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Ikea for Homebuilding? Revolution Precrafted Eyes Unicorn Status

May 20th, 2017 Comments off
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Credit: Revolution Precrafted Homes.

For Robbie Antonio of Revolution Precrafted Homes, it’s all about unicorns.

Unicorns, as in startup companies that are valued at $1 billion. What’s his plan?

To be the Ikea of homebuilding, delivering prefabs, created by world-renowned architects at affordable prices.

We try to really be a plug-and-play [real-estate] company that saves people a lot of time and brain power,” said Antonio.

I [also] want to make design accessible to everyone, not just the wealthy. Zara was built on the idea that luxury design should be available to everyone, as was Ikea. Revolution Precrafted is the platform for this vision—in property.”

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Robbie Antonio. Credit: Design Bloom & Revolution Pre-crafted Properties.

According to the Inquirer, Antonio’s vision for Revolution has led to five development projects for up to 5,000 homes, and venture capital and investment firms including 500 Startups, which provided the company’s first round of funding.

Indonesia-based Bakrie Global Ventura has also committed in a major way, by signing a $1.1-billion joint venture agreement with Revolution during the recent Asean Summit.

500 Startups is always looking for large industries whose value chains are fundamentally disrupted by a new business model, but it’s not always easy to find. Revolution represented the best of all of it; the property construction industry is as big as it gets, and their disruptive business model is real,” said 500 Startups managing partner Khailee Ng.

Revolution Precrafted is following in the footsteps of “disruptors” such as Uber and AirBnB, delivering quality and value with speed.

There’s a plethora of developers all over the world and they do the same thing: They buy land, they build, they have different products. But I thought, if I’m going to create a different business line, it’s going to have to be extremely differentiated,” says Antonio.

I started looking at companies like AirBnB and Uber, and what they had in common was, No. 1, they’re global companies, they’re not pigeonholed into one region or country; No. 2, they don’t have any inventory. And they obviously use technology to disrupt.”

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Eric Trump sits on the Revolution Precrafted Board of Directors. Credit: MHLivingNews.

Antonio has doubled down on that philosophy, working exclusively with some of the world’s best architects such as Zaha Hadid, Christian de Portzamparc, Paulo Mendes de Rocha and Jean Nouvel. He has also added celebrity designers Tom Dixon, Lenny Kravitz and Daphne Guinness as part of the company’s portfolio.

We own intellectual property, and that happens to be the world’s best architects with global exclusive licenses. Meaning you cannot hire Lenny Kravitz to do a house for you unless you go through Revolution,” said Antonio. “The only other option is, you can do a customized house, which will cost you millions of dollars.”

Antonio shared that Revolution’s homes start at $30,000, and can be constructed in around three to six months. Condos and hotels can be finished in around six months to a year.

I like this business because no one else is doing it. There’s no other branded housing developer in the world, prefab or not. Towers, I’ve done that. But for homes, no one has done that,” says Antonio.

For all of his success, Antonio says that the best part of Revolution is Filipino pride.

We’re a Philippine company with global ambitions—and we’re proud to be domiciled here,” he says.

For more on Revolution Precrafted Homes, click here. ##

 

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

 

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RC Williams, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

 

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Ikea Style “Flat-Pack” Homes – the Answer to Australia’s Housing Shortage?

October 4th, 2016 Comments off
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Inside of a Big World Home. Credit: Big World Homes

Sydney architect Alex Symes believes that he has the answer to combat Australia’s housing shortage and sustainability and housing shortage issues.

Symes, founder of Big World Homes, describes his concept as IKEA on steroids. He says that a drill, hammer and wrench are all that’s needed to put together the 37 panels that make up the 13.75 square meter (148 square foot) home. It arrives on the back of a trailer.

The tiny home phenomenon will be familiar to Daily Business News and MHProNews readers as well as our coverage of the future of Hybrid Pre-Fab homes.

It has all its water tanks; we have two potable water tanks, we’ve got one grey water tank, so all the waste water effectively comes to the grey water tank, you add an additive to it and then effectively that’s safe to go on your garden,” said Symes.

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Big World Homes Founder Alex Symes. Credit: Big World Homes

We’ve got the gas cylinders for cooking and also for hot water heating, [and] we’ve got batteries at the back — they’re linked to the solar PV and that’s effectively what runs all your lights.

ABC Australia says that Australians live in the biggest homes in the world, “averaging 89 square meters” (sic) (957 square feet). and owning a home is becoming increasingly unaffordable for many Australians.  While other sources assert that the land down under do have larger homes than those in the number 2 nation – the United States – ABC Australia‘s published statistic is an error, clarified by the chart below. The average size house in the U.S. and Australia are both over 2,000 square feet.

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The Big World Homes flat-pack home design costs AU$65,000 ($49,875 USD) and includes everything needed to build and operate the home. The only thing missing is the land to build the homes on.

We actually need to be able to curate land, big blocks of land, say brownfield sites or other pieces of open land in which we can host these big world communities,” said architect Tim Horton.

These pop-up communities where people who want to, say, spend a couple of years saving for a deposit or have a more flexible approach to their housing lifestyle can live on site on these curated communities.

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A flat-pack home. Credit: ABC Australia

Horton told ABC Australia that tiny homes are a part of a worldwide movement and China is already printing 3D homes.

This is happening around the world. WikiHouse chapters occur in every state of Australia. Big in the U.S. Big in the UK,” he said.

Big World Homes in some ways is Australia’s answer to this — a home-grown version.” ##

(Image credts are as shown.)

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

 

 

 

 

Modular House Available from Ikea

July 30th, 2015 Comments off

Ikea_2_modular_houseAlthough not all of their merchandise can be ordered online, Swedish furniture manufacturer Ikea has developed an entire modular house they will build and flat-pack ship to you for only $86,000. In conjunction Ikea house Aktiv--with architecture by IdeaBox, less than dramatic would define this clean-lined abode.

The 745 square-foot home, the Aktiv, features an open living/dining/kitchen area, a single bedroom and a bath, according to what dornob tells MHPronews. The home is finished with Ikea’s signature wardrobe, cabinetry and flooring, and an array of colors is available for the interior. ##

(Photo/image credit: dornob)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Sunday Morning News Re-Cap March 22 to March 28, 2015

March 29th, 2015 Comments off

Sunday_morning_recapThe Tunica Manufactured Housing Show in Mississippi shared the spotlight this week with the House Financial Services Committee passing the Preserving Access to Manufactured Housing Act out of committee and headed to the House floor for a vote. Additionally, IKEA prepares to ship 10,000 durable modular shelters to Iraqi homeless and questions remain about advancing interest rates and their affect on the overall housing market. MHARR questions rule-making by the U. S. Department of Energy, and demand rises for manufactured home communities.

Following are the stories we covered:

Monday, March 23

Manufactured Home Communities Top the REIT Charts

Housing Finance Reform Bill Balances Public vs Private

MHCV Gains, Tracked Stocks Close Mixed, Deer Valley Plummets

Tuesday, March 24

From Hollywood to Manufactured Housing Professional Growth, Profit

MHCV Advances to 650.5; Investors Heading to Europe, Dropping Dow

Wednesday, March 25

MHARR Questions Energy Department rules Governing Manufactured Housing

Passages: LaDonna Smith

Demand, Sales Rise for Manufactured Home Communities

Economy Fears Drive Down Tracked Manufactured Home Stocks, MHCV

Modular Classrooms will Accommodate Growing Enrollment

Thursday, March 26

Could the Housing Bubble Burst Again?

City is Developing Manufactured Home Community Co-op

New and Existing Home Sales Rise; Housing Starts Plunge

MHCV, many Manufactured Housing Stocks Slip; Analysts Predict Further Falls

IKEA Develops Modular Refugee Shelter

Rep. Hensarling Notes Bipartisan Support for American Dream, Fighting Terrorism

Friday March 27

Skyline Corp. Secures Line of Credit

Australian Builders Encouraged to Study Modular Techniques

H.R. 650 Passes out of House Financial Services Committee

RV/MH Foundation Issues Challenge for Debt Elimination Campaign

MHCV Out Performs the Dow, as Fed Head Yellen Notes Economy Slowdown

Operation Choke Point Examined by Subcommittee

Saturday, March 28

Will Higher Interest Rates Affect the Housing Market?

2015 Tunica Manufactured Housing Show Flash Report

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(Image credit: MHProNews)

matthew-silver-daily-business-news-mhpronews-com   Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

IKEA Develops Modular Refugee Shelter

March 26th, 2015 Comments off

ikea__better_refugee_shelter__better_shelter_creditMade to be assembled similarly to their furniture, IKEA has designed a modular flat pack refugee shelter that can be assembled by four people within eight hours, and the United Nations High Commissioner for Refugees is ordering 10,000 of them. Some of the first units will go to Iraq to house the 2.5 million persons displaced over the past year, as gizmodo informs MHProNews.

The IKEA Foundation, the company’s division devoted to social issues, spent years developing a prototype to replace the UN-provided tents that do not protect from the heat or cold, nor provide any sense of privacy. Better Shelter, as the modular unit is called, arrives in two cardboard boxes with assembly tools, features a locking door, windows and ventilation, and photovoltaic cells to provide electricity.

Each of the strong, lightweight steel-framed shelters has 366 square feet with full standing height. The units are built to last three years, and contain user-friendly, word-free image instructions on how to assemble them. ##

(Image credit: Better Shelter)

matthew-silver-daily-business-news-mhpronews-com   Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

Non-profits Team with United Nations to Produce Modular Shelters

July 2nd, 2013 1 comment

The Ikea Foundation, the Refugee Housing Unit (RHU) from Sweden and the United Nations High Commissioner for Refugees (UNHCR) have pooled resources to develop a modular dwelling to house refugees and other displaced persons. The 55 square-foot unit has a steel skeleton with lightweight but durable plastic panels for the ceiling and sides. Unlike tents often used in refugee camps which last about six months, this shelter is made to last up to three years. Like an Ikea product, it is functional, easy to transport and assemble and has a photovoltaic system for electricity and light. Currently priced at $10,000 each, the goal is to reduce the price substantially once the final design is mass produced, so eco-business.com informs MHProNews. A field test is presently being conducted with the Somali refugees in Ethiopia, allowing the UNHCR partner organizations to make adjustments on the design of the shelter. “Just as Ikea looks for innovative ways to create a better everyday home life for many people, the Ikea Foundation is looking for ways to create a better everyday life for poor families who have lost their homes and everything familiar to them,” said Per Heggenes, Ikea Foundation chief executive officer.

(Image credit: eco-business.com–Ikea modular for housing refugees)

Finnish Collaboration to Build Affordable Modular Housing

November 21st, 2012 Comments off

GlobeNewsWire reports from Finland, Stora Enso and Skanska are collaborating to build a moderately priced modular housing project comprised of 36 BoKlok apartments in seven multi-story buildings. Skanska and IKEA developed the BoKlok concept in the mid-1990s, and 5,000 homes have been sold in Sweden. Stora Enso’s Hartola production unit will provide the modules for the structures, set to be ready for occupancy in eight months at Kivisto in Vantaa, Finland. Skanska’s Project Development Manager Riku Patokoski says, “The idea of the BoKlok concept is to create better housing that combines good quality and design with easy reproduction and moderate living costs.” As MHProNews has learned, Stora Anso acquired the Hartola module production unit last summer, and has been producing modules based on structural cross-laminated lumber.

(Photo credit: Regina Leader Post/Troy Fleece)

Ikea Selling Flat-Pack DIY Homes

March 19th, 2012 Comments off

CTVBC in Canada reports Ikea is producing a flat-packed do-it-yourself modular home for sale in the U.S. furnished with their signature cabinetry, flooring and wardrobes as well as Energy Star appliances. Priced at $86,500, the 745 square-foot space-saving home, the Aktiv, has an open living/dining/kitchen area, a single bedroom and a bath with dual-flush toilet. The home was featured earlier this month at Oregon’s Home and Garden Expo. An earlier story we published in MHProNews.com March 2, 2012 dealt more with the home’s builder, Ideabox.

Image credit: Ideabox)

 

Factory-built Homes Outfitted with IKEA Interiors

March 2nd, 2012 1 comment

ClosetsDaily tells MHProNews.com Salem, Oregon modular home builder Ideabox offers factory-built homes designed to incorporate IKEA interiors. Working with an IKEA dealer in Portland, OR, co-owner Cindy Russell says, “We design the layout and our clients can select the colors. Homes are complete when they leave the factory, ready to hook up.” The 745 square foot aktiv model features the Swedish-inspired kitchen cabinets with matching facings for the appliances in a Shaker design. The bathroom has a double sink vanity with drawers and a storage cabinet, and the bedroom incorporates IKEA’s built-in closet system. Ideabox designs each home according to a core grid, and local contractors install the enclosed settings. Bamboo flooring is available in some of the company’s models.

(Photo credit: Ideabox/ClosetsDaily)

Architect Develops Modular House with Ideas from Small Car

September 23rd, 2011 Comments off

Humans Invent reports that architect David Morton, of the UK, took his inspiration for building modular housing from his love of the Mini Cooper automobile, which was originally built in response to the Suez Oil Crisis of 1956, and the subsequent oil shortage. His BoKlok UK modular houses respond to a similar need for simplicity and efficiency in two distinct ways. Observing the firewall under the hood of the Mini with all the wires in one place, he made a service wall headquarters at one end of the modular house for all the gas, electricity, and plumbing connections and fittings from each room, allowing for ease of repair. Secondly, the structure is held together with a series of latches that does not allow for error, much like the way a car’s hood closes. Says Morton, “It’s like closing a bonnet, you can’t close a bonnet wrong. When you sit the wall down now, you can’t put it in wrong.” The king of flatpack, IKEA, has partnered with BoKlok’s owner Skanska and has sold 5,000 of the houses across Europe. The houses will also be part of the Olympic housing in London. Now a senior lecturer at Northumbria University, Morton says, “Working with your hands, building things – architecture is a bigger version of it.”

(photo credit: Humans Invent)