Mass Timber Market Updates - May 2024 - Week Twentyone

Discover the cutting-edge developments transforming mass timber construction! Join us as we spotlight Georgia Tech's new Thomas A. Fanning Student Athletic Performance Center, a marvel of sustainable design by SLAM Collaborative. Unpack how this 100,000-square-foot facility is setting new benchmarks with repurposed steel and timber elements, promising a green future for athletic infrastructure. We also turn our attention to Port Moody's Portland development, where the first new homes are on the horizon. With pre-sales already at an impressive 70%, the project’s potential for high-rise mass timber buildings has everyone talking.

But that's not all! We’ll dive into the game-changing acquisition of American Laminators by Timberland Holdings and Swinnerton. Get an exclusive preview of what this means for advancing mass timber projects in Oregon, with Chris Evans set to share more insights in future episodes. Lastly, we'll explore the $97.8 million mass timber multifamily community sprouting in Charlotte's Mill District. This innovative project promises not just rental units and commercial space, but a suite of sustainability features like rooftop solar panels and electric vehicle services. Don't miss this jam-packed episode filled with the latest trends and innovations in the mass timber construction world!

Transcript

Speaker 1: 0:01

Ladies and gentlemen, we are live. This is the moment you all have been waiting for. It's time for the global sensation, the one, the only, the undisputed heavyweight podcast in the world the Mass Timber Construction Podcast. And now here's Paul Kramer, your host. Good morning, good afternoon or good evening, wherever you are in the world today, welcome to the Mass Timber Construction Podcast. My name is Paul Kramer, your host, and welcome to another weekly updated episode. Don't forget to hit subscribe. And thank you, bruce Buffer, for being the voice of not only the Octagon but also the podcast. Don't forget, we have our academic journal LinkedIn feed called the Mass Timber Construction Journal, and we also have our Mass Timber Construction Journal academic portfolio where you can submit your manuscripts, where you can submit your manuscript. So if you're a budding researcher looking to promote your scientific manuscripts, please do consider our Mass Timber Construction Journal academic arm.

Speaker 1: 1:31

Let's have a look at what's making news around the world this week in Mass Timber Construction land and work begins on the new Georgia Tech Athletic Performance Center. Construction has started on the Thomas A Fanning Student Athletic Performance Center with a 100,000 square foot facility at Georgia Tech and it will house the facilities. Dedicated Fanning Center will also house Georgia Tech's first science lab, where they will be looking at sports sports technicians and use in-house data analytics programs to track individual performance. Designed by SLAM Collaborative SLAM, the Fanning Center will feature several sustainability efforts, including repurposing steel from the campus's Bobby Dodd Stadium. It will also include partially offset energy saving design elements, including mass timber construction throughout the new athletic facility, the center being constructed atop of the footprint of the former edge rice center. If you'd like to see some images on this amazing project, head to our linkedin feed and check them out.

Speaker 1: 2:53

And after years of planning and months of site preparation, construction for the first new homes in port moody's portland development will officially begin in may. It's when representatives from the project's developer, vancouver based edgar development, will officially begin in May. It's when representatives from the project's developer, vancouver-based Edgar Development, will be joined by the mayor to break ground at the Umbra, a six-story U-shaped building comprised of 219 one and two-bedroom condos, along with three-bedroom ground-level townhouses. Pre-sales for the units begin and it's about 70% sold out. Media reports around the project do not yet indicate whether Mass Timber will be used for the project. However, in 2021, port Moody Council decided that they were going to give the project a green light after a protracted discussion around the third SkyTrain station nearby and the use of mass timber construction for high-rise buildings. So let's see if this project does become a realisation using mass timber construction.

Speaker 1: 3:54

If you'd like to check out the news or keep up to date, please head to our LinkedIn feed and good friends of the show. Timberland Holdings and the owner of the company Swinnerton, which is an employee owned company, have led the market for many years in trying to integrate the way that Mass Timber is working with a supply chain and delivery for construction projects, and they have now just agreed to purchase American laminators to continue their operations in Oregon-based places, and they will be commencing this particular joint venture on the 10th of June in 2024. American Laminators has a long history of high quality glulam products. News is that Chris Evans will be on the show to have a chat to us about what's actually happening and the plans for Timberlab moving forward in their joint venture with American Laminators, and construction recently kicked off in Oxbow, a mass timber multifamily community in Charlotte's the Mill District.

Speaker 1: 5:00

The $97.8 million project consisting of 389 rental units and 14,300 square feet of commercial space, which sits on a 4.3 acre site formerly housing four commercial buildings, the street level will feature retail tenancy and is designed for boutique coffee shops and neighborhood services. The structure will be proposed a two-story concrete podium housing, below grade parking, topped with five-story hybrid structure, a stick frame and cross laminated timber. About 50% of the structure will feature exposed mass timber ceilings using Austrian spruce timber. Sustainability elements include high SEER rated HVAC systems, energy efficient appliances, rooftop solar panels, and tenants will have access to e-bike, e-scooter and electric car services. The project is seeking a silver rating by the National Green Building Standard, the only green building rating system for homes and apartments approved by the American National Standards Institute.

Speaker 1: 6:05

If you'd like to see images, head to our LinkedIn feed. So that's it, folks. That's all we've got time for this week in Mass Timber Construction land. Hope you have a great week, looking forward to next week when we bring you some more news from around the world. Good morning, good afternoon or good evening. Don't forget to hit subscribe, make sure you like, comment on our posts, posts and follow all the media news around the world. My name is paul kramer, signing off on the mass timber construction podcast. Thank you.