December 8, 2016 / Company Announcements
An Ecoark Holdings, Inc. portfolio company, Eco3d utilized 3d laser scanning to efficiently measure an old church in Scottsdale, AZ that will be converted into commercial office, retail, and restaurant space
Rogers, AR (December 8, 2016) – Eco3d, a portfolio company of Ecoark Holdings, Inc. (OTCQB: EARK) that measures existing topographic, structural, mechanical, and architectural conditions using a variety of instruments in 2d and 3d, announced today that is has been selected by Structured Real Estate Partners to provide 2d and 3d deliverables as solutions for the adaptive reuse renovation of a church in Scottsdale, AZ. The structure, called Meetinghouse at 3080, will be converted into commercial office and retail space.
The church, located in the heart of Old Town, features high ceilings, exposed wood beams, stained glass windows, and the potential for a mezzanine. Eco3d virtualized the physical environment of the entire interior of the structure by digitally documenting it in 3d, with the measurements provided to Structured Real Estate in a point cloud deliverable that can be updated at any time. Eco3d was able to accurately capture measurements of the entire church interior, a crucial factor of the building conversion due to the unique shape and construction of many of the rooms, eliminating costly human error and inefficiencies that exist with traditional surveying methods.
“We are proud to be selected by Structured Real Estate to work on this truly unique, adaptive reuse project. Churches often have some of the most intricate designs so manual surveying can be quite difficult and often leads to backtracking later in the project to fix mistakes,” said Jim Kennelly, Project Manager, Eco3d. “Our capabilities at Eco3d enable us to eliminate these inefficiencies and provide a more comprehensive measurement of the structure, in less time, allowing developers to use their precious resources in other areas. We are pleased with the results and to once again complete a great project within our home state of Arizona, and look forward to seeing Meetinghouse at 3080 once completed.”
Eco3d’s laser scanning technology provided a significant reduction in hours compared to the time it would take to manually measure a building of this size and shape. The 3d scan enabled Structured Real Estate to see parts of the building that were difficult to measure with the human eye, enabling developers to address those areas immediately rather than incurring additional time and cost further into the project.
“At Structured Real Estate one of our key product focuses is adaptive reuse, where it is critical for us to have a complete understanding and accurate representation of our building’s existing conditions. Eco3d’s laser scanning technology allows us to gain that understanding in record time by replacing days of field measuring and dozens of visits to the site with the convenience of flying through the point cloud model at our office,” said Conor Keilty, Development Manager, Structured Real Estate. “We initially started taking measurements ourselves and quickly realized we weren’t getting the accuracy we wanted. The laser scan allowed us to uncover details and conditions that would have gone un-noticed until construction, enabling coordination and resolution of conflicts before they ever occurred.”
“This work is another terrific example of the industry-leading capabilities of Eco3d and their ability to efficiently and comprehensively handle projects of any kind,” said Randy May, CEO, Ecoark Holdings, Inc. “We are proud of the work of Jim Kennelly, Project Manager, and the entire Eco3d team as they remain at the forefront of their industry and bring terrific value to our company.”
Eco3d is the largest stand-alone service provider of its kind in the country, with expertise in seven vertical markets, with rapid growth, nationally and internationally, in 2d and 3d documentation. Eco3d works on custom projects integrating the latest technologies in industries including: construction, process plants, healthcare, retail, real estate, civil, and forensic investigation.
The company measures existing topographic, structural, mechanical, and architectural conditions using a variety of instruments, and then creates highly accurate computerized documentation of these conditions in 2d and 3d replications. This information is used for renovation, construction, and documentation to save money and assist in risk mitigation.
About Ecoark Holdings Inc.
Based in Rogers AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s portfolio of technology solutions increase operational visibility and improve organizational transparency for a wide range of corporate clients.
Ecoark’s technologies fight waste in Operations, Logistics, and Supply Chains across the evolving global economy. Ecoark’s portfolio of companies and technologies work to integrate people, processes, and data in order to overcome ingrained operational hurdles and create new revenue streams.
Ecoark’s vision is to expose the cycles of waste that reduce efficiency and cost effectiveness across the business landscape. Ecoark’s strategically acquired subsidiaries have anticipated and responded to key economic factors impacting every business today.
Ecoark addresses these vital economic factors through four active subsidiaries, Zest Labs, Eco3d, Pioneer Products, and Magnolia Solar. For more information, please visit www.ecoark.com.
Forward Looking Statement:
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Brad Hoagland, CFA
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