Speaking on Business: indieDwell
indieDwell has figured out an innovative approach to creating affordable housing.
This is Chris Redgrave for Zions Bank Speaking on Business.
Scott Flynn spent 15 years as a residential homebuilder until he realized only a small percentage of the population could afford his custom build, and he wanted to change that. In partnership with Pete Gombert, an innovator who specializes in early-stage companies, they created indieDwell and are having an impressive impact on shifting the market.
Pete understands that when you gain efficiency, it drives the price down, which he passes to his customers. His goal was to bring this model to the housing market, and this became the motivation for indieDwell as a public benefit corporation. What they do is construct high-quality, sustainable modular housing at an affordable price point, so it’s helping address our massive housing crisis. The Urban Institute reports there’s a shortage of over 6 million units for folks who rent and first-time homebuyers. low-income renters.
IndieDwell has a factory where they construct home components, which are shipped to the building site and in a matter of days, they become a beautiful well-built home, laid on a foundation. This includes single-family homes, duplexes, four-plexes and large-scale multi-family housing. The market is going crazy for indieDwell, which is shipping products across the United States. Demand is so high, they’ve grown from 15 to 55 employees in a matter of months with plans to expand.
Be sure to visit online at indiedwell.com
For Zions Bank, I’m Chris Redgrave, speaking on business.
217 S. 11th St.
Boise, ID 83702