit margins at residential projects

Lets Build

Setbacks like supply chain disruptions and rising energy prices are putting pressure on residential construction profit margins. We’ll explore three ways this technology is keeping the residential construction industry profitable. More to read: Common challenges of residential construction projects.

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California is a Model for PACE Loan Reform

Green Building Law Update

California’s statutory changes to its existing residential Property Assessed Clean Energy (PACE) financing program, that became effective January 1, 2017, may be a model for residential PACE programs across the nation. The first residential PACE program started in Berkeley, California in 2007. 2693 and Assembly Bill No.

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Adaptive reuse: 5 benefits of office-to-residential conversions

BD+C

Adaptive reuse: 5 benefits of office-to-residential conversions FitzGerald completed renovations on Millennium on LaSalle, a 14-story building in the heart of Chicago’s Loop. Originally built in 1902, the former office building now comprises 211 apartment units and marks LaSalle Street’s first complete office-to-residential conversion.

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Rethinking the residential contractor sales model: The “Valve Stem” sales strategy

Construction Marketing Ideas

Corey Philip of HomeProSuccess suggests a timing adjustment about when to present the price/offer when you are conducting a residential sales call can bring about big differences in the closing rate and relationship quality. He calls it the “valve stem strategy” and the concept is quite simple.

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Dept. of Energy issues model energy code determinations for commercial, residential buildings

BD+C

Department of Energy has issued pre-publication Federal Register notice regarding updated model building energy codes. 2019 will increase energy efficiency in residential and commercial buildings, the notice says. The IECC will increase efficiency in residential buildings by 9.4%, DOE says.

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South Miami Poised to Mandate Solar Panels

Green Building Law Update

The ordinance is modeled after similar laws enacted in the California municipalities of Lancaster, Sebastopol, and Santa Monica, and the City of San Francisco. The ordinance is likely to pass given that at its July 12 meeting the second reader version of this ordinance passed with a 4 to 1 vote. The ordinance is here.

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Low Carbon Concrete for the First Time Required by Law

Green Building Law Update

Possibly most significant, the code provides a form of non-residential specification and residential specification that could be a model for construction contract provisions. The code provides for substituting one of several pozzolans, such as fly ash, slag and other Portland cement replacements.

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