TRD New York TRD WEEKEND EDITION
What will be the country’s tallest wood building is headed skyward in Cleveland.
Harbor Bay Real Estate Advisors is building the 298-unit, nine-story building dubbed Intro with mass timber throughout much of it, including load-bearing sections. The firm closed $144 million in financing in March and construction has now started, according to the Wall Street Journal.
Intro is one of a handful of mid- and high-rise mass timber projects proposed or under construction in the U.S. An affordable housing developer in Los Angeles is planning a 14-story mass-timber project in Downtown L.A.