Benefits of Master-Planned Communities

Master-Planned Communities
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Donald Marr of Diversified Investment Group (DIG) has spent more than 25 years assisting clients with a wide range of real estate investments. As the president and CEO of DIG, Donald Marr has recently focused on national and international master-planned communities (MPCs).

MPCs go beyond typical subdivisions, comprising a variety of housing sizes and types, but they typically include amenities such as educational opportunities, shopping centers, and employment centers. The best MPCs are sustainable and have flexible, environmentally friendly master plans. Ultimately, the purpose of these communities is to provide members with a sense of cohesiveness.

Because MPCs are self-contained, residents have convenient access to shopping, entertainment, and dining. These neighborhoods also have a high degree of security, usually with gated entrances and 24-hour patrols.

While there generally is a homeowner association fee, the tenants maintain their front and back yards. In the end, MPCs can be the hub of much social interaction and community involvement.

Modular Construction Industry Starting to Build Taller Projects

An international real estate and resort developer, Donald Marr has worked in projects across the world. For more than 25 years, Donald Marr has served as the president and CEO of Diversified Investment Group, a company that keeps abreast of the latest trends in building, such as the use of modular construction.

In recent years, modular construction has grown in popularity because of its ease and precision. Estimates show that the modular construction market will grow from $112 billion to $157 billion by 2023. Prefabricated units are versatile options for a range of projects.

Not long ago, modular buildings were rarely more than a few stories tall. Companies that have focused on technology development can now build modular units up to 18 stories.

This means companies can build projects with much more square footage and a greater return on investment. Customers are also becoming more accepting of the modular construction market and are willing to trust taller buildings made of prefabricated units, especially with the overall cost savings.

How 3D Printing Is Revolutionizing the Global Construction Industry

3D Printing
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For more than 25 years, Donald Marr has worked in the resort and real estate development industry. As the president and CEO of Diversified Investment Group, Donald Marr keeps his company on the cutting edge of development and construction technologies, including 3-D printing.

While 3-D printing has revolutionized a number of fields, its applications in construction continue to grow. In many ways, 3-D printing can help the construction industry cut costs and create greener projects.

Some estimates show that 3-D printing could cut material costs by up to 50 percent, especially since 3-D printing reduces the overall length of the supply chain. This 3-D printing technology also discourages the use of lumber in the construction industry, which makes the entire process significantly greener.

Another benefit of 3-D printing for construction professionals is better project planning, especially when it comes to client expectations. A 3-D model can be created easily and with little expense, so firms can quickly pinpoint potential problems and address them before the full project is executed. This becomes especially important in managing customer expectations since customers can get a better idea of the way the final project will look.