CollinsWoerman is pleased to announce a joint venture with Intellectual Ventures (IV), a patent holding and technology development firm, headquartered in Bellevue, WA. The Joint Venture is called Innovative Building Technologies (IBT), and IV’s role is to strengthen the intellectual property portfolio related to IBT’s prefabricated component parts building technology. IBT will exclusively license the proprietary building system to Sustainable Living Innovations (SLI) for implementation.
SLI will work with developers and general contractors to construct mid-rise and high-rise residential projects in urban markets, focusing on apartments, hotels, student and affordable housing.