Ladacor Completes Shipping Container-Based Four-Story Modular Studio 6 Hotel

CALGARY, Dec. 2, 2016 - Ladacor today announced the official opening of the Studio 6 Extended Stay Hotel in Bruderheim, Alberta following construction utilizing Ladacor's Advanced Modular System™ building technology, making it one of the largest and tallest shipping container-based modular hotels in North America.

Ladacor's AMS™ technology repurposes surplus shipping containers into highly engineered, durable, non-combustible, code compliant modular units that meet CSA A277 standards. "We are very proud to be selected to participate in this project as module supplier and general contractor", said Rhys Kane, Ladacor Director of Business Development, "we have incorporated a very high degree of modularization to make the project more efficient, including full four-story height modular elevators and stairwells and a modular roof."

Boris Javorski, partner in the hotel ownership, commented, "The Ladacor modular building technology offered a durable steel building with a fast-track construction schedule at a competitive turn-key price. The end product is of excellent quality and the building is indistinguishable from conventional construction." Javorski went on to comment that, "Hotel developers are searching for ways to increase rates of return, and the expedited schedule of the Ladacor construction technique makes this an attractive option. It's incredible that repurposed shipping containers can be remodeled in such a way to meet stringent hotel design brand standards. It's a testament to the ingenuity of the Ladacor technology."

The Mayor of Bruderheim, Karl Hauch, added, "We are very happy to welcome the Studio 6 hotel to our community. Ladacor has worked closely with the Town to deliver an outstanding project with limited disruption due to their innovative modular construction technique."

The new hotel offers 63-rooms all with kitchenettes, a lounge area, fitness room and large meeting room.

Ladacor are currently working on a seniors housing complex in Northern Alberta, an affordable housing rental building in Edmonton, along with other multi-family housing, first-nations housing and other motels and hotels.

About Ladacor

Ladacor is a Calgary, AB based division of a privately held Canadian corporation, a leading turn-key design-builder of permanent modular buildings.

Ladacor has developed proprietary technology and specialty expertise in the utilization of surplus sea shipping containers for innovative modular buildings. The Advanced Modular System™ has been developed as a durable, non-combustible, CSA A277 approved, mold resistant, reusable and re-locatable, environmentally sustainable solution. Advanced Modular System™ units are customizable and configured to clients' unique requirements and application, easily deployable and erected in the field leading to cost and schedule savings and consistent shop manufactured quality.

Ladacor has the ability to offer a full turn-key project – from concept development to engineering design to module fabrication to site construction – or any scope of work in between.

SOURCE Ladacor Ltd.

CONTACT: Please visit www.ladacor.com for more information.

Web Site: www.ladacor.com

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