Vertically Integrated
Modular Development
Modular Development
A new paradigm for building equity
Multi-family housing is the real estate asset class of the future
Multi-family is a deep market with favorable growth and forecasted returns relative to other real estate sectors.
Untangling complexity
Housing development is bureaucratic and expensive – especially in markets where demand is highest.
41%
Construction costs are up 41% since 2005 and increasing year over year
38%
The share of cost-burdened California households spending at least 1/3 of income on housing
1.2M
California needs to build 1.2 million more affordable homes by 2030
Democratizing
Development
Development
De-Risking the full spectrum of the housing market
Blokable provides an integrated physical and digital platform to build new housing at a guaranteed cost with certainty from the start – to empower a new generation of developers, to maximize equity creation and to incentivize both private and public investment into housing.
Vertically Integrated Modular process
Blokable streamlines a fragmented, one-off process and compresses it into a single development stack that we control.
Design
1
Site analysis
Site design, massing and hard cost, environmental and civil engineering analysis
Site acquisition
Site is secured with visibility of hard costs right from the start
Pre-development
Project drawings, entitlements, and approvals
Build
2
Final project financing
Blokable guarantees the cost and schedule removing risk from the development
Building production
Buildings assembled in factory using Blokable’s Industrialized Construction process
Site work
Civil, foundations, utilities, and project finishes completed by a Blokable approved GC
Own
3
Market rate rentals
- Owned by Blokable
- Rental income reduces subsequent development costs
Not for profit
- Affordable to rent
- Operated by Not for Profit partners
Underserved communities
Affordable to own
Core Services
Vertically integrated modular can be activated directly, or through a developer network
Direct VIM development
Blokable develops market rate and not for profit multi-family housing, guaranteeing the build cost and schedule to our partners. As we continually perfect our building system, we create a virtuous cycle that further lowers our development and long-term operating costs, creating equity and wealth for market rate, and lower subsidy for not-for-profit projects.
Developer Network
Traditional development is fraught with risk and is a game played by those with connections and money. Blokable’s VIM model removes risk, creating a path for a new generation of Apprentice and Professional Developers to bring new market rate and not for profit housing to the community. Blokable guarantees the build and handles all aspects of design, engineering, industrialized construction, site work, and completion. For established Professional Developers, the Developer Network provides the platform to simplify development of garden apartments & walkups, 5 story ground up, and 5 story over parking or retail.
For Apprentice Developers, the Developer Network is a path to building 4, 6, and 8 plex housing in the community and a career as a Professional Developer, building housing and wealth in the community.
We want to drastically reduce the public subsidy required to develop and own affordable housing and empower people at a wide variety of income levels to own their homes.
We want to drastically reduce the public subsidy required to develop and own affordable housing and empower people at a wide variety of income levels to own their homes.
Conventional vs. VIM Development
Optimized for efficiency and real estate equity creation for our investors.
Drastically reduced onsite work – reduced exposure to seasonality and material supply constraints
Drastically reduced onsite work – reduced exposure to seasonality and material supply constraints
Integrated BIM and ERP systems simplify planning and product high confidence build specifications,
costs, and schedules.
As a developer…
Blokable guarantees the build cost and controls the entire process.
Centralized planning, development, and construction
Repeatable, standardized designs and floor plans simplify planning
Centralized planning, development, and construction
Repeatable, standardized designs and floor plans simplify planning
Clear construction plans, drawings, and specifications reduce uncertainty
Pre-approved library of 3D components in design
Simplified quality control and reduced punch list items and RFI
Pre-approved library of 3D components in design
Simplified quality control and reduced punch list items and RFI
