In the fall of 2020, just after the Almeda Fire had devastated the Rogue Valley, Tom Cody traveled through the burn zone. Driving along Highway 99, he witnessed block after block of destruction—homes, businesses, apartments, and RV parks reduced to ash and rubble. Cody, founder and managing partner at Project^, a Portland-based real estate development firm, felt compelled to help rebuild.
If all goes according to plan, his new apartment development will break ground in Medford this summer. But MOSAIC is no ordinary construction project; instead, the 148 units will be built in a modular factory, then trucked to the site. The project is being funded in part by a state initiative aimed at helping communities recover from the Labor Day fires of 2020. It’s also an experiment aimed at tackling multiple issues at once: rising material costs, a…