Land Betterment Corporation's Announces Site Selection of First Residential Housing Communities

Company is transforming former coal mining sites into sustainable housing communities
May 26, 2020 12:25 PM ET
Campaign: ekō Solutions

Land Betterment news

FISHERS, Ind., May 26, 2020 /3BL Media / - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining and industrial sites to create sustainable community development and job creation, is proud to announce the site selections for its first two residential housing communities in eastern Kentucky.  The Company’s sustainable housing division, ekō, is an ecological development company using innovative solutions to upcycle land and material for the community through affordable, modern, energy efficient, container-based, modular housing villages.

Land Betterment has chosen two sites in eastern Kentucky for the location of its first two ekō villages.  The first site, The Village of Pike, is located in Pike County, Kentucky approximately eight miles from the town of Pikeville.  The Village of Pike will consist of approximately 21 sustainable homes manufactured from upcycled shipping containers.  The second site location is in Perry County, Kentucky approximately 7 miles from the town of Hazard.  Named the Village of Perry, it will consist of approximately 70 sustainable homes.  

Mark Jensen, Executive Chairman of Land Betterment Corporation commented, “We’re are really excited to bring a much more efficient housing option to the Appalachia region.  As a solution-based company, our ekō villages are bringing real sustainable, environmental and social solutions to a region in need.  The sites we have selected are former industrial sites once utilized by the coal industry.  They are safe, flat, spacious, and well located.  Additionally, our ekō homes use recycled steel shipping containers which will provide local residents with an affordable housing option that is strong, energy efficient and weather, insect and rodent resistant.  They offer modern amenities and will provide residents their own personal and safe living spaces.”

Land Betterment is proud to have its first ekō sites selected.  The Company is also currently working on additional site locations and looking forward to bringing its modern, ecological and sustainable housing option to other nearby communities.

About Land Betterment Corporation

Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, is an environmental solutions company focused on fostering a positive impact through upcycling former coal mining sites to create sustainable community development and job creation.  The Company utilizes a complete solution-based lifecycle program to restore and rehabilitate the environment and revitalize communities in need of change and opportunity. Land Betterment accomplishes this by identifying un-reclaimed, run-down and neglected coal mining sites, fixing the environment through reclamation and remediation, and then repurposing the land to support a sustainable business that serves the community.  Land Betterment firmly believes that with real solutions it is possible for restoration of impacted areas to live side-by-side long term employment, while building sustainable and safe surroundings for communities and our planet.  For more information visit landbetterment.com or connect with the Company on FacebookTwitter, and LinkedIn.

Special Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements.  These statements are subject to a number of risks and uncertainties, many of which are beyond Land Betterment Corporation’s control.  The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.  Any forward-looking statements included in this press release are made only as of the date of this release.  The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances.  The Company cannot assure you that the projected results or events will be achieved.

Company Contact:
Mark LaVerghetta
317.537.0492 ext. 0
Chief Governance Officer, Corporate Finance
info@landbetterment.com