Quoted:
Next time I go by I'll take a closer look for specific reasons.
My recollections are that it is showing some rust through the paint. The novelty has worn off (honeymoon effect) and it really looks like nothing other than some stacked cargo containers. You get a chance to see it from lots of different perspectives, ones other than the view shown in the highly glamorized, highly stylized photographs. Did you notice all the special lighting present in the photograph? None of that is normally there. It is drab and slab-sided. The newnwess is wearing off the aluminum window frames and they are starting to look "cheap".
I have not observed one of these building up close, but from my standpoint as a building inspector I am not sure it meets the floor areas under the 2006 International Residential Code which has been adopted by most of the country in one form or another. It appears any insulation is on the interior, and areas requiring higher R values will eat up more of that floor area, especially when you factor in any plumbing on exterior walls. Ceiling insulation can possibly encroach the 7' minimum vertical height that is required as well, again depending on the required R value and materials used for the floor.
The other area I am interested in is the fire protection between the multiple units. I would LOVE to get in one of these sites during the construction process.