To help supply affordable housing in Colorado, an investment group has acquired the land and is working to build a new 237,000 sq ft modular factory in Grand Junction.
The group is looking at building an automated factory using robotics to build 100 apartment modules a month.
The investors have acquired 177 acres in Grand Junction south of Community Hospital for a development they’re calling Centennial Park. The site is zoned for 2,000 units and the group has already sold lots to apartment builders planning 700 units.
Soon, the group plans to break ground on a 237,000-square-foot facility developed by Mosaic Housing, a new modular housing company that proposes using computers and robots to build apartment buildings.
The first apartments planned for the Grand Junction site will be modular and built in factories in North Carolina and Pennsylvania. It costs about $8 a mile to ship about 1,000 square feet of modular housing, so shipping alone adds close to $2.5 million to the cost of the modular housing erected in Colorado but built at factories across the country.
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Gary Fleisher is the Editor in Chief of Modular Home Source and Offsite Builder. Email at [email protected]
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