- Real estate development is time consuming process that is not optimized for its efficiency, therefore it provides
Insufficient inventory of affordable housing - High inventory of undeveloped land lots
- Long planning and city approval process increases costs
- No platform for private property owners to have development and renovation processes and bids facilitated for them
- Lengthy city planning process
MARKET:
- Currently there are near 500,000 “land for sale” listings posted worldwide
- There are over 500,000 land lots that are not listed but not yet developed
The platform aims to increase global ECO-FRIENDLY housing inventory:
- facilitate 100 million new housing units construction (condos, apartments & houses) more cost & time efficiently &
- generate over $1 bln in revenue annually from subscriptions & transactions
OUR SOLUTION:
A platform that unites architectural ideas with city owned land and property ready for development
It’s an online marketplace where communities and architectural visionaries meet to co-develop projects.
Let’s make each city in the world a destination!
Let’s add transparency and community participation to city planning!
Let’s take what happens behind closed doors and give power to the crowd – to communities, neighborhoods!
Let’s collectively vote for the vision of each corner of the city that will be developed!
Fostering industry innovation and
advancement of eco-friendly technologies…
Fostering industry innovation:
and advancement of eco-friendly technologies…
We will have a community of pioneers in large objects 3d printing – for housing shells – it will guarantee press and social buzz.
We will also have a very active community of 3d printers for furnishing an fixtures – industrial designers,
and other on-demand home/office product producers.
ACQUISITION STRATEGY:
We will acquire equity in an established and profitable architecture firm or/and real estate development company with great management team and outstanding creative talent to lead some of the projects proposed via platform and manage overall facilitation of land planning and development.
From its cash flow and expansion funds we will fund software development platform and its marketing to all stakeholders.
We invite strategic investors, real estate investor and anyone who is passionate in designing beautiful, eco-friendly sustainable, functional and community-oriented cities.
INVESTOR DECK:
Available upon request to accredited investors. Please request it by filling in this form.
Please specify the project ID: 00029: Architecture firm acquisition: Crowdsourced City Design.
UPCOMING ONLINE EVENTS FOR INVESTORS:
Investor presentation and Q&A are scheduled for January 20, 11am. Contact us to register.
OFFERING SUMMARY:
Class B Non-Voting Common Stock
Summary of Terms of Investment
*Company name: _____(to be disclosed to investors registered with SEARCHCrowdFUND)_____
The following summary (“Summary”) outlines the terms of a proposed investment in ___(acquiring company name)___, a Delaware LLC (the “Company”), by certain investors (the “Investors”). No legally binding obligations between the Company and any Investor will be created until definitive agreements are executed and delivered by the Company and the Investor, which agreements, and the Company’s governance documents, shall control in the event of any inconsistency or conflict with the terms of this Summary.
Target Investment:
This offering is for up to $50,000,000 in total investment.
Minimum Raise:
The minimum total investment for the closing of escrow and the purchase of stock is $200,000 (to fund Search Fund stage 1). After close of the Minimum Raise, the Company intends to close escrow as funds are raised up the Target Investment amount.
Target Closing Date:
The target closing date for this offering is on or before March 30, 2020, unless extended in the Company’s sole discretion.
Investors:
Accredited investors who subscribe to a 506(c) offering.
Instrument:
The investment instrument is Series B Non-Voting Common Stock (the “Shares”).
Stock Price:
$10 per Share.
Number of Shares:
TBD upon LOE signed by acquired company.
Minimum Investment:
$100,000 per Investor (10,000 Shares).
Dividends:
Payable when and if declared by the Board of Directors. Any dividends will be paid on Common Stock in proportion to the aggregate number of Common Stock shares issued and outstanding.
Voting Rights:
The Shares are non-voting except as otherwise required by applicable law.
Liquidation Preference:
In the event of a liquidation, dissolution or winding up of the Company, the holders of the Shares shall be entitled to receive any distributions available to the holders of Common Stock on a pro rata basis to the holders of the shares of Common Stock.
Restriction on Sale:
The Shares are subject to Market Stand-Off provisions and other restrictions on sale.
Reports:
The Company will, for so long as is required under applicable law, file an annual report on Form C-AR within 120 days after the Company’s fiscal year end and post the report on the Company’s website.
