A modular construction company based on the East Coast could help alleviate Utah’s housing crisis.
last week. There was one winner in each category: Volumetric Building Companies in construction, BuildUP in policy reform and BlackStar in finance.
“Be willing to take a little bit of a risk …,” he said, “and commit to being a champion of innovation and affordability.” John Green and George Scott with Blackstar Stability stand in front of a brick building on a rainy day. Blackstar Stability is a winner of the 2022 Ivory Prize, an affordable housing innovation competition hosted by Ivory Innovations at the University of Utah.
Mark Martin, the CEO of BuildUp, says the program allows youth, especially marginalized youth, to build wealth at an early age. Mark Martin, the founder of the trade school BuildUP stands next to the school's student service coordinator, Gerrell Jones. BuiltUp is a winner of the 2022 Ivory Prize, an affordable housing innovation competition hosted by Ivory Innovations at the University of Utah.
Von Buckley, the CEO of VBC, says modular building can complete a building in nearly half the time compared to conventional construction, thereby decreasing the cost of labor and getting people into homes quicker. And VBC is a package deal. They take care of design, manufacturing, construction and shipping, streamlining the process.
“We have a project in store for you,” Ivory told Buckely, “and we can’t wait to bring you out here and put you to the test.”
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