Silicon Valley giant Katerra acquires Vancouver’s Michael Green Architecture
Katerra, a technology company striving to revolutionize the construction industry, and Michael Green Architecture Inc. (MGA), a globally recognized Canadian leader in mass timber architecture, announced a partnership today that underscores a profound evolution in the design and construction industries. The two companies share the same vision for the future in which quality and efficiency align with reducing costs and affordability, from initial design, through the life of the building. This new partnership aims to bring together technology, manufacturing, and design excellence to offer more sustainable, cost effective, and elegant architecture options to North American and global markets.
In becoming a Katerra Company, MGA’s Vancouver-based leadership and team will remain fundamentally unchanged and continue to provide their clients with thoughtful and sustainable solutions of all scales and typologies. With the support of Katerra’s technology expertise and production capability, MGA’s impact will grow through an increased project scope that will offer clientele a broader range of cost and construction options.
“Katerra is thrilled to welcome MGA,” said Michael Marks, chairman and co-founder of Katerra. “Michael Green and his team have built a reputation for engaging design and leadership in the use of mass timber. This goes a long way to support our mission to utilize cutting-edge technology and systems to revolutionize the construction industry.”
“MGA is excited to become a part of the Katerra ecosystem,” said Michael Green, CEO and President of MGA. “MGA and Katerra both aim to provide elegant, sustainable, high-performance, affordable buildings. Katerra’s goal to accomplish this on a large scale aligns with MGA’s long-term ambition. MGA is determined to create a meaningful and lasting legacy for our clients, the planet, and the social well-being of the people living on it.”
MGA is an award-winning, mid-sized architecture firm known worldwide for creating engaging, sustainable and innovative projects. Based in Vancouver, Canada, MGA was founded by Michael Green, a leading expert in tall wood building innovation and carbon-neutral urban building approaches. He has produced groundbreaking publications and delivered the 2013 TED talk, Why We Should Build Wooden Skyscrapers. MGA has received numerous honors including three Governor General’s Medals in Architecture, the highest distinction given to architectural projects in Canada.