Building buildings that build buildings. Ushering in the end of construction. 20 days from foundation to keys. Co-founder @reframesystems, ex-Amazon Robotics.
It was wonderful to host @MassLtGov Driscoll at our Devens, MA project comprising 12 single family homes. The first home was integrated in 6 hours on 10/22. We're honored to play our small part in unlocking housing abundance in MA and beyond with our robotic microfactories.
Thanks to our partners at @MassDev.
In 2014, for every dollar the US spent building new apartments, it spent 4 cents on data centers. Now it’s 73 cents.
Apartment spending peaked in mid-2023 and has been stuck around $116B for a year. Data centers are up 73% in twelve months.
A lot of the same electricians and crane crews build both, and they go where the money is.
I feel the same way about construction. The Empire State Building went up in 410 days in 1931. The average U.S. apartment building today takes about 575 days. It's maddening.
@BedrockRobotics@CapitalG@emergencecap Congrats. “Beautifully unremarkable” is the right goal. It’s what we want for homes too: the day nobody’s impressed that a house went from foundation to keys in 20 days.
Boston takes longer to approve a home than Raleigh takes to build one.
Data from a new paper by @esoltas that tracked housing permits across 60 cities. In Boston you wait about 1.3 years for a permit, then spend another 1.5 building. Raleigh, Phoenix and Austin do the whole thing in under a year.
The part that surprised me is that the cities slow to permit are also slow to build. Every extra year waiting on a permit comes with roughly another year of construction. Rents in those cities also tend to run about 39% higher for each extra year of permitting.
So fixing permitting matters a lot, but it’s only half of it. The other half is how we actually build, which is what we work on every day.
Abundance is alive in MA! Massachusetts lifted the 282-unit housing cap on the old Fort Devens Army base. In February @MassDev sold us two acres, and we’re building 12 factory-made homes there, three of them income-restricted. The first are ready for move in this year.
@RepAuchincloss, this is the economy that works like Legos 😁