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Thursday, 21 December 2006

A New Year brings a New Concept in Affordable Housing…

We thought it was worthwhile reminding our readers to keep an eye out in the New Year for the development of the first BoKlok site in the UK which will be located in Gateshead, near to Gateshead International Stadium. It is expected work will start on site in early2007 with the first flats being marketed in Ikea’s Gateshead store in the Autumn on 2007.


The BoKlok housing concept, is a partnership between property company Live
Smart @ Home
and IKEA.

Live Smart @ Home, which is part of leading affordable housing provider, Home,
will be seeking to construct over 90 flats and houses to be marketed under the BoKlok brand.

BoKlok - first pioneered in Scandinavia by furniture giant Ikea and construction
firm Skanska - provides space-saving, functional homes offering good quality at a
price which enables as many people as possible to afford a comfortable home.
The concept is based on customers’ real needs and wishes, a safe environment,
roominess and access to green space.

The state-of-the-art, Scandinavian-style timber framed properties will be primarily
aimed at households earning between £15,000 and £35,000 a year and will be
sold on an outright sale or shared ownership basis.

The BoKlok flats have a flexible open-plan layout, high ceilings and large
windows, giving the apartments a light, airy and contemporary feel.

Ikea and Skanska started BoKlok, pronounced ‘Boo Clook’, in the mid-1990s to
address the need for affordable properties in Sweden and to provide people with
high quality properties at a low price.

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