Vancouver Sun

Katerra acquires local architect

- DERRICK PENNER depenner@postmedia.com

Vancouver architect Michael Green has joined forces with the Silicon Valley design-build startup Katerra, a company that promises to shake up the constructi­on sector just as technology has transforme­d other industries from taxis to accommodat­ion.

On Wednesday, Green said Katerra bought out the shares in his firm, MGA, but it will remain a stand-alone entity within the larger company as “a Katerra continuing to advance the cause of building more tall buildings using mass-timber materials.”

He declined to cite a value for the transactio­n, but said the acquisitio­n will give MGA access to the tools, materials and techniques that Katerra is developing as a “vertically integrated” designbuil­d firm working in mass timber.

“What we’re able to do now is take the stuff we’ve been doing out of our 25-person firm in Gastown and bring it to a much bigger scale in North America,” Green said.

The goal, Green said, is to use Katerra’s integrated technology and processes to reduce the cost of delivering high-quality buildings and attractive architectu­re.

Green wrote the book on tall timber structures in 2012, The Case for Tall Wood Buildings, that laid out a manual to build highrises as tall as 30 storeys using materials such as cross-laminated timber panels and glue-laminate beams.

Katerra has made waves as a startup that raised US$220 million from traditiona­lly tech-related venture-capital funds, which it is pouring into establishi­ng capabiliti­es to design buildings and produce the mass-timber materials they need to pre-fabricate components in factories to assemble on site.

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