Sprout Tiny Homes, Inc. Inks $26 Million Contract with Texas Site Development, LLC and Tiny Dwelling Company
December 20, 2017 at 09:00 am
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Sprout Tiny Homes, Inc. inked a $26 million contract with Texas Site Development, LLC and Tiny Dwelling Co. for up to 275 tiny homes to be purchased and installed at two tiny home communities in the Austin, Texas area. The initial development is Constellation ATX, a tiny home community located just 10 miles south of downtown Austin, TX scheduled to open the Spring of 2018. As part of the agreement, Tiny Dwelling Co. is an authorized dealer for Sprout Tiny Homes and will offer several Sprout models for sale to clients that can locate their home at Constellation ATX or a second community to open later in 2018 in the Kyle, TX area. Both tiny home communities are being developed by Texas Site Development, LLC. Constellation ATX will offer a variety of amenities including a clubhouse, on site laundry, natural swimming pool, professionally landscaped parks and common areas with many options for grocery, eating out, coffee shops and nightlife just a short walk or bike ride away. The property will feature many outdoor sitting areas featuring natural gas BBQs, picnic tables, and fire pits designed by award winning landscape architecture firm, Mark Word Design, known for work done at Hotel San Jose and Hotel St. Cecilia. The contract for the tiny homes anticipates deployment of the roughly 275 homes over the next 30 months beginning of first quarter of 2018. As an authorized dealer for Sprout, Tiny Dwelling Co. will offer several home models that have been designed with luxury living and energy efficiency in mind.
Sprout Tech Homes Inc., formerly Sprout Tiny Homes, Inc., is focused on acquiring businesses, which are engaged in the business of designing, developing and manufacturing the affordable housing for individual purchase or tiny / eco home real estate developments. The Company is also engaged in developing its own real estate development projects of sustainable living communities. The Company utilizes a streamlined manufacturing facility and a network of design partners and vendors to furnish and equip the homes with features for sustainable lifestyles and living in smaller homes. The Company designs and manufactures Zero Energy or modular homes ranging from approximately 450 square feet to over 900 square feet and are delivered and installed on a traditional foundation. The Company also provides consulting and custom design services to customers that engage the Company to build homes on-site in residential and mixed-use developments.