THE PERFECT PLACE TO CREATE YOUR DREAM HOME Cllr Ian Corkin Non-Executive Director Graven Hill Village Development Company. Cabinet Member Oxfordshire County Council & Cherwell District Council: Transformation & IMAGINE . CREATE . BUILD . LIVE Partnership Working
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Scope • Case Study: Graven Hill • Case Study: Cope Road • Modular Pros & Cons • Opportunities for Local Authorities IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Graven Hill Bicester: A vibrant new community of Homes & Jobs 1,900 homes Incl. 30% Affordable housing Affordable rented Shared ownership Incl. extra care housing Local shops and facilities Amenity space Commercial development Approx. 93,000 m 2 (1million ft 2 ) Transport Links IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME The Journey So Far… • Company established in 2014 • Phase 1 Land received from MOD in 2015 • Infrastructure delivered • Sales commenced late 2016 • First occupations Summer 2018 • 13% of total units reserved to-date • TV Programme to air Spring 2019 IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Product Mix • Traditional Self & Custom Build • Mix & Match • Tailored Finished: Terraces & Coach Houses • Apartments • Affordable Housing IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Definition • Prefabricated buildings that consist of repeated sections called modules. • "Modular" is a construction method that involves constructing sections away from the building site, then delivering them to the intended site. • Graven Hill promotes this method of construction for its self & custom built homes • Primarily for the speed of construction, reduced health & safety risks and the flexibility/choice/quality provided. IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Modular on Graven Hill • Of the 95 self build plots sold to date approx. 60% of purchasers have gone down the turnkey route, that is using a supplier to delivery a tried and tested house • Of those ~50% are modular construction. • Suppliers on the site include Boutique Modern, Danwood and Beattie Passive. • The main attraction for customers seems to be speed of delivery, cost certainty and the ability to adapt tried and tested models to suit individual lifestyle needs. IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Modular Home IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Cope Road Banbury • Collaboration between CDC & OCC • 28 Units split between 6 houses: • 2 for learning disabilities • 1 for high functioning autism • 1 for support into work (apprenticeships) • 2 for Homeless Pathway • Predominantly en-suite rooms, plus 2 x bedsits • Modular construction delivered by CDC’s Build! team IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Cope Road Banbury IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Cope Road Banbury IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Cope Road Banbury IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Cope Road Banbury IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Modular Pros • Speed of Construction: up to 50% saving • Addresses potential skills shortage • Reduced Health & Safety Risks for Self Build • Flexibility/Choice: Design to a purpose. • Consistent Quality • Waste Reduction • Cost Certainty IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Modular Cons • Perception: Post War Prefab or Prefabulous! • Perception: Poor Design • Infrastructure & Logistics Challenges: • Site access • Vehicle co-ordination • Poor Regional Supply Base • For self/custom build: Mortgage products & “Help to Buy” • Benefits are in repetition IMAGINE . CREATE . BUILD . LIVE
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Opportunity • Modular can deliver a quality product at speed and with cost certainty • Competitive advantage from repetition • Align designs to demographic challenges — i.e Generation Rent • Use scale and pace to facilitate imaginative ownership options • Collaborative working to find sites of opportunity • Regional LA cooperation for design & manufacturing IMAGINE . CREATE . BUILD . LIVE • Joint venture?
THE PERFECT PLACE TO CREATE YOUR DREAM HOME Questions IMAGINE . CREATE . BUILD . LIVE
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