In the U.K., a prefab bonanza is taking place, and another company has decided to get in on the action.

According to the Telegraph, a Docklands factory will be the first of its kind in London, and will eventually provide 3,000 new modular homes.

As the Daily Business News covered here, the U.K. Government has been focused on prefab housing as a practical way to solve the nations housing crisis. Modular homes can be built in sections and then assembled quickly on site. Currently, around 15,000 new homes are produced this way each year.

Developer First Base has announced that it has brought on the global engineering consultancy firm Aecom to help with plans for modular homes, and the factory would deliver homes up to nine months faster than traditional site built homes in the country.

The company says that their factory is expected to become operational later in the year, producing two-bedroom homes.

The Daily Business News has covered modular and prefab housing in the U.K. extensively, including China National Building Material Company (CNBM), Barcelona Housing Systems and U.K. housing association Your Housing Group (YHG) joining forces to build six prefab factories that will deliver 25,000 energy efficient homes per year by 2022. That story is linked here.

Also active is insurance giant Legal & General, which owns a modular housing factory capable of building 3,000 homes per year in Leeds, U.K., and has been active in the manufactured, modular and prefab industries, including increasing its stake in builder Cavco Industries.

Speaking on the Farmer Report by Cast CEO Mark Farmer in November, which called out modular housing as a solution to the U.K. housing crisis, Paul Stanworth, managing partner at Legal & General, commented on the company’s plans.

“This review sets out a clear way for the construction sector to reinvent itself in order to meet the ever-growing demand for homes and infrastructure,” said Stanworth.

“Legal & General is helping to address this problem by investing in a modern factory to produce homes using manufacturing processes seen in the production of cars and other consumer goods.

This construction method is safe, clean, and fast, providing a high level of consistency and durability. We sincerely hope that Farmer’s review galvanizes the entire sector to invest in innovation and secure its future.”

For more on Legal & General’s plans, click here. ##

 

(Image credits are as shown above.)

 

Submitted by RC Williams to the Daily Business News for MHProNews