Mass Timber Construction Podcast

Mass Timber Market Updates - September 2023 - Week Thirtyeight

October 03, 2023 Paul Kremer Season 3 Episode 176
Mass Timber Construction Podcast
Mass Timber Market Updates - September 2023 - Week Thirtyeight
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Show Notes Transcript

Get ready for an exciting journey through the innovative world of mass timber construction. In this episode, we examine the rapid growth of the global mass timber market, and how startups are seizing this opportunity to bring about a revolution in this sector. From embracing circular housing solutions to harnessing the power of modular construction, these forward-thinking companies are setting a new course in sustainable building practices. 

We then take you to the vibrant streets of North America, where we unwrap the buzz around the much-talked-about Woodrise conference in Vancouver and the architectural marvels springing up in Toronto's Ossington Avenue. Discover how a traditional brick building has transformed into a symbol of mid-rise intensification, blending old-world charm with modern sustainability. We'll also share how the Oregon Mass Timber Coalition secured a massive $41.4 million grant to bolster the state's mass timber sector. And for the scholarly minds among us, we extend an open invitation to submit your research to the Mass Timber Construction Journal. So, buckle up and join us on this trailblazing journey through the ever-evolving landscape of mass timber construction.

Production by Deeelicious Beats
Music "Game Play" by Quality Quest
Podcast is a Mass Timber Construction Journal Production

Sponsors of the Podcast:

International Association for Mass Timber Construction (IAMTC)
The International Association for Mass Timber Construction aims to promote and deliver value to its members and associated stakeholders through an all-encompassing approach to advocacy, thought-leadership, development for the architecture, engineering, construction, manufacturing sectors, provide education, training/teaching and research in establishing a global mass timber construction sector across the five contents of the world.

Delivering value through an all-encompassing approach to advocacy and thought-leadership.

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Speaker 1:

Ladies and gentlemen, we are live. This is the moment you all have been waiting for. It's a compile for the global sensation, the one, the only, the all-disputed Anyway podcast in the world the past Timber construction podcast, and now here's what's right around your house. Good morning, good afternoon or good evening, wherever you are in the world today. Welcome to the Mass Timber Construction Podcast. It has been an amazing week. Thank you, bruce Buffer, for the introduction, and don't forget to hit the subscribe button. We would love for you to continue to listen to our episodes as they come out each week, and we wouldn't want you to miss anything. Let's have a look at what's making news around the world this week in Mass Timber Construction Land and according to weforumorg, the global mass Timber construction market was valued at $857 million in 2021. And it's projected to go to $1.5 billion in 2030. The rapid growth and the opportunities for innovators working in this nature-based biomaterial sector ensures mass Timber is being used in the most sustainable way and, from its nostalgic beginnings and nod to the past, using Timber and integrating modern technologies and sustainable building practices through construction. There are a number of startup companies tech startup companies that are coming through. We'd like to go to see who these impressive tech companies are. Head to our social media LinkedIn feed. Notable inclusions include a circular housing solution, modular construction solution and a Timber finance initiative. If you'd like to read more, please head to our LinkedIn feed and you can go to the worldeconomicforum webpage at weforumorg and news coming out of North America, specifically Canada. More than 3,000 people are expected to converge on Vancouver between September 22nd and 26th in 2025 for the biannual Woodrise conference that will highlight the benefits of mass Timber construction. So if you want to check out what you might want to do in terms of accommodation and booking for the event, you can head to bivcom, where they report on the Vancouver to host the Global World Mass Timber Conference in 2025. And you can check out all the details well in advance and get yourself booked and get over to Vancouver in 2025. And staying in Canada now. In Toronto's Ossington Avenue has a newly open retail and office building with an old century brick building in the neighborhood and has been attracting some of the city's trendiest restaurants, boutiques and small businesses. It's a brick clad building with a historical architecture, but Ossington is a brand new building and is part of a growing trend towards the mid-rise intensification of traditionally low-rise street apartments and building, providing housing to rapidly growing populations. What's unique about the project is that it uses mass timber for floor plates on a steel frame and, because engineered timber is more sustainable option, it has a higher speed for construction and is prefabricated off-site and assembled to the site, and they have been able to gain significant efficiencies by using this particular approach on this project. If you'd like to check out this amazing looking building, please head to our Mastimba Construction Journal linked in the feed and the US Economic Development Administration that EDA has awarded the Oregon Mastimba Coalition the OMTC $41.4 million to Development Expand Oregon's emerging Mastimba building. The grant is through the Build Back Better Regional Challenge and is specifically focused on utilizing Mastimba products in prefabricated modular home and construction projects. Working with the consultation team of the department the consumer of business services in 2022, the DLCD staff and the consulting team ordered the development of codes in five cities and identified local regulatory barriers and developing Mastimba and modular housing. Starting in fall or autumn, the Code UP project team will continue to work by providing additional jurisdictions with code audits, amendments, recommendations and community engagement services. If you'd like to learn more about this amazing $41.4 million project that Oregon Mastimba Coalition is putting together. Please head to our linked in feed and you can see all the details. And so that's it. Folks. That's what's making news around the world this week in Mastimba Construction Land, most of that coming out of North America and Canada. Some impressive projects going on around the world. It's great to see the advancement of Mastimba progressing strong as ever. And if you'd like to keep up with the news, make sure that you hit the subscribe button so you never miss an episode of this podcast. Make sure that you keep in tune with us on our social media feed. And if you are an academic and you are considering some research and it is in the Mastimba Construction space please consider the Mastimba Construction Journal. We'd be greatly appreciative to receive your manuscript and to review it in an ideal setting of trying to get it published. Thank you very much for your time. Good morning, good afternoon or good evening. This is Paul Kramer signing off on the Mastimba Construction podcast. You.