We are reinventing multi-family housing creation as the world’s first
After 6 years and over $30 million of investment in R&D and prototyping, Blokable is ready to take on the housing crisis. With an estimated 3.5 million new housing units needed in California alone by 2025, the only solution to scale housing is modular development.
When we reach full-scale advanced manufacturing, our next factory is expected to produce enough modular units (Bloks) to build over 2,000 apartments every year with a projected aggregate market value of well over $1 billion. And with our highly scalable manufacturing process and building system, our strategy includes ultimately expanding into a network of factories across the country and around the world.
Housing transforms lives
Housing is a human right and lies at the root of health, wellness, and prosperity. By democratizing the housing development process, Blokable creates new, resilient housing and empowers the next generation of housing developers to create equity at unprecedented scale.
The Gordian Knot
of housing, climate, and public health crises in the U.S. has unlocked once-in-a-generation momentum for infill multi-family development.
- Cities can no longer sprawl endlessly into rural land. New infill multi-family housing creates walkable, energy efficient communities close to transit and jobs.
- The traditional, fragmented housing development model extracts wealth and equity while passing on higher and higher costs to the public.
- Housing creates jobs and wealth that must deliver opportunity for disadvantaged communities.
- Housing affordability and climate resiliency must be addressed together and with the same goals for all communities, regardless of income.
Blokable’s unique business structure
We address the unique inefficiencies inherent to market rate and affordable housing development. By relentlessly using innovation to drive down and guarantee costs, our corporate structure generates maximum long-term wealth for our market rate investors, and immediate equity and opportunity to the underserved on the affordable housing side.