The Amherst Group, LLC, a vertically integrated real estate investment, development, and operating platform, has opened its first StudioBuilt™ manufacturing facility for new homes.
Amherst held a grand opening and ribbon cutting on April 5 in Cuero, Texas.
Amherst purchased a closed textile factory in Cuero, Texas in 2021 to launch its first StudioBuilt manufacturing facility. Revitalizing this facility will, at full capacity, create more than 250 manufacturing jobs and produce hundreds of new, high-quality homes each year.
“As a real estate investment, development, and operating platform, we seek to fill unmet consumer demand for affordable, accessible, safe single-family housing across the U.S,” Amherst CEO Sean Dobson said. “Our StudioBuilt homes initiative is a testament to our commitment to identifying innovative solutions to combat the nation’s housing crisis by increasing affordable housing supply in areas of opportunity.”
Amherst’s StudioBuilt homes are prefabricated homes, constructed in a factory and then installed on-site.
This off-site construction process enables the homes to be completed 50% faster than the standard process, Amherst stated in a release and provides better quality controls during the construction process, and is a more sustainable housing product.
“We are thrilled to celebrate the opening of this manufacturing facility as we seek to apply our innovative approach and resources to providing more accessible, affordable, and quality housing for communities,” Amherst Vice Chairman Spencer Lindahl said. “We look forward to bringing these high-quality homes to neighborhoods in Texas and nearby states, and we welcome the opportunity to work with local leaders to bring this unique housing solution to their communities.”
Amherst stated it has plans to invest more than $12 million in the Cuero factory, which will enable it to produce more than 600 new housing units every year.
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