Builders Alliance Launches Rebuild Solutions for Los Angeles Fire Survivors
Homebuilders share resources to reduce prices and timelines and simplify rebuilding.
Digital portal links Palisades and
The unique digital portal leverages economies of scale and shared resources. Homeowners can match their address to home choices that include pre-designed turnkey residences at costs equal to or below average insurance proceeds. This efficiency also significantly shortens the time needed to rebuild.
Establishment of this Builders Alliance is a key recommendation of Project Recovery, the plan offered by ULI Los Angeles, UCLA Ziman Center for Real Estate and USC Lusk Center for Real Estate in response to the
"The Builders Alliance offers fire victims a way to rebuild expediently and cost-effectively through the combined market power and capacities of homeowners and homebuilders," said UCLA Ziman Center for Real Estate Director
The no-charge Builders Alliance Portal is a digital representation that maps every residential parcel in the Palisades and Eaton fire areas. Employing AI technology and powered by Canibuild (a leading-edge prop tech company that provides cloud-based site-planning software for the residential construction industry), the map is trained on local zoning regulations and pairs each lot with extensive menus of designs and costs. Property owners enter their address and can filter options by preferences such as square footage, bedrooms, bathrooms and price. Many builders offer pre-approved plans with low set costs and shortened timelines, while others specialize in fully custom homes. This vast database, combined with user-friendly navigation, allows homeowners to align rebuilding with their personal needs and the character of their neighborhood.
Among the real estate leaders who conceived of the Builders Alliance in Project Recovery is Brookfield Residential President and Chief Executive Officer
Builders Alliance founding builders include ARCA, Brookfield Residential, Christopherson Builders, Empress Builders, Genesis Builders, Homebound, Metricon Homes, Richmond American Homes, Stonefield Restorations, Thomas James Homes and Woodside Homes. Homeowners who rebuild through the Builders Alliance work directly with the builder they choose. That builder will manage everything from permitting to construction using their teams and trade partners.
The Builders Alliance serves as a trusted and neutral provider of reliable information for homeowners seeking to rebuild, and does not share business interests with any of the participating builders.
The Builders Alliance is a not-for-profit organization formed in response to the
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SOURCE Builders Alliance
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