Diamond Lake Minerals (DLMI) has announced a strategic partnership with BOXABL, Inc., a modular home building company, to develop Boxabl Villages, a new concept in community living. This collaboration leverages BOXABL's innovative housing technology, which allows for the mass production of homes in a manner akin to automotive manufacturing. The partnership was highlighted by DLMI CEO Brian J. Esposito during a discussion with Proactive, emphasizing the potential to significantly reduce construction timelines and costs.
BOXABL, founded in 2017 by Paolo and Galiano Tiramani, has made significant strides in the modular housing industry. In 2021, the company secured a federal contract worth over $9 million to supply 156 Casitas to a military base, alongside the opening of a 170,000-square-foot manufacturing facility in Las Vegas, NV. These achievements underscore BOXABL's capacity for low-volume production and its readiness to scale up to mass production, setting the stage for a revolution in how homes are built and communities are developed.
The partnership between DLMI and BOXABL is poised to explore new financing avenues, including the use of security tokens, to support the development of Boxabl Villages. This innovative approach not only aims to make housing more affordable and accessible but also opens up unique investment opportunities. By combining DLMI's financial expertise with BOXABL's cutting-edge construction technology, the two companies are set to redefine the future of real estate development.
For more information on BOXABL's technology and projects, visit https://www.boxabl.com. This partnership represents a significant step forward in addressing the global housing crisis, offering a scalable, efficient, and aesthetically pleasing solution to community development. As DLMI and BOXABL move forward with their vision, the real estate sector watches closely, anticipating the broader implications of their collaborative efforts on industry standards and practices.
