Palari and SML will build a 3D printed net zero energy community
Palari Group, a technology-based sustainable community developer based in Beverly Hills, and SML (Sinarmas Land) Limited, Indonesia’s largest real estate developer, have entered into a strategic partnership in the United States. SML, through its wholly-owned subsidiary, has acquired a 40% stake in the joint expansion of Palari’s sustainable single-family residence portfolio, including the world’s first 3D-printed net-zero energy community in Greater Palm Springs, California.
Palari currently has three planned communities in development, including its 3D printed net zero energy community, with a total of 200 residential sites. Palari villas are built using a modular construction methodology which includes the use of 3D printing technology – reducing waste and CO2 emissions without compromising the quality of the constructions.
“We are very pleased to announce our strategic partnership with SML Group; their rich experience and successes in developing smart, sustainable and affordable cities aligns perfectly with Palari’s vision to become America’s leading developer of technology-driven sustainable communities,” said Basil Starr, CEO of Palari.
SML Group is an international real estate developer with operations in several countries, and now also in the United States. “As a sustainable leader, SML has always focused on leveraging innovative and sustainable solutions in its development and continues to seek like-minded partners to continue this endeavor. This partnership marks a big step towards a more sustainable future, leveraging modern construction methods to reduce our carbon footprint,” said Michael Widjaja, CEO of Sinar Mas Land Group in Indonesia.
Traditional building methods are slow, expensive and haven’t changed for centuries. On top of that, there are labor shortages and rising material costs. All of this has contributed to the current housing deficit in the United States. Currently, the construction industry is one of the largest waste-producing industries in the world. Although sustainability has been and has been a major concern of many industries for quite some time, “green” homes have yet to fully materialize. Construction 3D printing offers the opportunity to change that.
Palari’s mission is to make an impact towards a carbon neutral future and support the United Nations Sustainable Development Goals. Palari is also a sponsor of Jump For The Planet Foundation, an organization that provides sustainable housing for refugees.