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Cost Benefits
CLT can deliver efficiencies and cost benefits at each stage in the construction process.
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Cost-Competitive Materials
CLT is cost-competitive with other building material options. Cost savings are driven by efficiency in materials production and by a reduction in logistics and labor-hours required during installation, making it particularly cost-competitive in markets with high labor rates.
Faster Construction
The prefabricated, panelized nature of CLT results in construction times that are up to 30 percent faster than conventional concrete and steel buildings. This savings is driven by efficiencies in both materials production and onsite assembly.
Accelerated Return on Investment (ROI)
Faster build times equate to more attractive project ROI for developers, as assets can become revenue-generating on a shorter timeline, and the inherent appeal of wood buildings can support faster speed to occupancy, higher ROI per square foot, and greater lifetime value.
