From the Commercial Real Estate Development Association on July 1, 2019:
Modular construction has come a long way. Real estate developers are adopting modular construction – in which building components are manufactured at a facility and then transported to a construction site for assembly – for a broader range of applications and for larger projects. The process is best suited to projects that primarily consist of repeated and uniform spaces. For these projects, modular construction can substantially reduce construction time and improve quality control. Modular construction can offer substantial benefits for projects that incorporate hundreds of prefabricated units. The process allows developers to prepare a site at the same time that rooms are manufactured and then quickly assemble the rooms onsite.