Space Craft
Space Craft is a privately held real estate developer that designs and operates walkable, mass-timber, mixed-use neighborhoods in fast-growing US cities (Charlotte, Raleigh-Durham, Salt Lake City), integrating curated retail, smart-home technology, and a car-optional mobility bundle at select properties.
- Company typePrivate
- Founded-
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2C
- OfferingHardware or Manufacturing
What Space Craft does
Space Craft is a privately held real estate development company that designs, builds, and operates mixed-use, walkable neighborhoods in fast-growing American Sun Belt cities. The company is headquartered in San Francisco with offices in New York City and Charlotte, and its operating geographies span Charlotte (NC), Raleigh-Durham (NC), and Salt Lake City (UT). Its portfolio consists of mass-timber apartment buildings with curated ground-floor retail, totaling 1,184 completed residential units and approximately 36,438 square feet of retail across five Charlotte projects (Joinery Phase 1 and 2, Oxbow, Cordo, and Inkwell), with a pipeline of 2,136 additional units in design (Brickworks in Raleigh-Durham) and development (Project Haven in Salt Lake City).
The company's underlying technology stack centers on mass-timber construction methods, sustainability-integrated design, and smart-home IoT features embedded in each unit. Its flagship product differentiator is the car-optional residential model at Joinery, which integrates shared electric vehicles (Ford F-150 Lightning, Rivian R1S, Chevrolet Bolt, Tesla Model 3 via Envoy Technologies) with housing into a single monthly payment, supported by an in-app mobility platform covering trains, bikes, scooters, and on-demand cars. Construction delivery is concentrated with Swinerton (five projects, including the $111 million Cordo development), and the company has invested in advanced manufacturing R&D via the AMAD workshop with SOM, CEMEX, and Thornton Tomasetti.
Space Craft monetizes through residential sales and leasing, recurring retail tenant leases on ground-floor space, and usage-based car-sharing fees at car-optional properties (starting at $5/hour for additional hours). Its go-to-market combines direct residential leasing to end consumers, enterprise-level capital partner fundraising for project-level development financing, and channel partnerships for mobility (Envoy/Blink Charging). Primary customer segments are urban residents seeking walkable, sustainable lifestyles and local retail tenants seeking curated mixed-use locations; capital partners serve as enterprise counterparties on the development finance side.
Space Craft firmographics
Firmographics- Name
- Space Craft
- Legal name
- Space Craft
- Website
- https://spacecraft.city
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Space Craft is a privately held real estate developer that designs and operates walkable, mass-timber, mixed-use neighborhoods in fast-growing US cities (Charlotte, Raleigh-Durham, Salt Lake City), integrating curated retail, smart-home technology, and a car-optional mobility bundle at select properties.
- Ownership category
- akta.pro rank
Space Craft industry classification
Industry- Product category
- Walkable Multifamily Real Estate Development
- NAICS
- New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Building Construction (23611)
- SIC
- Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)
- akta.pro secondary industry
- Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)
Keywords
Where Space Craft is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Space Craft business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Residential Sales and Leasing: Space Craft designs and builds apartment buildings and sells or rents residences to end consumers. They offer spacious, light-filled homes with smart tech and sustainable design.
- Retail Space Leasing: The retail team curates mixed-use developments with retail tenants, bringing streets to life with local shops and restaurants and public plazas. Each development includes ground-floor retail space.
- Transportation Services (Car-Optional Model): Integration of car-sharing services into residential communities, allowing residents to access shared vehicles without personal car ownership. Additional hours start at $5 per hour, with housing and transportation combined into a single monthly payment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Car-sharing usage at Joinery |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Space Craft product offering
Product offeringCore offering
Space Craft designs, builds, and operates walkable mixed-use neighborhoods in fast-growing American cities. Their portfolio comprises multifamily apartment buildings constructed primarily with mass timber, featuring spacious light-filled units with smart home technology, alongside street-level curated retail space. The company integrates multi-modal mobility options including an EV car-sharing "car-optional" model at select communities, positioning their developments as sustainable, design-forward alternatives to suburban sprawl.
Product overview
Space Craft is a real estate development company that builds walkable neighborhoods in fast-growing American cities. Their portfolio consists of mixed-use residential developments featuring apartments and street-level retail. The product portfolio includes multiple named projects across three markets: Charlotte (Joinery phases 1 & 2, Oxbow, Cordo, Inkwell), Raleigh-Durham (Brickworks), and Salt Lake City (Project Haven). Each development combines residential units with curated retail space, integrating mobility options including car-sharing services. The company positions these as alternatives to suburban sprawl, emphasizing sustainability, walkability, and community-building.
Differentiator
Problem solved
Functional benefit
Products and services
- Joinery (Phase 1) A car-optional residential community in Charlotte's Optimist Park neighborhood featuring 83 residences and 1,941 square feet of street-level retail space, targeted at urban residents seeking walkable, sustainable living.
- Joinery (Phase 2) The second phase of the Joinery development, featuring 360 residences and 17,201 square feet of retail space, currently in construction phase and extending the car-optional residential model in Charlotte.
- Oxbow A residential development with 389 residences and 11,700 square feet of retail space, currently under construction in Charlotte, designed for walkable urban living.
- Cordo A seven-floor mass timber multifamily project with 287 residences and 1,200 square feet of street-level retail, located near Cordelia Park, Optimist Hall, and LYNX Blue Line light rail access in Charlotte. The $111 million project is Swinerton's fifth collaboration with Space Craft.
- Inkwell A residential development with 65 residences and 4,396 square feet of retail space in Charlotte, contributing to Space Craft's walkable neighborhood portfolio.
- Brickworks A large-scale development in the design phase featuring 1,880 residences and 49,500 square feet of retail space in the Raleigh-Durham market, expanding Space Craft's walkable neighborhood model beyond Charlotte.
- Project Haven A residential development with 256 residences and 7,870 square feet of retail space in Salt Lake City, extending Space Craft's walkable neighborhood model to a new metro market.
- Car-Optional Mobility Program (Joinery) Integrated EV car-sharing service at Joinery in Charlotte, operated in partnership with Envoy Technologies, providing residents access to shared electric vehicles (Ford F-150 Lightning, Rivian R1S, Chevrolet Bolts, Tesla Model 3) without personal car ownership. Housing and transportation are bundled into a single monthly payment, with additional usage priced at $5 per hour. The program recorded more than 4,000 car-share trips in 2025.
Quantifiable outcome
- 4,000+ car-share trips at Joinery in 2025
- +1 more outcomes
Companies that use Space Craft
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles3 records
Space Craft technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Space Craft partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, flagship and minor.
- Envoy Technologies Inc. (Blink Charging Co. entity)coreEnvoy Technologies, a Blink Charging Co. entity, provides electric vehicles (Ford F-150 Lightning, Rivian R1S, Chevrolet Bolts, Tesla Model 3) for the car-sharing fleet at Joinery, Space Craft's car-optional residential community in Charlotte. The partnership enables residents to access shared vehicles without personal car ownership, integrating transportation into the monthly housing payment.
- SOM (Skidmore, Owings & Merrill)flagshipSOM, a major architecture and engineering firm, was selected to participate in the inaugural Advanced Manufacturing in Architecture and Design (AMAD) workshop co-hosted by Space/Craft. The partnership focused on developing ORCA, a prototype public furniture piece made from concrete as a self-balancing dynamic form, with a one-week intensive fabrication process.
- CEMEXminorCEMEX co-hosted the Advanced Manufacturing in Architecture and Design (AMAD) workshop with Space/Craft, contributing materials expertise for the concrete prototype development.
- Thornton TomasettiminorThornton Tomasetti participated in the AMAD workshop alongside Space/Craft, SOM, and CEMEX, contributing engineering expertise to the concrete prototype fabrication.
- SwinertonflagshipSwinerton is the construction partner for multiple Space Craft projects including the $111 million Cordo mass timber multifamily development in Charlotte. The partnership represents Swinerton's fifth project with Space Craft, demonstrating a deep operational relationship.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Space Craft competitors and assessment
Company assessmentDirect peers
- Culdesac: Culdesac develops car-free or car-optional, walkable, mixed-use neighborhoods (e.g., Culdesac Tempe) with a sustainability-first ethos. It is the closest conceptual analog to Space Craft's Joinery car-optional community and shared-mobility model.
- LMC (Lennar Multifamily Communities): Lennar's multifamily development arm builds Class A apartments and mixed-use communities across the U.S., including the Carolinas, and shares Space Craft's institutional build-to-rent multifamily DNA. Space Craft's Director of Construction previously served as VP of Development at LMC.
- Wood Partners: Wood Partners is one of the largest U.S. multifamily developers, delivering Class A apartments in high-growth Sun Belt and Western metros—the same geographic and product niche as Space Craft's Charlotte, Raleigh-Durham, and Salt Lake City projects.
- Crescent Communities: Crescent Communities develops multifamily and mixed-use communities across the Southeast U.S., often integrating retail and walkable design. Its product mix and Sun Belt focus overlap directly with Space Craft's Charlotte and Raleigh-Durham portfolio.
- Toll Brothers Apartment Living: The multifamily development arm of Toll Brothers builds Class A rental communities nationwide, including in fast-growing metros. Its scale and urban/suburban infill approach make it a direct comparable for Space Craft's apartment-led, mixed-use product.
- Jamestown: Jamestown is a design-focused, mixed-use real estate investor and developer (e.g., Industry City, Ponce City Market) that combines curated retail with residential and prioritizes sustainability and walkability—closely aligned with Space Craft's mixed-use playbook.
- Property Markets Group: PMG is a Miami/New York-based developer of luxury mixed-use, multifamily, and condo projects with a strong design and urbanism identity. Its mixed-use urban tower and street-level retail strategy parallels Space Craft's neighborhood-scale approach.
Broad incumbents
- Greystar Real Estate Partners: Greystar is the largest U.S. multifamily operator and developer, with broad exposure across rental housing. While far larger and more diversified than Space Craft, it competes for capital, tenants, and development sites in the same walkable urban submarkets.
- The Related Companies: Related is a national mixed-use and affordable housing developer with a sustainability focus (e.g., Hudson Yards, Related Affordable). It competes with Space Craft for walkable, mixed-use urban development opportunities, though at much larger scale.
- AvalonBay Communities: AvalonBay is a large multifamily REIT developing and operating Class A apartments in high-barrier-to-entry coastal and select Sun Belt markets. It overlaps with Space Craft in walkable, transit-adjacent urban infill product, though at vastly greater scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Space Craft social profiles
Digital presenceSpace Craft financial estimates
Financial estimateRevenue estimate
Valuation estimate
Space Craft leadership team
Management profileNumber of profiles
Profiles11 records
Space Craft funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Space Craft M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Space Craft
What does Space Craft do?
Space Craft designs, builds, and operates walkable mixed-use neighborhoods in fast-growing American cities. Their portfolio comprises multifamily apartment buildings constructed primarily with mass timber, featuring spacious light-filled units with smart home technology, alongside street-level curated retail space. The company integrates multi-modal mobility options including an EV car-sharing "car-optional" model at select communities, positioning their developments as sustainable, design-forward alternatives to suburban sprawl.
Is Space Craft a public or private company?
Space Craft is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Space Craft founded?
Space Craft was founded in -1. It employs 11 to 50 people.
Where is Space Craft based?
Space Craft is headquartered in San Francisco, United States, in the North America region.
How does Space Craft make money?
Three revenue lines are on record. Residential Sales and Leasing is the primary driver. The others are retail Space Leasing and transportation Services (Car-Optional Model).
Who are Space Craft's main competitors?
Direct peers on record are Culdesac, LMC (Lennar Multifamily Communities), Wood Partners, Crescent Communities, Toll Brothers Apartment Living, Jamestown and Property Markets Group. Broad incumbents are Greystar Real Estate Partners, The Related Companies and AvalonBay Communities.
Does Space Craft have an API?
No public API is recorded for Space Craft.
What industry is Space Craft in?
Space Craft's product category is Walkable Multifamily Real Estate Development. Its primary akta.pro industry code is IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes), with a secondary code of IMAFABAE, Residential Design-Build & Renovation-Integrated Builders. Its NAICS code is 236116 and its SIC code is 7340.