New Minneapolis modular construction company is out to prove its value to the market

It wasn’t just neighbors who watched in wonder as an entire pre-constructed apartment building was stacked in place by a crane in South Minneapolis last week. There were also representatives from development companies and construction firms wanting to get a first-hand look at an innovation some say will revolutionize the industry.

The company stacking the apartment building is Minneapolis-based Rise Modular. Last November it bought a 141,000-square-foot warehouse in Owatonna and by May it was constructing an entire 30-unit apartment building inside the plant with a staff of 51 trades workers.

The building was constructed in 27 “mods” that were then trucked one-by-one to a construction site at 3200 42nd St. S., near Hiawatha Avenue. You could already walk through nearly completed mods during the stacking last week. The units had toilets, refrigerators, kitchens, flooring and drywall.

RISE MODULAR

Rise Modular is the first modular construction company in close proximity to the Twin Cities. The company is self-developing the South Minneapolis project, called Mod42, to prove to the market that modular construction is faster, more efficient, high quality and costs less.

Minneapolis developers Ackerberg and Northland Real Estate Group are using Rise Modular on a much larger project in St. Paul, which will stand seven stories and have 192 apartments. That project will begin this month.

Read the entire article at the Minneapolis-St. Paul Business Journal

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