The Swedish furniture phenomenon that has swept the nation. Ikea plans to build homes in the UK after an agreement between a local Southern council and BoKlok, a construction company dually owned by Ikea and Skanska.
This factory-based modular home scheme is run by BoKlok and uniquely calculates the price of the homes after considering the overall cost of living. BoKlok has already built 11,000 homes in Sweden, Finland and Norway.
This structure was first implemented by BoKlok in 2007, in Tyneside , and is now a trend that is expanding across the UK.
Straying from Ikea’s flat-pack DIY culture, this scheme is projected as a high-quality service, providing sustainable, comfortable homes at an affordable price. The company said: "It is about a high-quality off-site manufacturing process that allows us to assemble them quickly in a safe and sustainable environment, which we know that both employees and customers appreciate."
Worthing Council's executive member for regeneration, Councillor Kevin Jenkins, said: "In this current market, it's extremely tough for local people who are in full-time work to get on the housing market. This proposal could change that, giving these hard-working individuals a genuine chance to buy their own home without having to move out of the town."
The plan states that the council would first receive the homes, lease the land for 25 years and receive ground rent, which should be about 4% on the value of the land - as opposed to selling land to the developer as per the standard procedure.
A total of 13 homes would be produced under standard procedure however, the council says this modular proposal would produce 45 homes overall.
If the agreement is finalized, construction could start next September, with the homes planned, constructed and set into foundations by January 2021.