As the real estate industry deals with rising costs, labor shortages, and increased environmental concerns, the use of mass timber is gaining traction as a viable solution in the multifamily space. Large pre-manufactured, multilayered, solid wood panels are fire-resistant, strong, and sustainable, while also reducing construction and labor costs, making them an attractive option for developers. Despite taking a while to gain traction in the United States, the use of mass timber is on the rise and may become more common in buildings.
\MORE INFO: Realtor Magazine
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