WHAT CAN YOU BUILD FOR $65 PER SQUARE FOOT?
It turns out quite a bit, at a new 144-unit townhome community made with ICFs.
Brought to you by Build With Strength
Robert Lopez has a major budget anomaly to report.
The construction costs on his new 144 townhome community in Johnston, R.I., are coming in way below market rate at $65 per square foot. Contrast that with the $103 per square foot national average cost for townhome construction (a typical home clocks in at $111 per square foot).
Now the kicker: Lopez’ townhomes are built with insulated concrete forms (ICF), a cast-in-place concrete formwork process that uses lightweight steel-reinforced Lego-like blocks to create a casting wall. The stacked assembly (the foam blocks remain as an insulating element) forms a steel-reinforced concrete envelope of robust structural stability, thermal efficiency, and extreme resilience. All for $65 per square foot.
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