Allante Development Inks Deal with Katerra
Katerra to Design, Engineer, and Build Goodyear Multifamily Development
Allante Development LLC of Scottsdale, Arizona, today announced that it has signed a contract with Katerra, a technology company redefining the construction industry. Katerra will provide design, engineering, and construction services for Cascade Falls, Allante’s new 288-unit apartment development in fast-growing Goodyear, Arizona.
Katerra provides fully integrated, end-to-end products and services for new-build projects, including design, engineering, materials, offsite manufacturing of building components, and construction. By taking responsibility for the entire project life cycle, Katerra can optimize for speed and efficiency while offering configurable designs that are beautiful, timeless, and adaptable to the user’s various needs.
Cascade Falls is the first property Allante will develop with Katerra. Allante is in the planning stages of creating a multi-year pipeline it intends to address through repeatable building designs deployed in large volumes. By focusing on and benefiting from Katerra’s technology-based systems, Allante is committed to doing its part to provide more attainable housing in the United States.
Said Allante CEO Darell Schmidt, “I’m excited to work with Katerra. Their vertically integrated approach and investment in R&D is bringing much-needed change to the construction industry. By working with Katerra, we can bring higher-quality homes to market faster.” Schmidt is a 40-year veteran of the industry, responsible for more than $1 billion in commercial and residential development. He readily refers to Katerra as “way ahead of their time and right on the mark,” which is why Allante is committing to working with Katerra going forward, with multiple projects in the planning stages.
Working with a range of developer clients, Katerra serves as the architect, material supplier, manufacturer, general contractor, trade contractor, and project manager. The company takes responsibility for the entire project life cycle, integrating every product and service necessary to design and assemble buildings. This approach allows Katerra to optimize the design and construction process for speed and efficiency.