Business
Sprout Homes Update: No More Tiny Homes, Signing of a Top 10 National Builder, a Regional Developer, Focus on Technology Innovation, Name Change, Creation of a Modern Zero Energy Ready Home Building Company and North Vista Highlands
Sprout Homes Update: No More Tiny Homes, Signing of a Top 10 National Builder, a Regional Developer, Focus on Technology Innovation, Name Change, Creation of a Modern Zero Energy Ready Home Building Company and North Vista Highlands.
About this update from Sprout Tiny Homes, Inc.
[{"type":"text","content":"\n Pueblo, CO, Sept. 09, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Sprout Tech Homes, Inc. (OTCQB: STHI), announced significant updates today including several initiatives, business model changes, signing of a top 10 national builder and a growth / acquisition plan. First, Sprout will no longer be manufacturing tiny homes on wheels. The experience and innovation spent in developing tiny homes served an important purpose as Sprout transitions into a modern technology and home building company. Sprout’s design and technology innovation are the building blocks it will use to scale a modern high-tech residential building company that will establish a high bar in building affordable, healthy, and energy efficient homes in a post pandemic market. Sprout is scaling its modern, Zero Energy Ready building company through an aggressive acquisition strategy. It is currently in negotiation with three building and technology companies to be vertically integrated to create homes that incorporate Sprout’s technology and vision of building healthy, Zero Energy Ready Homes. The focus of scaling a modern building company is related directly to North Vista Highlands, (northvistahighlands.com), the new Zero Energy Ready housing development in Pueblo, CO. The first phase will consist of 162 homes consisting of mixed-use retail / residential, townhomes and single-family homes. As the lead developer of North Vista Highlands, Sprout is also announcing that it has executed a Letter of Intent with a top 10 national builder to build on 69 of the 162 lots and a regional developer to build 51 townhomes in North Vista Highlands. The townhome developer will incorporate some of the Sprout technology innovation. Sprout is expecting the first 162 lots to be complete and ready for building to begin in November and is negotiating to secure additional lots in the 4850-unit development at North Vista Highlands. The homes being constructed in North Vista Highlands will set a standard for the future of housing. Technology innovation will highlight non toxic interiors, superior indoor air quality, water filtration, EMF reduction, a COVID clean room, virus resistant flooring / surfaces, new kitchen technology,  and innovative work / workout space with HVAC technology to take comfort to a new level.  A resort style clubhouse and pool is in final ...