The Future of Construction is Looking Green With This Business Merger

By Cass Jacoby, RCS Reporter.  

Green Canopy NODE looks to build sustainable and affordable homes fast. 

Homes are unarguably the center of our lives. And Green Canopy NODE is on a mission to change the current paradigm of housing by addressing the complex challenges within the industry itself. The construction sector is long overdue for modernizing, with modular and prefab technology being heralded as part of the construction industry’s upscaled future.  

NODE, a Seattle-based, carbon-cutting construction company has been developing an approach to building energy-saving homes out of pre-fabricated components made from environmentally friendly materials. Now, the company’s merger with Green Canopy, an eco-focused real estate developer and home builder, is making the future of construction look a little greener.  

The merged business will incorporate the structural panels that NODE has developed into Green Canopy projects. The long-term plan is to engineer a system of modular panels that will assemble into an entire home. This strategy of home building cuts the amount of labor needed, has a smaller carbon footprint and could help address the housing shortage according to Bec Chapin, co-chief executive alongside Green Canopy co-founder Aaron Fairchild, in an interview with GeekWire.  

While “greening” the construction industry through tech has before been a complicated, ecosystem with lots of moving parts, this merger encompasses that ecosystem by being one company that covers real estate development, manages real estate funds, and provides project design, feasibility and construction of energy-efficient residential multi-family projects. 

"There are some monumental synergies at play here, fueled by tech expertise and development know-how that can come together seamlessly to create scale," Peter Orser, board chair of Green Canopy NODE stated in a press release. "This is exciting because you generally don't find this combination in the market – it's typically either one or the other." 

It is precisely these kinds of big transformations that will evolve the industry to build houses faster and more cost-effectively while providing a high-quality, sustainable and healthy home. 

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Photo credit: Green Canopy NODE