Design-build firm Clayco has launched an investment arm called Treehouse Adventures to provide financing and operational infrastructure to startups, including those serving the AEC industry.
“We see a lot of opportunities in construction services,” says Michael Latiner, who joined Clayco last November as Treehouse’s President and Principal.
The goal is to create an environment where fledgling companies can concentrate on innovation and worry less about running a business. Clayco has dedicated the 14th floor of its headquarters in Chicago to provide space for the startups.
Treehouse’s first investment is Chicago-based Ventana Design-Build Systems, a five-month-old company that designs, supplies, and installs high-performance glass curtain wall façade systems. Latiner says Ventana’s President, Bob Trainor (center in photo, flanked by VPs Marty Trainor, left, and Ryan Murphy), was known in the business and had the ideas and processes, but needed Clayco’s operational backbone for support. “We were able to get them up and running in a week,” says Latiner.
Trainor says that Treehouse uses Clayco’s back-office services to provide marketing, IT, legal, and accounting support. It also provides an experienced senior management team and a network of relationships that startups like Ventana can leverage.
Treehouse doesn’t have a dedicated fund set aside for investment, but Latiner says he anticipates investing in two or three companies a year. A second deal has already been cut, with a technology startup whose expertise is making buildings smarter.
Read about more innovations from BD+C's 2014 Great Solutions Report.
Related Stories
Cultural Facilities | Mar 31, 2015
Pratt Institute to offer first-ever degree in placemaking
As part of its new Urban Placemaking and Management degree, Pratt will offer courses on topics such as "the history and theory of public space" and the "economics of place."
Architects | Mar 30, 2015
Q+A with Arthur Gensler, and advice from his new book
"Designers need to be trained to solve their clients’ problems through design while leading their own firms to become sustainable practices," says Gensler.
Structural Materials | Mar 30, 2015
12 projects earn structural steel industry's top building award
Calatrava's soaring Innovation Science and Technology Building at Florida Polytechnic University is among the 12 projects honored by the American Institute of Steel Construction in the 2015 IDEAS² awards competition.
Cultural Facilities | Mar 30, 2015
Designs released for new entertainment center in Lubbock, Texas
Amenities of the facility include a performance venue that seats 2,220, a smaller one that seats 425, a 6,000-sf multipurpose room, and a bistro café.
Multifamily Housing | Mar 27, 2015
Bathroom fixtures get a starchitect makeover by Bjarke Ingels
This Danish starchitect elevates the toilet paper holder (and other bathroom accessories).
Architects | Mar 27, 2015
Illustrator Federico Babina explores architecture as animals
When you pay attention, the Eiffel Tower really does look like a giraffe.
Transit Facilities | Mar 25, 2015
Kengo Kuma selected to design new Paris Metro station
The new station will serve as a hub to connect Paris' northern suburbs with the core.
Green | Mar 25, 2015
WELL Building Standard introduced in China
The WELL Building Standard is a performance-based system for measuring, certifying and monitoring features that impact human health and wellbeing, through air, water, nourishment, light, fitness, comfort, and mind.
High-rise Construction | Mar 24, 2015
Timber high-rise residential complex will tower over Stockholm waterfront
The four towers, 20 stories each, will be made entirely out of Swedish pine, from frame to façade.
Higher Education | Mar 23, 2015
Hong Kong university building will feature bioclimatic façade
The project's twin-tower design opens the campus up to the neighboring public green space, while maximizing the use of summer winds for natural ventilation.
