Mike Kirk Live Smart 230507

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BoKlok is smart housing. With housing costs that leaves you money to spend.

Mike Kirk Development Director, Live Smart @ Home

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Vision BoKlok provide better homesto the many people.

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The BoKlok Story

Skanska and IKEA initiated a dialogue in the mid-1990s. Housing construction was at standstill in Sweden but at the same time there was a need for affordable housing. Skanska and IKEA decided to build “good homes for ordinary people” The concept has been extended across Scandinavia and to the UK through Home Group

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Who are the ”ordinary”people?

In the UK there are 2 million working households below age 40 unable to access home ownership

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Who are we building for?

How much do the people who are going to live here afford to pay a month?

What is their idea of a good home?

We chose a different path

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This is our target group

Working people on incomes (£15,000 -£35,000)

First time buyers and including key workers

Increasing number of smaller households

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” to develop and produce a space-saving and functional home

offering good quality at a price which enables as many people as possible to

afford a comfortable home ”

Business concept

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• Influenced by Scandinavian design for open plan living

• Clever use of light and height to give feeling of space

• Functional space with good storage

• Fully fitted with quality items

• Building using modern process’s to achieve speed and efficiency and volumes to cut costs

• Offer a range of tenure options

How do we achieve the Concept?

9Started with apartments to give the feel of living in a house

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BoKlok - 2 storey

In UK lookingat 40-50 homes per hectare

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Large private balconiesCommunal green spaces

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Efficient production system

Factory production to ensure quality

Using standard range of components (Optima panel system)

Initiating ‘supply chain’agreements with suppliers

Use of quality and sustainable materials

NHBC compliant

Delivered using ‘Construction Management’

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St James Village Gateshead first BoKlok scheme in UK start June 2007 – 90 homes

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St James Village Phase 1 - 1 & 2 Bed Flats

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Phase 2 Houses - 2 Bed ‘Compact House’ 61m2

MÖLNA

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2 & 3 Bed Houses @ 71m2 / 81m2

Super insulation and energy efficient

ÅLSTEN & JÄRNBRO

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Rear View of Houses

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Different Cladding Options

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Next Steps

Finalise specification to achieve minimum 3* in “Code for Sustainable Homes

HVN and SDS compliance

Start next projects in Glasgow and Dundee

Marketing Strategy for Councils, Regeneration Agencies, enlightened developers and other RSLs

Develop 3 storey house and 4 storey flats

Move to higher level prefabrication

Bid with Skanska for the English Partnerships “Carbon Challenge” in 2007

Deliver 500 unit target within 3 years

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Marketing of BoKlokapartments will happen at IKEA stores

Will come with interior design assistance…

…and an IKEA £250 voucher

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Big and positive media response

Financial TimesDaily MailEvening StandardGuardian poll

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Customer survey – BoKlok projects 2 years and older

Customers are very happy with their apartments

The apartments are perceived as functional, modern and light

Residents appreciate low living costs, the scale, the feeling of your own house and the neighbourliness.

98 % of the respondents will recommend BoKlok to others

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BoKlok is a success

BoKlok has built over 3500 homes.

In the UK we see it as a

regeneration catalyst and a way of

diversifying tenure as well as

helping first time buyers onto the

property ladder. Our launch in 2006

and our scheme in Gateshead has

shown massive public interest

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Thank you!Mike Kirk Live Smart @ Home

07917 421 757www.boklok.co.uk