Dive Brief:
Warren Buffett is forging further into modular construction, leveraging the Berkshire Hathaway-owned MiTek engineered building products and construction software firm to launch a hybrid offsite-on site building model targeted at hospitality, health care, education and multifamily construction.
In a release, Chesterfield, Missouri-based MiTek announced a partnership with New York-based, modular-focused Danny Forster & Architecture to ship sub-assembly components to jobsites, where contractors would follow simplified instructions and use the firm s software to put them together. Modular has such clear advantages, but for your average commercial builder, the risks are too high and the learning curve is too steep, DF&A principal Danny Forster, who designed New York s planned 26-story AC by Marriott, which will be the tallest modular hotel in the world if built, said in the statement. Our activation platform will change that.