Each Eco-Friendly 3D-Printed Home Repurposes Approximately 150,000 Plastic Bottles
NEW YORK — (BUSINESS WIRE) — September 16, 2024 — As housing demand continues to grow, interest is surging in Azure Printed Homes, Inc. an award-winning pioneer in 3D-printed homes using recycled polymers.
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The Cove House at Big Sur - Photo Courtesy of Azure Printed Homes (Photo: Business Wire)
Since 2022, Azure Printed Homes has risen quickly as an innovation and category leader in 3D-printing homes for a more affordable, sustainable world. The company is funded by angel investors and consumer interest via crowdfund campaigns on We Funder. The company produced more than $4 million revenue in 2023 (year two) and has secured a pipeline of $30 million in pre orders during 2024.
Why is Azure Surging?
In addition to the superb quality and exceptional design aesthetic of Azure’s offerings, company leaders credit its fast success to bringing its construction technology forward at the peak of the global housing crisis and simultaneous to the current crisis point of global warming and sustainability awareness.
“We are addressing both the housing crisis and the dire need as a society to reduce and eliminate plastic waste,” said company CEO Ross Maguire. “The ability to solve two of the biggest problems at once, and to do it quickly and with superb quality has contributed greatly to our growing success.”
During September presentations at the IMN’s BTR (Build to Rent)-West in San Diego, ADU (Accessory Dwelling Units) Forum in Dana Point, Calif. and the TinyFest 2024 event in Santa Clara, executives noted the favorable trends that are accelerating consumer and investor interest:
- An increasing number of states around the US are adopting a favorable approach to studios and Accessory Dwelling Units (ADUs) on existing residential and multifamily properties.
- Current interest rate decreases are making these small units more affordable for individual buyers and developers of glamping resorts.
- The timing and process of inspections and approvals is much faster and more efficient for factory-built units versus traditional builds, and
- As buyers consider the cost and time for delivery, decreasing gas prices and current overcapacity in trucking makes it viable and attractive to purchase small housing units made in the factory.
- Affordable housing developers are planning new development of for sale and BTR housing using Azure units, with first 100-home development being launched in Bennet, CO in 2025.
Acknowledgment from Fast Company
Fast Company Magazine is acknowledging Azure Printed Homes this week in New York City as a finalist in its Small and Mighty: Fewer than 50 Employees awards and as an honorable mention for Best World-Changing Idea, North America, in its 2024 World Changing Ideas Awards, which highlight fresh sustainability initiatives, cutting-edge AI developments, ambitious pursuits of social equity, and other creative projects that are helping mold the world.
In conjunction with the event, Co-founder Gene Eidelman has launched the first article in a new Fast Company series on the future of construction, available here.
About Azure Printed Homes
Azure Printed Homes is a leader in 3D-printing homes from recycled polymers, dedicated to creating a more affordable and sustainable world. The company's team is a dynamic blend of entrepreneurs and experts from diverse backgrounds who bring a wealth of expertise to this venture. Azure Printed Homes is progressively setting industry standards in speed, affordability and sustainability in its mission to make homes, studios and accessory dwelling units (ADUs) available to all.
With three state-of-the-art 3D printing robots in its California factory and in a new Colorado factory opening in 2025, Azure Printed Homes leads the global industry in high-speed production, pioneering a new era of construction excellence. Customers can design their backyard studios, ADUs, and tiny homes through the company's online configurator, and Azure Printed Homes will print, prefabricate and deliver them anywhere in the US within one to four weeks, offering future-focused living spaces that enrich lives and invest in the planet's future. Information about Azure Printed Homes can be found online at www.azureprintedhomes.com and at wefunder.com/azure.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240916350111/en/
Contact:
PR Contacts
Gene Eidelman, Azure Printed Homes Inc.
(424) 298-2674
gene@azureprintedhomes.com
Cheryl Conner, SnappConner PR
(801) 805-0160
Cheryl@SnappConner.com
