VenHub Deploys First Autonomous Smart Store at Bend Residential Complex
VenHub Global, Inc. announced plans on October 8, 2026, to launch its first autonomous retail platform at Penn Lofts, a 59-unit multifamily residential development under construction in Bend, Oregon, according to a corporate press release.
The installation marks VenHub’s formal entry into the multifamily residential market, aiming to provide on-site access to everyday products and essentials without requiring residents to travel to traditional brick-and-mortar stores. Development teams worked alongside VenHub during the planning stages to embed the retail unit directly into the property layout.
Integration and Deployment at Penn Lofts in Bend
The autonomous Smart Store functions as a core resident amenity rather than an afterthought, allowing the unit to fit directly into the modern residential community layout in Bend. VenHub and the Penn Lofts development team collaborated during initial planning to select a precise location and configuration that remains easily accessible to residents.
The hardware utilizes VenHub’s automated retail technology to provide 24/7 service in locations where staffed retail operations might not be feasible.
VenHub targets residential communities for long-term growth
VenHub Founder and CEO Shahan Ohanessian stated that residential communities represent a significant long-term growth opportunity as developers and property owners increasingly seek automated retail amenities to attract tenants. According to the company’s announcement, automated retail systems add a distinctive, highly visible feature that supports resident retention and leasing marketing efforts.
The company intends to treat the Penn Lofts project as a test case for future multi-family rollouts. VenHub offers various configurations of its Smart Store format, deploying smaller footprints for properties like Penn Lofts and full-size stores for higher-density residential developments.
When was the VenHub Smart Store announced?
When was the VenHub Smart Store deployment at Penn Lofts announced?
VenHub Global, Inc. announced the deployment plans on October 8, 2026, according to a press release distributed via GlobeNewswire.
How many units are in the Penn Lofts residential complex?
Penn Lofts is a 59-unit multifamily residential development currently under construction in Bend, Oregon.
Who leads VenHub Global, Inc.?
Shahan Ohanessian serves as the Founder and CEO of VenHub.
Related reading