THE FUTURE STREET STORY
“The road to success is always under construction” (Lily Tomlin)
Equity and operational debt financing conversations ongoing.
Fully completed an affordable, mid-market investment model.
Development and Operations Directors join the team.
‘Project Drake’ Information Memorandum launched.
‘Project Drake’ pre-app planning process commences.
‘In principle’ funding agreement with Homes England for the first project.
Land deal agreed on the first later living site.
Modular later living design & development team finalised.
First suitable later living site identified.
Gary and Jenny West co-found Future Street and they invest “seed” capital.
Gary West divests his shareholding in Offsite Homes.
Completion of the Build Offsite Property Assurance Scheme (BOPAS) audit for mortgage purposes.
Build stage for the prototype commences in a factory in Hampshire.
Gary West co-founds Offsite Homes (modular manufacturer) and invests “seed” capital.
Gary West undertakes a management consultancy project for eight months at a modular manufacturing company in the North West.
Modular homes were a major factor in addressing the post Second World War housing shortage.
PROUD TO BE SUPPORTED BY THE £3bn HOME BUILDING FUND
The government has pledged £3billion funding through the Homes England Home Building Fund to increase the number of new homes being built, particularly to support small builders & innovative schemes. Homes England is very keen to support schemes that are incorporating accelerated methods of construction i.e. Offsite volumetric modular homes.