Design-build firm Clayco has launched an investment arm called Treehouse Adventures to provide financing and operational infrastructure to startups, including those serving the AEC industry.
“We see a lot of opportunities in construction services,” says Michael Latiner, who joined Clayco last November as Treehouse’s President and Principal.
The goal is to create an environment where fledgling companies can concentrate on innovation and worry less about running a business. Clayco has dedicated the 14th floor of its headquarters in Chicago to provide space for the startups.
Treehouse’s first investment is Chicago-based Ventana Design-Build Systems, a five-month-old company that designs, supplies, and installs high-performance glass curtain wall façade systems. Latiner says Ventana’s President, Bob Trainor (center in photo, flanked by VPs Marty Trainor, left, and Ryan Murphy), was known in the business and had the ideas and processes, but needed Clayco’s operational backbone for support. “We were able to get them up and running in a week,” says Latiner.
Trainor says that Treehouse uses Clayco’s back-office services to provide marketing, IT, legal, and accounting support. It also provides an experienced senior management team and a network of relationships that startups like Ventana can leverage.
Treehouse doesn’t have a dedicated fund set aside for investment, but Latiner says he anticipates investing in two or three companies a year. A second deal has already been cut, with a technology startup whose expertise is making buildings smarter.Â
Read about more innovations from BD+C's 2014 Great Solutions Report.
Related Stories
| Jun 30, 2014
Autodesk acquires design studio The Living, will create Autodesk Studio
The Living, David Benjamin's design studio, has been acquired by Autodesk. Combined, the two will create the Autodesk Studio, which will "create new types of buildings, public installations, prototypes and architectural environments."
| Jun 30, 2014
San Antonio green lights multimodal transit center
The new 90,000-sf development will principally service San Antonio’s growing network of city bus and VIA PRIMO bus rapid transit service, including real-time arrival updates, as well as become an iconic public plaza for the city.
| Jun 30, 2014
Philip Johnson’s iconic World's Fair 'Tent of Tomorrow' to receive much needed restoration funding
A neglected Queens landmark that once reflected the "excitement and hopefulness" at the beginning of the Space Age may soon be restored.Â
| Jun 30, 2014
Research finds continued growth of design-build throughout United States
New research findings indicate that for the first time more than half of projects above $10 million are being completed through design-build project delivery.Â
| Jun 30, 2014
Narrow San Francisco lots to be developed into micro-units
As a solution to San Francisco’s density and low housing supply compared to demand, local firms Build Inc. and Macy Architecture each are to build micro-unit housing in a small parcel of land in Hayes Valley.
| Jun 30, 2014
Arup's vision of the future of rail: driverless trains, maintenance drones, and automatic freight delivery
In its Future of Rail 2050 report, Arup reveals a vision of the future of rail travel in light of trends such as urban population growth, climate change, and emerging technologies.Â
| Jun 30, 2014
4 design concepts that remake the urban farmer's market
The American Institute of Architects held a competition to solve the farmer's markets' biggest design dilemma: lightweight, bland canopies that although convenient, does not protect much from the elements.
| Jun 30, 2014
Harvard releases the State of the Nation’s Housing 2014
Although the housing industry saw notable increases in construction, home prices, and sales in 2013, household growth has yet to fully recover from the effects of the recession, according to a new Harvard University report.Â
| Jun 30, 2014
OMA's The Interlace honored as one of the world's most 'community-friendly' high-rises
The 1,040-unit apartment complex in Singapore has won the inaugural Urban Habitat award from the Council on Tall Buildings and Urban Habitat, which highlights projects that demonstrate a positive contribution to the surrounding environment.
| Jun 30, 2014
Work starts on Jean Nouvel-designed European Patent Office in the Netherlands [slideshow]
With around 80,000 sm and a budget of €205 million self-financed by the EPO, the complex will be one of the biggest office construction sites ever in the Netherlands.Â
