Panoramic Interests CEO Patrick Kennedy says that for San Francisco developers, this is the best and worst of times. Epoch tells MHProNews that for those building in currently under-supplied market, it’s a good time. But costs are high, which are ultimately passed onto consumers. So Panoramic used modular construction for an infill recently to do a micro-apartment built offsite by Pankow and designed by ZETA Design+Build. “We wanted to use this as an example of how to use hyper-dense, hyper-green, hyper-efficient urban development,” Kennedy said. “The micro-apartments by their very nature use far fewer materials to satisfy basic housing needs; they’re also super efficient in terms of energy consumption. I think our typical apartment’s electrical bill is less than 15 bucks a month,” Kennedy said. The next project will be 120 units. ##
