Arthroto, a visionary new startup, launched today with a mission to
transform the housing industry and address the urgent need for
cost-effective, sustainable and efficient housing across North
America. In partnership with DIRTT, the company is focused on using
prefabrication methodologies to convert underutilized office spaces
into modern residential and mixed-use housing.
Arthroto will use a holistic approach to provide end-to-end
integration of unoccupied spaces. From day one, the startup is
positioned to be the outlier and disruptor in converting massive
amounts of unused office space to residential and mixed-use
housing, without having to rely on wasteful and outdated
conventional construction methods.
“The launch of Arthroto marks a groundbreaking evolution in the
housing industry as we strive to repurpose underutilized office
spaces into thriving residential and mixed-use communities,” said
Doug Hayden, president and founder of Arthroto. “By leveraging the
principles that have existed for decades in prefabricated,
prefinished, volumetric construction for office spaces, Arthroto
applies massive gains in productivity. By using new technologies,
we can ensure cleaner and safer construction projects, rapid
deployment times, reduced onsite labour and help clients meet their
ESG targets, which in turn helps pave the way for sustainable urban
development.”
To help bring Arthroto’s vision to life, the startup has formed
a strategic partnership with DIRTT, a global leader in
industrialized construction for interior spaces. DIRTT specializes
in customizable, adaptable and sustainable interior construction.
Their innovative construction system, combined with its emphasis on
adaptability and sustainability, provide a strong foundation for
Arthroto’s future ventures.
What sets Arthroto apart is its comprehensive systems approach
to providing an integrated solution. The startup has strategically
partnered with market leaders like DIRTT in various fields to
ensure imbedded quality and efficiency throughout the construction
process. By collaborating with companies that specialize in
prefabricated interior structures, building information management
systems, smart home, state-of-the-art HVAC systems and new AI
design tools, Arthroto aims to provide an all-encompassing approach
that will cover every aspect of a project, from design to
implementation.
"Our collaboration with Arthroto represents an innovative stride
in urban redevelopment that aims to set new standards in the
industry,” said Benjamin Urban, CEO of DIRTT. “Our approach to
adaptable interior construction and our focus on sustainable
building aligns well with Arthroto’s mission.”
Arthroto is currently focused on developing
strategic alliances and joint ventures, along with uncovering
potential projects. The company has already attracted
significant attention from investors, developers, commercial real
estate brokers and urban planners alike. It is continuing to seek
collaborations with building owners, asset managers, REITs, RELPs,
pension funds and banks that have unused office space and are
looking to conversion as a possible solution.
"I strongly encourage those who share our vision to invest in
our mission and partner with us,” said Hayden. “With your support,
we can lead the charge in revolutionizing the housing industry by
offering affordable, sustainable options to help overcome high
demands.”
As Arthroto forges ahead, its commitment to excellence,
innovation and sustainability will reshape the future of housing
and pave the way for revitalized communities in unused office
spaces. To learn more about Arthroto’s progress, opportunities for
collaboration or to propose a project, visit www.arthroto.com.
About DIRTT DIRTT is a leader in
industrialized construction. DIRTT’s system of physical products
and digital tools empowers organizations, together with
construction and design leaders, to build high-performing,
adaptable, interior environments. Operating in the workplace,
healthcare, education, and public sector markets, DIRTT’s system
provides total design freedom, and greater certainty in cost,
schedule and outcomes. DIRTT's interior construction solutions are
designed to be highly flexible and adaptable, enabling
organizations to easily reconfigure their spaces as their needs
evolve. This flexibility is especially important in today's rapidly
changing business environment, where organizations need to be able
to adapt quickly to new challenges and opportunities. Headquartered
in Calgary, AB Canada, DIRTT trades on Nasdaq under the symbol
“DRTT” and on the Toronto Stock Exchange under the symbol
“DRT”.
About ArthrotoArthroto, a forward-thinking
startup, is reshaping the housing sector with its unique take on
prefabricated construction, turning unused office spaces into
sustainable residential housing. Using advanced technology and
strategic collaborations, Arthroto delivers end-to-end solutions to
ensure efficient construction processes and superior quality.
Emphasizing on sustainability, Arthroto uses AI tools and
building information management systems to optimize construction
and create eco-friendly habitats. Collaborations with industry
leaders in prefab interior structures, mechanical, electrical, and
plumbing systems allow them to deliver custom, energy-efficient
interiors.
With an ambition to solve housing affordability and promote
sustainable urban development, Arthroto has caught the attention of
investors, developers, and urban planners. Arthroto's innovation
and holistic solutions position it as a transformative player in
the prefab construction industry.
For more information, visit: www.arthroto.com
For media inquiries, please contact:Kelsey
WilsonBrookline Public Relations
Inc.403-471-1284kwilson@brooklinepr.com
DIRTTir@dirtt.com
For business inquiries, please contact:Doug
HaydenArthroto403-616-0000dhayden@arthroto.com
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