Cloud Apartments Unveils Silicon Valley: Silicon Valley entrepreneur Curtis Wong, CEO and founder of Cloud Apartments, is proposing a groundbreaking approach to affordable housing in San Jose. Wong envisions constructing 174 affordable units on a vacant lot at 1265 The Alameda. Cloud Apartments aims to streamline the development process using state law SB 330 and introduce innovative modular construction technology.
Cloud Apartments has developed a proprietary installation system that allows the assembly of apartment modules in a factory. These modules, complete with wiring, plumbing, HVAC, and technology, are then shipped to the development site in a plug-and-play format. Wong’s mission is to address the housing crisis by revolutionizing the economics and efficiencies of housing construction.
The proposed development, dubbed Cloud San Jose, is strategically located near San Jose Airport, Santa Clara University, and downtown San Jose. The company is not only focusing on San Jose but also eyeing projects in Concord, Berkeley, Redwood City, and Watsonville. The Cloud Apartments project in San Jose is envisioned with amenities like a rooftop deck, gym, lounge, and parking garage.
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Curtis Wong, a former engineer for SpaceX, brings his innovative approach to housing construction, drawing inspiration from his experience at the spacecraft company. Cloud Apartments operates as both a product and technology company, aiming to be the innovation hub for the construction industry. The company has secured venture capital funding, including a $3 million financing round led by Tim Connors at PivotNorth Capital.
Cloud Apartments encourages developers to submit proposals for specific sites, with the company responding by detailing the feasibility of developing affordable housing on the property. With a focus on rethinking rental apartments and leveraging advanced modular construction, Cloud Apartments aims to provide a sustainable solution to the urgent housing crisis in America.