Three Squared, a real estate development company, is planning America’s first 20-unit, 26,000 square feet, multi-family condo constructed from retired shipping containers in Rosa Parks, Detroit.
The structure is designed by local architect, Steven Flum. All 93 shipping containers are made of steel and wood and are planned to have their own energy efficient systems that include ductless heating and air system, tank-less water heaters and other energy saving amenities to reduce energy costs by 80 percent. Leslie Horn, Three Square’s CEO says: ‘Our company marries the trend toward sustainable green housing solutions with the problems of escalating building costs and a surplus of unlikely yet durable, versatile, widely available, economical and code-friendly shipping containers’. The development is set to cost $3.4 million and will break ground in Spring 2013.