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Podcast: Mass Timber Construction Podcast
Episode: Mass Timber Market Updates - May 2021 - Week Twentythree
Description: In the weekly update, Construction startup Katerra has told employees it plans to shut down, people familiar with the matter said, marking the collapse of the SoftBank-backed company that had raised more than $2 billion to slash the cost of building apartments. Katerra is expected to let go of thousands of employees and is likely to walk away from dozens of construction projects it had agreed to build. Michael Green said, I was hopeful that Katerra could provide a path, though certainly not perfect, to changes that would reduce the cost of buildings, make buildings more environmentally responsible, improve the...