Buccaneers Super Bowl champion Suh invests in Idaho’s IndieDwell
A development company owned by defensive end Ndamukong Suh of the Super Bowl 2021 Tampa Bay Buccaneers champion invested in an Idaho affordable home maker.
Suh is president of Portland HMS development, who with Bastogne Development Partnersfrom Pennsylvania, invested $ 5.8 million in IndieDwell, headquartered in Boise.
“We believe that an attainable life is a crucial step in individual and community growth, which is why we are so proud to partner with IndieDwell to provide turnkey development and construction solutions to communities across the country ”, Suh, HMS development president, said in a statement.
HMS co-founder Joel Andersen is no stranger to the Treasure Valley. He is CEO from Portland Andersen Construction, who built the Thomas Logan, Lucie and the water cooler apartments and renovated the Tenth and Grove Building, all in downtown Boise.
Uh, who studied construction management at the University of Nebraska and lives in Portland in the off-season, has been active in housing the young black professional workforce initiative. It aims to house participants in a learning program for Portland residents seeking careers in construction, architecture and engineering.
The plan includes the construction of a 16-unit apartment building in downtown Portland, where participants would live while learning in construction, architecture and engineering companies.
Bastogne development partners specializes in real estate projects with a social impact.
“This capital comes at a time when our sales pipeline is strong, helping to fuel our growth initiatives,” said the CEO of IndieDwell. Christina ortiz bluth said in the press release.
“The cost and availability of housing is a top concern across our country, and we look forward to building on this momentum to continue increasing the stock of affordable housing and creating jobs that pay living wages. ”
IndieDwell received national attention after creating affordable homes from used shipping containers. Earlier this year, the company announced it would stop using shipping containers and start manufacturing modular steel frame homes.
IndieDwell operates a 100,000 square foot plant in Pueblo, Colorado, which opened in July 2020. In May, the company has announced plans to invest more than $ 2 million in a second plant in Newport News, Virginia. In its press release announcing the new investments, IndieDwell said he plans to announce new factory locations next year.
The company has remained silent about its factory at 3520 Arthur St. at Caldwell. The 21,000-square-foot plant, which the company said was too small to meet its needs, closed earlier this year and all 61 plant workers were laid off. At the time, IndieDwell co-founder and executive chairman Pete Gombert said it would “probably take several months before restarting.”
Gombert could not be reached by phone on Monday and Tuesday.
This story was originally published October 6, 2021 4:00 a.m.