Net Zero Energy Developer MODUS Partners with HercuTech on Built-To-Rent Space “Arcadia View Lofts"
Known as one of the country’s leading developers of Net Zero communities, MODUS Companies, is now poised to open multiple projects equaling 1,200 units throughout the Valley. The first to be built are the Arcadia View Lofts, located at 2640 N 52nd Street, Phoenix, AZ 85008, where MODUS has partnered with Kinella Construction and HercuTech, the manufacturer of HercuWall™, to supply a patented “green” wall building system, to add to the project’s earth-friendly appeal.
“Our work with Kinella and HercuWall will truly give an edge to our Net Zero technology making this development unlike any other,” said Founder of MODUS Companies Ed Gorman. “Location, design and technology are our three cornerstones, and with that we have been able to also address increasing affordability issues within our communities. For example, utility bills will be a third of the norm.”
The Arcadia View Lofts were specifically designed with a single-family feel and multifamily amenities, two floor plan options will be featured in the community: one being a two-bedroom loft in a two-story building and another being a one-bedroom in a one-story building.
This will be the first ever Net Zero Energy multifamily project in Phoenix using HercuWall™ technology – the combination of which Gorman and his team have coined “The Tesla of Built-to-Rent.” HercuWall™ Is a patented steel reinforced concrete insulating form building system engineered for superior strength and durability to wood frame. It is environment friendly and resistant to mold, moisture, insects and natural disasters. It is also extremely cost efficient because of its light weight and ease in installation.
“HercuTech is proud to partner with MODUS Companies and build sustainable, healthy housing with our innovative and patented HercuWall technology,” said Jason Rhees, CEO of HercuTech. “Our building system is manufactured sustainably, recycles 100% of scrap foam, produces no onsite waste, decreases the carbon footprint of the project, and results in a longer-lasting, energy-efficient structure. MODUS’ decision to build with HercuWall is affording residents peace, comfort, and protection that can only come from building better. HercuTech is putting the ‘E’ in ESG.”
Conveniently located just south of the Biltmore and Arcadia neighborhoods, and blocks from Scottsdale, Arcadia View Lofts is in an ideal, centrally located area within greater Phoenix. In addition to being Net Zero Energy and using HercuWall™ technology, the property will also feature solar panels, Energy Star appliances, Nest thermostats, advanced home automation, a community pool/spa and ramada, and each unit has its own back yard with pet door.