Today I sit down with Mike Kaeding, a visionary residential real estate builder and developer. Mike is revolutionizing the apartment construction industry by integrating advanced technologies and innovative efficiencies from other sectors, resulting in high-quality, cost-effective projects.
Mike shares his journey of transforming traditional construction practices by learning from the manufacturing industry, where labor productivity has skyrocketed by 760% over the past 60 years. He highlights how his team has managed to drive down construction costs by 20-30% through innovative techniques such as the assembly line approach adapted for building construction.
Listeners will learn about the challenges and successes Mike faced in bringing all trades in-house, from plumbers and electricians to architects and engineers. He explains how this integration allows for greater control over the construction process, leading to significant time and cost savings. Mike also discusses the implementation of modern technologies, including software for efficient site design and robots for tasks like wall painting and excavation.
Throughout the episode, Mike emphasizes the importance of building a strong, experienced team and maintaining robust relationships with city officials and stakeholders. He candidly shares lessons from his personal and professional journey.
Connect with Mike Kaeding at:
https://www.norhart.com)
Connect with us at GIS at:
https://giscompanies.co/podcast/)
