VenHub Global set to expand smart store technology platform into US multifamily residential market
VenHub Global has announced plans for the first deployment of its smart store autonomous retail platform at Penn Lofts, a new 59-unit multifamily development in Bend, Oregon, USA. It says that this represents an important expansion of its technology into the multifamily residential market, where it reports growing demand from developers and property owners seeking new ways to enhance the resident experience and differentiate their communities.
“Multifamily residential communities represent a significant growth opportunity for VenHub, and we are seeing increasing demand from developers and property owners who recognise the value of bringing autonomous retail directly into their communities,” says Shahan Ohanessian, Founder and CEO at VenHub.
“Residents increasingly expect convenience to be built into where they live. Our flexible platform helps owners meet that expectation with a distinctive, highly visible amenity that adds value for residents and helps properties stand out - from smaller communities to larger multifamily developments. Penn Lofts is an ideal first deployment to demonstrate how our technology can be thoughtfully integrated into a community from the beginning.”
2026 RTIH Innovation Awards
Smart store technology will be a key focus area at the 2026 RTIH Innovation Awards.
The awards, which celebrate global retail technology innovation in a fast moving omnichannel world, have now closed for entries. Our winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Wednesday, 4th November.
Check out our 2026 shortlists and finalists here.
We received a record number of entries this year and many fantastic examples of technology excellence driving transformative change across the global retail sector.
Congratulations to all those who made it through the initial submission process! It’s now over to our star studded judging panel who will decide the winners to be announced at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London.
The event will be held on Wednesday, 4th November and consist of a drinks reception, three course meal, awards ceremony presided over by award winning stand-up comedian, presenter, actor and broadcaster, Aurie Styla, and after party until 1am.
Click here to book your place at the 2026 RTIH Innovation Awards Ceremony on Wednesday, 4th November.
