Apartment Market Condition Improvement in October

  

A Columbus, Ohio native, Robert Tirgan is a graduate of Arizona State University and holds a BArch. Robert Tirgan is the president of Modern Edge Ltd, a company that develops real estate. Additionally, he regularly attends events at the National Multifamily Housing Council.

The National Multifamily Housing Council conducted a survey in October 2021 which revealed a continued improvement in apartment market conditions. The U.S. economy showcases an upward trajectory and seems to recover slowly from the losses caused by the pandemic and Sunbelt markets have reached historical levels of growth and occupancy like never before. Urban and coastal markets are also improving and are surpassing the occupancy levels and growth from the pandemic. Over 60 percent of the respondents to the survey have reported that the sales volume was higher in October than in other months while 32 percent of them reported that the volume remained unchanged from previous months.

An increase was also revealed in the debt financing index as 17 percent of the participants said that they had better debt conditions in October.

Cleveland Apartment Construction

The president of The Modern Edge, LTD since 2019, Robert Tirgan has a master's degree in architecture from the University of Michigan. Among the construction projects for his company, Robert Tirgan plans to construct multi-family housing developments in the suburbs of Cleveland, Ohio.

Even during the COVID-19 pandemic, construction firms in the area experienced consistent demand for apartment buildings. Since 2015, construction companies in Cleveland have reported heightened numbers of projects completed and housing units built. In this time, developers added around 1,460 units annually. Even though Cleveland’s population has remained the same since the 1970s, so demand for new homes does not derive from out-of-state residents coming to the area, housing in Cleveland is in high demand anyway.

Once the COVID-19 pandemic and associated lockdowns began in March 2020, developers worried construction would slow down. However, people continued to buy homes at the same rate as before the pandemic, especially younger professionals buying their first homes. The state government also defined construction as an essential service, so companies could continue work on ongoing projects, and even begin new ones. A scarcity of vacant homes, combined with replacing worn-out units for newer ones, contributes to Cleveland’s thriving construction industry.

Deconstructivist Architecture - An Overview

An Ohio-based architect, Robert Tirgan serves as president of The Modern Edge, Ltd., in Columbus. In his work, he enjoys the challenge that comes with integrating architecture with organic forms and other works of art. Some of Robert Tirgan's other professional interests include architectural modernism, particularly the role of deconstructivism in architectural design.

Emerging in the late 20th century, deconstructivist architecture came to the public's attention thanks in large part to a show at New York's Museum of Modern Art. The exhibition entitled simply Deconstructivist Architecture featured the work of Frank Gehry, Zaha Hadid, Daniel Libeskind, and other avant-garde architects who were influenced by the deconstructivist ideas of the post-structuralist philosopher Jacques Derrida.

As the name suggests, deconstructivism is an architectural approach that attempts to take apart traditional forms (such as right angles and grids) in favor of fragmentation and the manipulation of a structure's surface. Deconstructivist architects incorporate non-rectilinear shapes and “irrational” design elements to distort the basic “bits and pieces” of architecture.

While some deconstructivist designs completely disregard visual logic and coherence, others feature a harmonious, natural flow that brings life to a physical structure. Some of the most well-known examples of deconstructivist architecture are the Walt Disney Concert Hall designed by Frank Gehry, the UFA Cinema Center designed by Coop Himmelblau, and the Vitra Fire Station designed by Zaha Hadid.