The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Mon Apr 24, 2017
LA JUNTA, Colorado - Sprout Tiny Homes has announced a collaboration and a partnership with WeeCasa, known as the world's largest tiny home hotel and resort, located on the Saint Vrain river in Lyons, Colorado. WeeCasa has 11 Sprout Tiny Homes in its resort and is collaborating with Sprout to expand the tiny home resort model in other strategic destinations in the U.S.
Moreover, Sprout has acquired 19.2 acres in Salida, Colorado located in the Rocky Mountains of Colorado. Salida annexed this acreage into its planned Unit Development District. The PUD approved development includes innovative land planning and site design concepts that conform with community quality of life benchmarks and that achieve a high level of environmental sensitivity, energy efficiency, aesthetics, high-quality development and other community goals.
The Sprout development, known as RiverView at Cleora will consist of 140 long term lease properties and 60 overnight unit rentals and all entitlements have been approved for the start of construction.
Additionally, Sprout Tiny Homes has recently designed, built and delivered a prototype container home for a major air flight training school. The company expects to deploy several more homes to house pilots and personnel at the new training facility. This validates its proof of concept as it expands its tiny home building vertical to include shipping container conversion as a popular option for modern homes, according to a press release.
During the last two months of 2016, Sprout designed, built and delivered six homes to Aspen Skiing Company to help resolve the challenge of its employee housing shortage. Two separate models were designed for Aspen Skiing Company to house a minimum of two employees per home.
In 2016 Sprout Tiny Homes changed to a singular commercial focus in the tiny home market. This was not so much a course-correction, but rather a pivot to serving multiple larger clients while improving its production efficiencies.
Sprout Tiny Homes has partnered with leading engineering and metal fabrication firms to design exciting, new "loft and stair" structures and concealed sleeping quarters and will continue to reinforce our foothold as the leader in tiny home innovation and design.
Further, Sprout Tiny Homes is proud to meet the ANSI-119.5 safety standards in all homes that it builds. This standard requires that all models meet or exceed more than 500 building and safety standards.
Lastly on the financing front, Sprout Tiny Homes has received collateral approval of its homes with several banks and financial institutions that provide commercial lease financing.