Investment firm Mastry Ventures and LENx, the venture arm of homebuilder Lennar, have co-invested in Vessel Technologies’ next-generation housing product. Vessel, a housing product development company, aims to cultivate a pathway to creating attainable housing across the country.
The company’s housing system is focused on “reimagining the apartment building as a consumer product by creating exciting, sustainable, and user-centric housing at attainable prices,” according to Vessel. This is done by prefabricating wall and ceiling components in Vessel’s own manufacturing facility—cutting costs and time compared to traditional construction methods.
Vessel Technologies’ All-Electric Prefab Building System
The Vessel system is 100% electric; solar panels affixed to the rooftop deliver all of the power required for occupants. With the company’s aim for sustainability, Vessel uses no paint and instead utilizes a proprietary recyclable wall panel system. According to Vessel, its facade system is also twice as energy efficient as built-to-code alternatives.
“Vessel represents a whole new category of housing, innovative in every way, to fill a tremendous void: the dearth of truly excellent, deeply desirable and economically accessible rental homes,” said Sam Landman, Co-Founder and Managing Partner of Mastry Ventures.
The investment in Vessel Technologies by Masty and Lennar will allow the product company to accelerate its efforts of providing high-quality buildings, from rental housing to hospitals and universities. Vessel touts its patented system’s seamless design, with operable pieces that smoothly fit together.
Based in New York City, Vessel currently has 12 projects under development throughout the Northeast—all of which are targeted to be net zero. The company’s building materials are sustainable, fire-resistant, and aim to pair well with proprietary smart tech software.
The software—utilizing the company’s own operating system, vOS—acts as a virtual “super” that monitors the building’s hardware, energy demands, and water usage. Additionally, the system includes hundreds of sensors and electro-mechanical devices to manage a unit’s temperature, air quality, security, lighting, and entertainment systems, according to Vessel.
Related Stories
| Dec 2, 2014
Nashville planning retail district made from 21 shipping containers
OneC1TY, a healthcare- and technology-focused community under construction on 18.7 acres near Nashville, Tenn., will include a mini retail district made from 21 shipping containers, the first time in this market containers have been repurposed for such use.
Sponsored | | Nov 26, 2014
A conversation with Paul Raiford, Director of Energy Services
Q&A with Paul Raiford, Director of Energy Services with Williams Scotsman. SPONSORED CONTENT
| Nov 24, 2014
Must see: Plans released for underwater city that could house 5,000 people
The design centers around a floating, 500-meter-wide sphere linked to a resource center on the ocean floor via a 15-kilometer, helix-shaped path.
Sponsored | | Nov 19, 2014
Build green while you work green
Leading general contractors, including Skanska USA and Turner Construction, are implementing sustainable modular jobsite offices throughout the country. SPONSORED CONTENT
| Nov 18, 2014
New tool helps developers, contractors identify geographic risk for construction
The new interactive tool from Aon Risk Solutions provides real-time updates pertaining to the risk climate of municipalities across the U.S.
Sponsored | | Nov 12, 2014
Williams Scotsman plugs into the jobsite
Many of our customers conduct important business from their temporary modular jobsite office and most require access to technology to get their job done effectively and efficiently. SPONSORED CONTENT
| Oct 29, 2014
Better guidance for appraising green buildings is steadily emerging
The Appraisal Foundation is striving to improve appraisers’ understanding of green valuation.
Sponsored | | Oct 29, 2014
Historic Washington elementary school incorporates modular design
More and more architects and designers are leveraging modern modular building techniques for expansion projects planned on historical sites. SPONSORED CONTENT
Sponsored | | Oct 24, 2014
Infographic: 5 key considerations for securing modular workspace
Keep these five considerations in mind for your next project that may benefit from modular space. SPONSORED CONTENT
| Oct 21, 2014
Check out BD+C's GreenZone Environment Education Classroom debuting this week at Greenbuild
At the conclusion of the show, the modular classroom structure will be moved to a permanent location in New Orleans' Lower 9th Ward, where it will serve as a community center and K-12 classroom.
