Reservations Begin in 2023 for the 100-home
Community Codesigned by BIG-Bjarke Ingels Group
GEORGETOWN, Texas, Nov. 10,
2022 /PRNewswire/ -- Lennar, one of the nation's
leading homebuilders, and ICON, a construction technologies company
pioneering large-scale 3D printing, announced today that
construction on the largest community of 3D-printed homes is
underway and reservations will begin in 2023.
Situated north of Austin in the
city of Georgetown's
master-planned community of Wolf Ranch by Hillwood Communities, a
Perot company, the 100-home community combines innovative robotics,
software and advanced materials to create homes that are
technologically advanced, environmentally sustainable and
architecturally striking. Each Lennar home in Wolf Ranch is
co-designed by the renowned architectural firm BIG-Bjarke Ingels
Group. Prices are anticipated to start from the mid-$400,000s.
"We are very pleased to partner with ICON and BIG in building a
first-of-its-kind, printed home community that combines innovative
designs with sustainable features at an affordable price," said
Stuart Miller, Executive Chairman of
Lennar. "Given the housing shortage that persists across the
country, it has never been more important to innovate in order to
find new methods of construction that will enable greater design
flexibility and greater production at affordable prices."
Blending contemporary Texas
ranch style aesthetics, the community of 3D-printed homes features
elevated architectural and energy-efficient designs that highlight
the benefits of resiliency and sustainability with the digital
possibilities of additive construction. Delivered at speed and at
scale using a fleet of ICON's Vulcan robotic construction systems,
software and advanced materials, each home's full wall system -
including interior and exterior walls - are produced with less
waste and with more design freedom.
"For the first time in the history of the world, what we're
witnessing here is a fleet of robots building an entire community
of homes. And not just any homes, homes that are better in every
way… better design, higher strength, higher energy performance and
comfort, and increased resiliency," said Jason Ballard, co-founder and CEO, ICON. "In the
future, I believe robots and drones will build entire
neighborhoods, towns, and cities, and we'll look back at Lennar's
Wolf Ranch community as the place where robotic construction at
scale began. We still have a long way to go, but I believe this
marks a very exciting and hopeful turn in the way we address
housing issues in the world."
Construction at Wolf Ranch deepens a relationship that began
with Lennar's investment in Austin-based ICON's series B financing round
and offers a promising path toward an alternate method of
delivering technology-driven homes that meet rising demand in
desirable communities. In addition to state-of-the-art homes,
Lennar homeowners in Wolf Ranch can enjoy all of the amenities
offered in tree-covered hill country – including pools,
recreational trails and parks within easy access of downtown
Georgetown and a short drive to
Austin.
Lennar's investments are facilitated by LENX, which
drives a focused strategy within Lennar to integrate technology
solutions across the homebuilding industry. With a clearly defined
strategy of investing in technology companies directly adjacent to
Lennar's core homebuilding operations and a disciplined investment
process, LENX provides hands-on mentorship and guidance
from senior leaders of Lennar's management team and a marquee
opportunity to provide products and technology to Lennar customers,
allowing portfolio companies to scale at an unprecedented pace.
The community will offer eight stunning floorplans with 24
unique elevations ranging from 1,574 to 2,112 square feet of
thoughtful living space. The homes will offer three to four
bedrooms and two to three baths. All homes will be powered by the
sun with rooftop solar panels and will feature components from
Lennar's Connected Home package including a Ring Video Doorbell
Pro, a Schlage Encode™ Smart WiFi deadbolt and a Honeywell Home T6
Pro WiFi smart thermostat. Plus, each home will come equipped with
the Wolf Ranch security package.
"We are excited to welcome Lennar and ICON's cutting-edge home
construction technology to Georgetown," Georgetown Mayor Josh
Schroeder said. "The Georgetown community prides itself on honoring
our past and innovating for our future, and we are eager to see the
future being built right here."
Hillwood Communities is honored that ICON and Lennar chose Wolf
Ranch to launch this exciting initiative and we look forward to the
positive impact it will bring to the homebuilding industry," said
Fred Balda, president of Hillwood
Communities. "This innovative approach aligns with Hillwood's long
history of elevated design and the thoughtful development approach
we take to ensure a higher standard of living for the residents of
our communities."
Reservations begin in 2023. Interested homebuyers can join the
interest list by clicking here.
About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation's
leading builders of quality homes for all generations. Lennar
builds affordable, move-up and active adult homes primarily under
the Lennar brand name. Lennar's Financial Services segment provides
mortgage financing, title and closing services primarily for buyers
of Lennar's homes and, through LMF Commercial, originates mortgage
loans secured primarily by commercial real estate properties
throughout the United States.
Lennar's Multifamily segment is a nationwide developer of
high-quality multifamily rental properties. LENX drives
Lennar's technology, innovation and strategic investments. For more
information about Lennar, please visit www.lennar.com.
About ICON
ICON develops advanced construction technologies that advance
humanity. Using proprietary 3D printing robotics, software and
advanced materials, ICON is shifting the paradigm of homebuilding
on Earth and beyond. For more information
visit www.iconbuild.com or follow the conversation
on Instagram,
Twitter, Facebook, YouTube (@ICON3DTech).
About BIG – Bjarke Ingels
Group
BIG-Bjarke Ingels Group is a Copenhagen, New York, London, Barcelona, and Shenzhen-based group of architects, designers,
urbanists, landscape professionals, interior and product designers,
researchers, and inventors. Led by Bjarke Ingels, the studio is
currently involved in projects throughout Europe, the Americas, Asia, and the Middle
East. BIG's architecture emerges out of a careful analysis
of how contemporary life constantly evolves and changes. BIG
believes that by hitting the fertile overlap between pragmatic and
utopia, architects can find the freedom to change the surface of
our planet, to better fit contemporary life forms.
About Hillwood
Hillwood, a Perot company, is a premier commercial and
residential real estate developer, investor and advisor of
properties throughout North
America and Europe. Through its Communities
division, Hillwood has delivered more than 40,000 single-family
lots in more than 100 master-planned communities across 13
states and Costa Rica. These communities continue to raise the
bar in terms of quality, innovation and the unmistakable sense of
community that sets each property apart. Before laying the physical
groundwork for any new residential development, Hillwood
Communities takes the time to focus on the ideals that draw people
together — and the everyday interactions that strengthen those
bonds. By purposefully designing its walkways, gathering
spaces, and structural amenities to spark spontaneous encounters
and foster shared interests, Hillwood Communities believes in the
power of community. For more information, please
visit http://www.hillwoodcommunities.com.
About the City of Georgetown
Georgetown is a welcoming,
vibrant city that has been ranked No. 1 in Southern Living
Magazine's "South's Best Cities to Live in" and is home to the
"Most Beautiful Town Square in Texas." Georgetown has a rich history, with Victorian
storefronts and a cultural district with a wide selection of
restaurants, wineries, shops, art galleries, theaters, and museums,
as well as Southwestern University,
tied for the No. 1 National Liberal Arts College in Texas in the latest U.S. News & World
Report ranking. Outdoor recreation includes 40 parks, 16 miles of
hiking and cycling trails, and Lake Georgetown. Georgetown is the fastest growing city in the
U.S. with a population of more than 50,000.
Contact: Danielle
Tocco
Vice President
Communications
Lennar
Corporation
Danielle.Tocco@Lennar.com
Direct
Line: 949.789.1633
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SOURCE Lennar Corporation