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August 24, 2020

Construction starts on Village Gardens residential development in the US

Non-profit Homestead Community Land Trust and Edge Developers have started construction on Village Gardens, an affordable homeownership development of 16 homes, in the Leschi / Central District neighbourhood of Seattle, the US.

Non-profit Homestead Community Land Trust and Edge Developers have started construction on Village Gardens, an affordable homeownership development of 16 homes, in the Leschi / Central District neighbourhood of Seattle, the US.

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Village Gardens will feature ten homes and six market-rate units, all of which will be built fossil fuel-free to achieve a Built Green environmental standard.

Built Green Four-Star is a certification process run by the Master Builders Association. It verifies that a home is constructed to a high level of energy efficiency and makes use of building materials that are environmentally sustainable.

The companies are constructing Village Gardens on land provided by the City of Seattle for affordable housing.

Homestead Community Land Trust executive director Kathleen Hosfeld said: “We believe that people should be able to live and have an ownership stake in the communities where they contribute to our shared quality of life.

“Homes at Village Gardens will address the critical shortage of for-sale homes priced within reach of everyday residents of Seattle.”

Homestead and Edge collaborated with Africatown Community Land Trust to increase Black contractor participation in the construction of Village Gardens’ homes.

Black contractors have won $1m in subcontracts on the project.

Homes at Village Gardens will be constructed to be solar ready and have water sense labelled plumbing fixtures for reducing water waste.

City of Seattle Office of Housing director Emily Alvarado said: “It is exciting to see the Community Preference Policy in action to bring permanently affordable home ownership opportunities to current and former residents of a neighborhood where community members have been displaced at an alarming rate.”

Construction on Village Gardens is scheduled for completion next year.

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Free Report
img

Internet of Things set to transform the construction industry

The Internet of Things (IoT) is proving hugely beneficial to the construction industry, allowing different assets and people to be monitored and accounted for across a traditionally fragmented industry. As a result, companies that invest in IoT now promise to make long-term gains in the industry. According to GlobalData forecasts, spending on IoT in construction will reach $9.6bn by 2025. For an industry that has large sites to manage, strict project timelines, hazardous working conditions, and tight profit margins, IoT can create a manageable view of construction sites for project managers, streamline operations, and protect workers. In addition, it allows real-time data streams of assets, automates time-consuming tasks, and ensures employee safety and productivity. IoT integration with equipment manufacturing also has rich advantages for asset monitoring sensors. This, combined with artificial intelligence (AI) can help forecast materials and workers needed during the procurement stage and assist in forecast financing. Read GlobalData’s whitepaper to find out more, including information on:
  • IoT value chain
  • Market size and growth forecasts
  • Mergers and acquisitions
  • Leading IoT adopters in construction
  • Specialist IoT vendors in construction
Don’t get left behind – find out how IoT can fortify your operations and make investments now.
by GlobalData
Enter your details here to receive your free Report.

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