The $15 million project, a collaboration between real estate group Palari and construction technology company Mighty Buildings, will transform a five-acre parcel of land in Rancho Mirage into a planned community of 15 3D-printed, eco-friendly homes.

"This will be the first on-the-ground actualization of our vision for the future of housing," Alexey Dubov, Mighty Buildings' co-founder and chief operating officer, said.

3D-Printed houses are faster to build

As part of the project, Mighty Buildings will use its robotics and automation technology to construct the homes. The company uses massive 3D printers the size of small garages located in a large warehouse in Oakland.

According to Mighty Buildings, up to 80 percent of the construction can be automated with 95 percent fewer labor hours and 10 times less waste than conventional construction techniques. This is because the material the company uses hardens almost immediately, allowing a roof, layers of insulation, as well as exterior features such as an overhang, to be added in one go.

Mighty Buildings' co-founder and chief sustainability officer Sam Ruben claims that the company's printers have the capacity to make a 350-square foot home in less than 24 hours. The printers are often set to build a house overnight, while the employees are asleep.

"We are actually limited more by road transport of the buildings than the actual ability to print," Ruben said.