St. Cloud Apartments: What Will They Think Up Next?

Dated: 07/17/2020

Views: 166

St. Cloud apartments—specifically, the way new apartment complexes are built—could be in for some major changes if some tech company executives are right. The idea is to bring the manufacturing lessons learned from companies like Apple and Tesla into the real estate realm. If they succeed, erecting St. Cloud apartment buildings in the future could be considerably more efficient (and less expensive).

Henry Ford is credited with inventing the assembly line—the manufacturing technique where a product moves from one assembly station to the next, instead of having pieces brought to where the product is being built. Actually, medieval Venice was already building ships that way in the twelfth century. From the hull up, the ships were floated down a canal (“the Venetian Arsenal”), moving from shop to shop—producing as many as a ship a day. Ford’s ability to produce his Model T’s in less time than it took for the paint to dry set the 20th-century standard.

St. Cloud apartment construction might seem unsuited to the same approach, but last week The Wall Street Journal described a group that disagrees. Like electronics innovator Apple, San Francisco’s Juno Residential Inc. intends to break down apartment building construction into modules. Following Apple’s manufacturing philosophy, the manufacturing work will be assigned to outside suppliers. They will ship the modules—rooms, hallways, foyers, etc.—flattened like Ikea kits—to building sites where they will be assembled. The apartment buildings will share most of the same components, but will differ in size, facades, and lobbies, and “will look different” at different sites. The “flattened” concept came about because, as one founder puts it, “we decided very purposefully to not ship air around.” The thought of highways clogged with thousands of fully pre-assembled bedrooms, bathrooms, etc. validates that decision.

Making apartment construction quicker and less costly “in the same way car or smartphone manufacturers” do might ultimately prove to be a welcome development if the economies can be shared with future St. Cloud tenants. Nevertheless, the current status quo is unlikely to change soon.

Modular apartment buildings may not be on the immediate horizon, but 2020 has shown how swiftly-changing events can impact Jamestown’s real estate market. Call me anytime to discuss the current outlook and how it might affect your own real estate planning.

Low-angle Photography of Gray Concrete Building

Providing a superior level of informed, professional real estate services to buyers and sellers throughout Central Minnesota. We have agents specializing in residential, commercial, multifamily, new construction, existing, investment properties, foreclosures/REO, and short sales with offices located in:

Five Office Locations To Serve YOU!

Saint Cloud 320-259-4554
Princeton 320-983-3555
Maple Grove 763-565-2000
Hutchinson 320-455-9127
Litchfield 320-298-1140

Premier Real Estate specializes MANY areas around Central MN including Saint Cloud, Waite Park, Rice, Royalton, Sartell, Royalton, Little Falls, Cold Spring, Saint Joseph, Elk River, Monticello, Ramsey, Saint Michael, Andover, Ham Lake, Anoka, Champlin, Buffalo, Glencoe, Brownton, Silver Lake, Kandiyohi, Dassel, Minneapolis, Maple Grove, Saint Louis Park, Saint Paul, Robbinsdale, Crystal, New Hope, Brooklyn Center and more!

Blog author image

Noel Johnson

Passion for investing in real estate brought me to create Premier Real Estate Services in 2002. Years of purchasing, developing, and managing several rental properties, while assisting friends & cli....

Latest Blog Posts

Reliable St. Cloud Movers Face “Black Hat” Competitors

Back in February, the housing market’s watchdog housingwire.com observed that a good way to judge the strength of the housing industry is to “Look at how often people move.” That

Read More

Virtual Tours in St. Cloud: Now’s the Time!

In case you’ve been thinking of selling your home but aren’t keen on letting strangers into the house at this moment in time, that problem has a two-word solution (although, in fact,

Read More

How the Pandemic is Affecting Homebuyers in St. Cloud

In the days before COVID-19, had you asked most people how a pandemic might affect the homebuying public in St. Cloud, a fair majority would probably have replied something along the lines of &ldquo

Read More

Why St. Cloud Real Estate Prospects: Different This Time

The bright economic news that began this summer may have wilted a bit in the July heat, but as the month draws to a close, St. Cloud real estate watchers have reason to doubt that some of the more

Read More