Y:Cube – if you’re part of the solution… Simon Tanner: Head of Development; Y:Cube

The need meets the opportunity Let’s step back in time Our need: affordable, good quality move on accommodation Serendipity: RSHP, SIG & the £60k house Inspiration: volumetric off-site construction Opportunity: the creative spark was lit Creativity: coming together of the need and the opportunity - Y:Cube was born

What is Y:Cube? Y:Cube offers Affordable, move-on accommodation for single people High quality design delivered by world renowned architects Sustainable in its design and with a 60 year design life Scalable, able to be replicated in both design and delivery Y:Cube is A YMCA product (LSW own the IP with YMCA England) A YMCA signature project High profile and in demand

What is a Y:Cube?

Why Volumetric building? Speed Five months to build Cost c£50k per cube c15% less waste of materials Labour, process, speed Quality Factory conditions BOPAS Certified Performance Energy and acoustically efficient 60 year design life deployable

Y:Cube – Mitcham 2014 Presentation title

Y:Cube Mitcham Prototype at Wimbledon – design, test, refine Source funding Land acquisition Planning and consultation Commence building – March 2015 Official opening – 8th September 2015 Now at full occupancy

Y:Cube – hope becomes a home

Y:Cube Mitcham: inside & out

Y:Cube Mitcham – in numbers 37 units 26m2 36 for residential use £2.2m total build cost including land 12 year payback c£53k per cube 50:50 nomination rights with Merton Council 65% market rent (£148pw) £10pm to run

The Y:Cube Venture Presentation title 2014

Y:Cube – challenges & drivers The challenge we faced: Take advantage of the interest and momentum we had established from all quarters Share the benefit of our experiences To increase the availability of affordable accommodation, not just in our patch, thereby meeting the Association’s vision and mission Develop a viable, credible business

The Venture: Structure Each supplier has a direct contract with the client; taking responsibility for their specific role YMCA LSW manages the client relationship and oversees delivery of the project Client works through YMCA LSW, but has a direct contractual relationship with all providers Client YMCA LSW Construction Partner Aecom RSHP

Y:Cube – Flexible Potential Presentation title 2014

Potential Enormous potential for Y:Cube - move on; young people; elderly; learning difficulties Provides great quality, affordable and sustainable homes, delivered quickly. Other analogous products now being developed using the same construction methods as Y:Cube: Y:Homes – a two or three bed version, Y:Space – a bespoke community or youth facility

A flexible solution A couple of live examples SW London & central London clients A) Old community centre Shortage of affordable housing Viable solution #1… B) Constrained site – huge need A viable solution #2…

A flexible solution

A flexible solution

A flexible solution

Y:Home (2 bed unit)

Y:Home (alternative 2 bed unit)

Conclusion Presentation title 2014

Summary Y:Cube Momentum Established Demand exists Stakeholder support Viable Business opportunity Credible business partners Robust structure Collateral benefit for YMCA LSW High quality Product