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03/06/2019

Joint venture announced to deliver modular homes

Words: Laura Edgar
Off-site housing construction / Shutterstock_509242891

Places for People has announced a joint venture with off-site construction builder ilke Homes to deliver 750 modular units.

The property management, development and regeneration company will purchase the units from ilke Homes.

Five hundred homes are for sites that Places for People already owns, while 250 units are for new schemes it will partner on to deliver affordable and market-priced housing.

David Cowans, chief executive of Places for People, commented: “This is just the start for off-site manufacturing and as placemakers, we are going to invest even more in modular. We will implement efficient processes and new design techniques which not only raise the bar for the industry – but crucially, give people across the country affordable homes to live in. Our partnership is about pioneering a new way of delivering homes and disrupting the market through making socially responsible decisions and working with best-in-class partners to improve quality, speed up housing delivery and minimise environmental impact.”

Benefits of factory-engineered modules that are assembled on site include:

  • The light gauge steel construction can be clad in traditional brick, making it look like a traditional house.
  • Development time on site is halved so that income can be generated quicker in factories while foundations are dug.

Dave Sheridan, executive chairman at ilke Homes, said: “Ride-hailing apps have replaced standing in the rain to flag taxis, so it makes sense that we embrace the benefits of manufacturing homes in dry factories. A mature OSM market could create an ‘Uber moment’ for construction, speeding up delivery, cutting cost and giving our customers unrivalled choice and quality. Our deal with Places for People will help continue to grow our capacity and is a huge vote of confidence in modular housing and Homes England deserves huge praise for its entrepreneurial approach to accelerating delivery.”

Housing minister Kit Malthouse backed the deal, saying it supports the government's mission “to deliver more, better and faster home construction”.

Image credit | Shutterstock

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