A California-based 3D residence printing firm opened a 25,000-square-foot manufacturing facility in Northeast Denver, backed by a $3.895 million state mortgage.
Azure Printed Houses, based in March 2022, combines large-scale 3D printers with light-gauge metal fabrication tools made by FrameCAD. The corporate says it’s used recycled supplies to ship greater than 100 properties nationwide and it’s carrying a challenge pipeline value greater than $60 million. At full capability, the Denver facility is predicted to make use of 50 staff.
The state mortgage got here from Colorado’s Inexpensive Housing Financing Fund, established beneath Proposition 123. Colorado’s willingness to fund the challenge displays a broader push by the state to spice up housing provide via factory-built development. Different state insurance policies cited by the corporate as components in its determination to broaden right here embrace the Progressive Housing Incentive Program, a 2024 legislation increasing accent dwelling items, and SB 25-002, which modifications how the state regulates modular and factory-built housing.
“Colorado is main the way in which to construct extra housing that individuals can afford, and an essential a part of that’s investing in progressive and lower-cost development strategies,” Polis stated. “There isn’t a silver bullet resolution to handle our housing scarcity, which is why we’re taking a look at each progressive resolution to construct extra properties and save folks cash. When at full capability this new Azure Printed Houses facility will help 50 good-paying jobs and assist Colorado construct extra properties folks can afford.”
The April 14 occasion additionally drew remarks from Eve Lieberman, govt director of Colorado’s Workplace of Financial Improvement and Worldwide Commerce, Maria De Cambra, govt director of the Colorado Division of Native Affairs, and J.J. Ament, president and CEO of the Denver Metro Chamber of Commerce.
The Denver facility is a part of a broader $10 million fundraising effort that features expanded capability in Los Angeles. The corporate can also be putting in 54 transitional housing items for the Welcome Dwelling Village in San Luis Obispo, California, scheduled to open in Could.