SBtR – The latest Build-to-Rent model for suburban living
Two-thirds of the population of England and Wales (c.16.3 million households) live in suburban locations, and 53% of the private rented sector (c.2.3 million households), represents households living within a suburban setting. However, the institutionally backed Build-to-Rent sector is 90% focused on dense urban centres, leaving the greatest share of the market as a significant growth opportunity. The Suburban Build-to-Rent format could therefore become an even greater disruptor to the residential rental market in the UK than its urban counterpart has been. In this insight paper, Director Michael Swiszczowski and Architect Catalina Ionita look at the potential benefits to developers, investors, operators and residents of the Suburban Build-to-Rent format and what a successful and sustainable development should include
The need for Suburban Build-to-Rent
We live in a challenging time where working practices and the demands of life are rapidly changing, even more so now because of the COVID-19 pandemic. For the last 18 months, we have noticed a significant shift in the number of people searching for homes outside of the city, or with access to more green space nearby. Furthermore, with the UK population expected to pass 70 million within the next decade, our inability to meet the government’s annual housing supply target of 300,000 per year highlights an urgent need to address the objectives and approaches of the supply crisis solutions currently being explored and their appropriateness for people and their current needs.
The astonishingly high house prices in many towns and cities continue to make home ownership challenging for most middle-income earners, with the number of renters in the 35-64 age group having grown by 95% over the last 10 years. It is time to start thinking about how suburban, low-to-mid-rise Build-to-Rent (BtR) developments could provide an alternative living option for middle-income families.
Chapman Taylor believes that the Suburban Build-to-Rent (SBtR) format could play a key role in addressing this structural shortage, responding to a growing demand for a different style of rental experience that is not solely focused on urban living. This model could prove more appealing to couples and families who want to live further out of the city, with access to more space and amenities while still having a sense of their own private space. It could also mark an organic transition towards a more inter-generational living model which can highlight significant benefits when it comes to new work-from-home trends (i.e., nearby grandparents can support with childcare while parents work). This would simultaneously make the Build-to-Rent product accessible to a much wider demographic and more responsive to the current housing crisis by offering a more diverse rental portfolio that suits a larger variety of needs.
What are the pros and cons of SBtR?
Two-thirds of households across England and Wales (approx. 16.3 million) live in suburban areas. When looking specifically at the private rented sector (PRS), Savills estimate that over 53% (approx. 2.3 million households) live in suburban areas, although the newer developments tend to favour the high-density markets.[1]
As people start reassessing their priorities, post-pandemic, space, the cost of living, commuting and the use of time have gained a lot of attention. We already know that BtR has been a successful, resilient model catering for professionals and young families which had coped very well in the current crisis (robust rental collection and occupancy rates, long-term rental agreements, access to amenity space, etc). However, it has been struggling to properly tap into the larger demographic of the PRS market (currently made up of 1/2 suburban locations).[2] SBtR will likely see a rise in single-family homes, which could potentially attract larger families in search of additional space, both indoors and out. [3] While the SBtR model typically tends to have less turnover, the operational costs are also lower, as tenants are more likely to stay longer than those in urban settings (approx. 3-5 years length of tenancy). Furthermore, suburban rentals tend to have higher occupancy rates, one statistic showing up to 97% occupancy. This can prove to be an attractive point to investors.
When we spoke at the recent Bisnow BtR Conference, we talked about the natural evolution of the resident of tomorrow, ‘Generation Rent’ as they are often referred to. Five years ago, the BtR market’s target demographic focused on 25–35-year-olds, however, what we see now is that as these people mature (alongside a more established BtR market in the UK), they will naturally seek to gain access to more family-orientated provisions such as shared gardens, allotments, playgrounds, exercise areas and community centres. We can therefore start thinking about future trends and what replaces traditional equity gained by owning a home? More interestingly, if people who have rented their entire lives retire, how do they invest? In our attempt to understand our Generation Rent customers, we believe they want to be flexible, and light footed, that they want to have the freedom to take a job abroad for six months if the opportunity arises and to not be tethered to a physical location. We foresee that they are more likely to consider other investment opportunities such as investing in crypto currencies, tech companies or micro-share transactions, often facilitated through their smartphone. As people become more comfortable with renting, or opt to embrace this lifestyle from the outset, , it’s imperative there exists a rental product that is designed specifically to suit their needs and lifestyle as they mature to the later stages of their lives. This has potential to then continue and progress to later living in a natural evolution of curated living.
SBtR in the UK currently relies heavily on cars due to the reduced availability of public transportation in many suburban areas. Ensuring access to road infrastructure around the development is an important aspect developers will need to consider. Furthermore, since the main demographic group is single families, further social infrastructure might be required, including nurseries and schools, GP clinics, dentists and supermarkets. However, these are all challenges developers can control with the acquisition of the right site.[4]
What should a successful and sustainable SBtR development provide?
The key to a successful BtR scheme is to design with the consumer's needs at the core. In the case of SBtR, the approach should not be any different and should focus on the target demographic and their particular needs. Here at Chapman Taylor, we believe that it is critical that this methodology is something that starts at the drawing board. As architects and masterplanners, we can influence the way a place is shaped and we can take an active role in developing a collaborative vision for the project that is focused on the customer experience.
The principles are simple; the communal areas of buildings in urban settings (lobbies, corridors, or other internal shared spaces) translate to areas such as streets, squares and landscaped spaces in a suburban context. These are the places where members of the community can engage with one another, which is why their design is of such key importance. The design of the public realm needs to be carefully considered and, as with any feature that adds a higher level of quality, service or amenity, it is important to understand the relationship between cost, ongoing operational expenditure and the potential value or return which could be generated.
We can also start to incorporate more flexibility into the product; as we know, the BtR model anticipated a premium could be applied (within multi-family) for apartments which are pet friendly (suggested circa 10%). We are at a stage where we have a growing portfolio of mature BtR schemes and we know residents value this premium and are willing to pay circa 11% more for pet friendly homes, sometimes even if they do not have pets yet themselves. This data allows us to anticipate this aspect to become even more important within SBtR, where greater flexibility and a desire for more space and outdoor amenity are key.
The main objective is to create a safe and inclusive neighbourhood which engenders civic pride among a diverse and multi-generational demographic. Identity and feeling are as important to the vision as architecture and landscape. When we design, we want to allow our values to guide every aspect of the scheme, ultimately allowing us to create a place that can be shared and shaped by the community, as well as being sustainable, safe, and stimulating.
Can we still learn from the US market?
Linking back to our Bisnow BtR Conference, we touched on the UK BtR model and its similarities and, most importantly, differences, to the US model. Our understanding is that in the US, multi-family started with a focus on urban living, just like here, and is now shifting its focus to the single-family market. Naturally, this is encouraging to see. However, a key distinction is that a lot of that stock was purchased following the global financial crash, meaning that the resulted product is not “designed-for-rent” which we believe should be the foundation for any Build-to-Rent development. There is a possibility that we may get there relatively slower, as a result, nevertheless the advantage is that we can perhaps develop a better product, and more importantly, one that is suitable for UK culture and lifestyle.
An important point was however made about the US BtR developments being geographically concentrated in key locations, with single-family homes following the same strategy; this is something we have experienced ourselves within our work with our Suburban BtR clients. As outlined by Urban & Civic’s Development Director, Caroline Foster, we learned that desirable locations for UK SBtR are around the one-hour commuter radius from London, particularly around Cambridge and Oxford due to further employment opportunities based around the life science and technology sectors, as well as opportunities expanding from the academic campuses.
Chapman Taylor’s prototype SBtR community
Based on our BtR experience, we have been invited to develop a design concept for a prototype SBtR community. Working closely with the operator from the outset has been incredibly beneficial, allowing us to collaboratively develop the vision and model for the project. Customer experience and commercial viability have been at the heart of every design decision made, creating a place that will be collectively shared, but also collectively shaped, by its residents and by the dynamics of the community.
This new concept offers a ground-breaking template for communal living. The development aims to create a sustainable communal experience for the occupants, in a radical departure from the traditional compartmentalised residential developments which have become the norm. The scheme aims to create a unique and high-quality, attractive and well-considered place for people to inhabit, enjoy and be proud of. Key to this will be an emphasis on healthy living – encouraging walking, cycling, and environmental sustainability.
The history of the site is very important to us, performing a critical role in the placemaking strategy for the project. The development will be a pedestrian-friendly, walkable neighbourhood which encourages cycling and the use of public transport. Home zones and play streets will be the standard street typology, with active frontages designed to create a place that is safe, fosters a sense of community and encourages street life. As such, all boundaries are blurred to encourage neighbourly interaction, further emphasising the communal nature of the entire development.
The masterplan aims to create a unique environment which responds to the site’s features while meeting the requirements of the different stakeholders. A flexible community square, as a centrepiece, is designed to also accommodate events and other uses, as required. It will be anchored by a café and workspace to one end and a flexible community space and library to the other, offering opportunities for various events and activities to happen. Hard and soft gathering spaces will encourage play and social interaction – light structures within landscaped spaces, for example, could be used for performance events or as an artists’ retreat. All of this is designed to bring about organic development instead of something which feels artificial and forced. Early conversations with the Local Authorities have contributed to the design of these spaces and their interface with the wider scheme.
Bibliography
Property Investor Today Team. (2020, December 11). Q&A - Will suburban BTR thrive as a result of Covid-19? Property Investor Today. https://www.propertyinvestorto...
Valentine-Selsey, R., Simmie, H., & Whittaker, G. (2020, April 21). Suburban Build to Rent—April 2020. Savills. https://www.savills.co.uk/rese...
[1] (Valentine-Selsey et al., 2020)
[2] (Valentine-Selsey et al., 2020)
[3] (Property Investor Today Team, 2020)
[4] (Property Investor Today Team, 2020)
Should there be an embedded link?
Before we had this text which I believe was based on Edmonstone:
A flexible market square, as a centrepiece, is designed to also accommodate events and other uses, as required. It will be anchored by a local farm outlet store or similar, rather than a typical high street supermarket brand. Hard and soft gathering spaces will encourage play and social interaction – light structures within landscaped spaces, for example, could be used for performance events or as an artists’ retreat. All of this is designed to bring about organic development instead of something which feels artificial and forced.
The need for Suburban Build-to-Rent
We live in a challenging time where working practices and the demands of life are rapidly changing, even more so now because of the COVID-19 pandemic. For the last 18 months, we have noticed a significant shift in the number of people searching for homes outside of the city, or with access to more green space nearby. Furthermore, with the UK population expected to pass 70 million within the next decade, our inability to meet the government’s annual housing supply target of 300,000 per year highlights an urgent need to address the objectives and approaches of the supply crisis solutions currently being explored and their appropriateness for people and their current needs.
The astonishingly high house prices in many towns and cities continue to make homeownership challenging for most middle-income earners, with the number of renters in the 35-64 age group having grown by 95% over the last 10 years. It is time to start thinking about how suburban, low-to-mid-rise Build-to-Rent (BtR) developments could provide an alternative living option for middle-income families.
Chapman Taylor believes that the Suburban Build-to-Rent (SBtR) format could play a key role in addressing this structural shortage, responding to a growing demand for a different style of rental experience that is not solely focused on urban living. This model could prove more appealing to couples and families who want to live further out of the city, with access to more space and amenities while still having a sense of their own private space. It could also mark an organic transition towards a more inter-generational living model which can highlight significant benefits when it comes to new work-from-home trends (i.e., nearby grandparents can support with childcare while parents work). This would simultaneously make the Build-to-Rent product accessible to a much wider demographic and more responsive to the current housing crisis by offering a more diverse rental portfolio that suits a larger variety of needs.
What are the pros and cons of SBtR?
Two-thirds of households across England and Wales (approx. 16.3 million) live in suburban areas. When looking specifically at the private rented sector (PRS), Savills estimate that over 53% (approx. 2.3 million households) live in suburban areas, although the newer developments tend to favour the high-density markets.[1]
As people start reassessing their priorities, post-pandemic, space, the cost of living, commuting and the use of time have gained a lot of attention. We already know that BtR has been a successful, resilient model catering for professionals and young families which had coped very well in the current crisis (robust rental collection and occupancy rates, long-term rental agreements, access to amenity space, etc). However, it has been struggling to properly tap into the larger demographic of the PRS market (currently made up of 1/2 suburban locations).[2] SBtR will likely see a rise in single-family homes, which could potentially attract larger families in search of additional space, both indoors and out. [3] While the SBtR model typically tends to have less turnover, the operational costs are also lower, as tenants are more likely to stay longer than those in urban settings (approx. 3-5 years length of tenancy). Furthermore, suburban rentals tend to have higher occupancy rates, one statistic showing up to 97% occupancy. This can prove to be an attractive point to investors.
When we spoke at the recent Bisnow BtR Conference, we talked about the natural evolution of the resident of tomorrow, ‘Generation Rent’ as they are often referred to. Five years ago, the BtR market’s target demographic focused on 25–35-year-olds, however, what we see now is that as these people mature (alongside a more established BtR market in the UK), they will naturally seek to gain access to more family-orientated provisions such as shared gardens, allotments, playgrounds, exercise areas and community centres. We can therefore start thinking about future trends and what replaces traditional equity gained by owning a home? More interestingly, if people who have rented their entire lives retire, how do they invest? In our attempt to understand our Generation Rent customers, we believe they want to be flexible, and light-footed, that they want to have the freedom to take a job abroad for six months if the opportunity arises and to not be tethered to a physical location. We foresee that they are more likely to consider other investment opportunities such as investing in crypto currencies, tech companies or micro-share transactions, often facilitated through their smartphone. As people become more comfortable with renting, or opt to embrace this lifestyle from the outset, , it’s imperative there exists a rental product that is designed specifically to suit their needs and lifestyle as they mature to the later stages of their lives. This has potential to then continue and progress to later living in a natural evolution of curated living.
It is important to note the challenges of the model as well; with SBtR being a relatively new form of managed or serviced rental accommodation, people have higher expectations about the quality of their homes and the level of service provided by the operator. This requires developers, operators and designers to take a unique approach and to carefully consider lifetime operational and maintenance requirements when developing proposals for these environments.
SBtR in the UK currently relies heavily on cars due to the reduced availability of public transportation in many suburban areas. Ensuring access to road infrastructure around the development is an important aspect developers will need to consider. Furthermore, since the main demographic group is single families, further social infrastructure might be required, including nurseries and schools, GP clinics, dentists and supermarkets. However, these are all challenges developers can control with the acquisition of the right site.[4]
What should a successful and sustainable SBtR development provide?
The key to a successful BtR scheme is to design with the consumer's needs at the core. In the case of SBtR, the approach should not be any different and should focus on the target demographic and their particular needs. Here at Chapman Taylor, we believe that it is critical that this methodology is something that starts at the drawing board. As architects and masterplanners, we can influence the way a place is shaped and we can take an active role in developing a collaborative vision for the project that is focused on the customer experience.
The principles are simple; the communal areas of buildings in urban settings (lobbies, corridors, or other internal shared spaces) translate to areas such as streets, squares and landscaped spaces in a suburban context. These are the places where members of the community can engage with one another, which is why their design is of such key importance. The design of the public realm needs to be carefully considered and, as with any feature that adds a higher level of quality, service or amenity, it is important to understand the relationship between cost, ongoing operational expenditure and the potential value or return which could be generated.
We can also start to incorporate more flexibility into the product; as we know, the BtR model anticipated a premium could be applied (within multi-family) for apartments which are pet friendly (suggested circa 10%). We are at a stage where we have a growing portfolio of mature BtR schemes and we know residents value this premium and are willing to pay circa 11% more for pet friendly homes, sometimes even if they do not have pets yet themselves. This data allows us to anticipate this aspect to become even more important within SBtR, where greater flexibility and a desire for more space and outdoor amenity are key.
The main objective is to create a safe and inclusive neighbourhood which engenders civic pride among a diverse and multi-generational demographic. Identity and feeling are as important to the vision as architecture and landscape. When we design, we want to allow our values to guide every aspect of the scheme, ultimately allowing us to create a place that can be shared and shaped by the community, as well as being sustainable, safe, and stimulating.
Can we still learn from the US market?
Linking back to our Bisnow BtR Conference, we touched on the UK BtR model and its similarities and, most importantly, differences, to the US model. Our understanding is that in the US, multi-family started with a focus on urban living, just like here, and is now shifting its focus to the single-family market. Naturally, this is encouraging to see. However, a key distinction is that a lot of that stock was purchased following the global financial crash, meaning that the resulted product is not “designed-for-rent” which we believe should be the foundation for any Build-to-Rent development. There is a possibility that we may get there relatively slower, as a result, nevertheless the advantage is that we can perhaps develop a better product, and more importantly, one that is suitable for UK culture and lifestyle.
An important point was however made about the US BtR developments being geographically concentrated in key locations, with single-family homes following the same strategy; this is something we have experienced ourselves within our work with our Suburban BtR clients. As outlined by Urban & Civic’s Development Director, Caroline Foster, we learned that desirable locations for UK SBtR are around the one-hour commuter radius from London, particularly around Cambridge and Oxford due to further employment opportunities based around the life science and technology sectors, as well as opportunities expanding from the academic campuses.
Chapman Taylor’s prototype SBtR community
Based on our BtR experience, we have been invited to develop a design concept for a prototype SBtR community. Working closely with the operator from the outset has been incredibly beneficial, allowing us to collaboratively develop the vision and model for the project. Customer experience and commercial viability have been at the heart of every design decision made, creating a place that will be collectively shared, but also collectively shaped, by its residents and by the dynamics of the community.
This new concept offers a ground-breaking template for communal living. The development aims to create a sustainable communal experience for the occupants, in a radical departure from the traditional compartmentalised residential developments which have become the norm. The scheme aims to create a unique and high-quality, attractive and well-considered place for people to inhabit, enjoy and be proud of. Key to this will be an emphasis on healthy living – encouraging walking, cycling, and environmental sustainability.
The history of the site is very important to us, performing a critical role in the placemaking strategy for the project. The development will be a pedestrian-friendly, walkable neighbourhood which encourages cycling and the use of public transport. Home zones and play streets will be the standard street typology, with active frontages designed to create a place that is safe, fosters a sense of community and encourages street life. As such, all boundaries are blurred to encourage neighbourly interaction, further emphasising the communal nature of the entire development.
The masterplan aims to create a unique environment which responds to the site’s features while meeting the requirements of the different stakeholders. A flexible community square, as a centrepiece, is designed to also accommodate events and other uses, as required. It will be anchored by a café and workspace to one end and a flexible community space and library to the other, offering opportunities for various events and activities to happen. Hard and soft gathering spaces will encourage play and social interaction – light structures within landscaped spaces, for example, could be used for performance events or as an artists’ retreat. All of this is designed to bring about organic development instead of something which feels artificial and forced. Early conversations with the Local Authorities have contributed to the design of these spaces and their interface with the wider scheme.
Ultimately, our scheme will be flexible and adaptable, allowing it to be largely shaped by those who live and work within it, but it will also be able to respond, in design and management terms, to the ever-changing needs of its community.
Our design approach aims to adopt best-practice thinking and technology combined with a progressive design for communal living. A key aim is to create a community made dynamic by the diverse and multi-generational nature of the demographic. This will not only allow many needs to be fulfilled from within the community, be it babysitting, car-pooling or sharing gardening equipment, but will also provide a sense of belonging which is often absent in owner-occupied developments.
We strongly believe that this will be very much a stakeholder-led community experience – a new type of community which unites and inspires its residents and provides a special living environment. It will foster cross-generational social interaction and harness nature as a means of providing recreation and healthy, sustainable living.
Bibliography
Property Investor Today Team. (2020, December 11). Q&A - Will suburban BTR thrive as a result of Covid-19? Property Investor Today. https://www.propertyinvestorto...
Valentine-Selsey, R., Simmie, H., & Whittaker, G. (2020, April 21). Suburban Build to Rent—April 2020. Savills. https://www.savills.co.uk/rese...
[1] (Valentine-Selsey et al., 2020)
[2] (Valentine-Selsey et al., 2020)
[3] (Property Investor Today Team, 2020)
[4] (Property Investor Today Team, 2020)
When we spoke at the recent Bisnow BtR Conference, we talked about the natural evolution of the resident of tomorrow, ‘Generation Rent’ as they are often referred to. Five years ago, the BtR market’s target demographic focused on 25–35-year-olds, however, what we see now is that as these people mature (alongside a more established BtR market in the UK), they will naturally seek to gain access to more family-orientated provisions such as shared gardens, allotments, playgrounds, exercise areas and community centres. We can therefore start thinking about future trends and what replaces traditional equity gained by owning a home? More interestingly, if people who have rented their entire lives retire, how do they invest? In our attempt to understand our Generation Rent customers, we believe they want to be flexible, and light-footed, that they want to have the freedom to take a job abroad for six months if the opportunity arises and to not be tethered to a physical location. We foresee that they are more likely to consider other investment opportunities such as investing in crypto currencies, tech companies or micro-share transactions, often facilitated through their smartphone. As people become more comfortable with renting, or opt to embrace this lifestyle from the outset, , it’s imperative there exists a rental product that is designed specifically to suit their needs and lifestyle as they mature to the later stages of their lives. This has potential to then continue and progress to later living in a natural evolution of curated living.
It is important to note the challenges of the model as well; with SBtR being a relatively new form of managed or serviced rental accommodation, people have higher expectations about the quality of their homes and the level of service provided by the operator. This requires developers, operators and designers to take a unique approach and to carefully consider lifetime operational and maintenance requirements when developing proposals for these environments.
SBtR in the UK currently relies heavily on cars due to the reduced availability of public transportation in many suburban areas. Ensuring access to road infrastructure around the development is an important aspect developers will need to consider. Furthermore, since the main demographic group is single families, further social infrastructure might be required, including nurseries and schools, GP clinics, dentists and supermarkets. However, these are all challenges developers can control with the acquisition of the right site.[4]
What should a successful and sustainable SBtR development provide?
The key to a successful BtR scheme is to design with the consumer's needs at the core. In the case of SBtR, the approach should not be any different and should focus on the target demographic and their particular needs. Here at Chapman Taylor, we believe that it is critical that this methodology is something that starts at the drawing board. As architects and masterplanners, we can influence the way a place is shaped and we can take an active role in developing a collaborative vision for the project that is focused on the customer experience.
The principles are simple; the communal areas of buildings in urban settings (lobbies, corridors, or other internal shared spaces) translate to areas such as streets, squares and landscaped spaces in a suburban context. These are the places where members of the community can engage with one another, which is why their design is of such key importance. The design of the public realm needs to be carefully considered and, as with any feature that adds a higher level of quality, service or amenity, it is important to understand the relationship between cost, ongoing operational expenditure and the potential value or return which could be generated.
We can also start to incorporate more flexibility into the product; as we know, the BtR model anticipated a premium could be applied (within multi-family) for apartments which are pet friendly (suggested circa 10%). We are at a stage where we have a growing portfolio of mature BtR schemes and we know residents value this premium and are willing to pay circa 11% more for pet friendly homes, sometimes even if they do not have pets yet themselves. This data allows us to anticipate this aspect to become even more important within SBtR, where greater flexibility and a desire for more space and outdoor amenity are key.
The main objective is to create a safe and inclusive neighbourhood which engenders civic pride among a diverse and multi-generational demographic. Identity and feeling are as important to the vision as architecture and landscape. When we design, we want to allow our values to guide every aspect of the scheme, ultimately allowing us to create a place that can be shared and shaped by the community, as well as being sustainable, safe, and stimulating.
Can we still learn from the US market?
Linking back to our Bisnow BtR Conference, we touched on the UK BtR model and its similarities and, most importantly, differences, to the US model. Our understanding is that in the US, multi-family started with a focus on urban living, just like here, and is now shifting its focus to the single-family market. Naturally, this is encouraging to see. However, a key distinction is that a lot of that stock was purchased following the global financial crash, meaning that the resulted product is not “designed-for-rent” which we believe should be the foundation for any Build-to-Rent development. There is a possibility that we may get there relatively slower, as a result, nevertheless the advantage is that we can perhaps develop a better product, and more importantly, one that is suitable for UK culture and lifestyle.
An important point was however made about the US BtR developments being geographically concentrated in key locations, with single-family homes following the same strategy; this is something we have experienced ourselves within our work with our Suburban BtR clients. As outlined by Urban & Civic’s Development Director, Caroline Foster, we learned that desirable locations for UK SBtR are around the one-hour commuter radius from London, particularly around Cambridge and Oxford due to further employment opportunities based around the life science and technology sectors, as well as opportunities expanding from the academic campuses.
Chapman Taylor’s prototype SBtR community
Based on our BtR experience, we have been invited to develop a design concept for a prototype SBtR community. Working closely with the operator from the outset has been incredibly beneficial, allowing us to collaboratively develop the vision and model for the project. Customer experience and commercial viability have been at the heart of every design decision made, creating a place that will be collectively shared, but also collectively shaped, by its residents and by the dynamics of the community.
This new concept offers a ground-breaking template for communal living. The development aims to create a sustainable communal experience for the occupants, in a radical departure from the traditional compartmentalised residential developments which have become the norm. The scheme aims to create a unique and high-quality, attractive and well-considered place for people to inhabit, enjoy and be proud of. Key to this will be an emphasis on healthy living – encouraging walking, cycling, and environmental sustainability.
The history of the site is very important to us, performing a critical role in the placemaking strategy for the project. The development will be a pedestrian-friendly, walkable neighbourhood which encourages cycling and the use of public transport. Home zones and play streets will be the standard street typology, with active frontages designed to create a place that is safe, fosters a sense of community and encourages street life. As such, all boundaries are blurred to encourage neighbourly interaction, further emphasising the communal nature of the entire development.
The masterplan aims to create a unique environment which responds to the site’s features while meeting the requirements of the different stakeholders. A flexible community square, as a centrepiece, is designed to also accommodate events and other uses, as required. It will be anchored by a café and workspace to one end and a flexible community space and library to the other, offering opportunities for various events and activities to happen. Hard and soft gathering spaces will encourage play and social interaction – light structures within landscaped spaces, for example, could be used for performance events or as an artists’ retreat. All of this is designed to bring about organic development instead of something which feels artificial and forced. Early conversations with the Local Authorities have contributed to the design of these spaces and their interface with the wider scheme.
Ultimately, our scheme will be flexible and adaptable, allowing it to be largely shaped by those who live and work within it, but it will also be able to respond, in design and management terms, to the ever-changing needs of its community.
Our design approach aims to adopt best-practice thinking and technology combined with a progressive design for communal living. A key aim is to create a community made dynamic by the diverse and multi-generational nature of the demographic. This will not only allow many needs to be fulfilled from within the community, be it babysitting, car-pooling or sharing gardening equipment, but will also provide a sense of belonging which is often absent in owner-occupied developments.
We strongly believe that this will be very much a stakeholder-led community experience – a new type of community which unites and inspires its residents and provides a special living environment. It will foster cross-generational social interaction and harness nature as a means of providing recreation and healthy, sustainable living.
Bibliography
Property Investor Today Team. (2020, December 11). Q&A - Will suburban BTR thrive as a result of Covid-19? Property Investor Today. https://www.propertyinvestorto...
Valentine-Selsey, R., Simmie, H., & Whittaker, G. (2020, April 21). Suburban Build to Rent—April 2020. Savills. https://www.savills.co.uk/rese...
[1] (Valentine-Selsey et al., 2020)
[2] (Valentine-Selsey et al., 2020)
[3] (Property Investor Today Team, 2020)
[4] (Property Investor Today Team, 2020)
We can also start to incorporate more flexibility into the product; as we know, the BtR model anticipated a premium could be applied (within multi-family) for apartments which are pet friendly (suggested circa 10%). We are at a stage where we have a growing portfolio of mature BtR schemes and we know residents value this premium and are willing to pay circa 11% more for pet friendly homes, sometimes even if they do not have pets yet themselves. This data allows us to anticipate this aspect to become even more important within SBtR, where greater flexibility and a desire for more space and outdoor amenity are key.
The main objective is to create a safe and inclusive neighbourhood which engenders civic pride among a diverse and multi-generational demographic. Identity and feeling are as important to the vision as architecture and landscape. When we design, we want to allow our values to guide every aspect of the scheme, ultimately allowing us to create a place that can be shared and shaped by the community, as well as being sustainable, safe, and stimulating.
Can we still learn from the US market?
Linking back to our Bisnow BtR Conference, we touched on the UK BtR model and its similarities and, most importantly, differences, to the US model. Our understanding is that in the US, multi-family started with a focus on urban living, just like here, and is now shifting its focus to the single-family market. Naturally, this is encouraging to see. However, a key distinction is that a lot of that stock was purchased following the global financial crash, meaning that the resulted product is not “designed-for-rent” which we believe should be the foundation for any Build-to-Rent development. There is a possibility that we may get there relatively slower, as a result, nevertheless the advantage is that we can perhaps develop a better product, and more importantly, one that is suitable for UK culture and lifestyle.
An important point was however made about the US BtR developments being geographically concentrated in key locations, with single-family homes following the same strategy; this is something we have experienced ourselves within our work with our Suburban BtR clients. As outlined by Urban & Civic’s Development Director, Caroline Foster, we learned that desirable locations for UK SBtR are around the one-hour commuter radius from London, particularly around Cambridge and Oxford due to further employment opportunities based around the life science and technology sectors, as well as opportunities expanding from the academic campuses.
Chapman Taylor’s prototype SBtR community
Based on our BtR experience, we have been invited to develop a design concept for a prototype SBtR community. Working closely with the operator from the outset has been incredibly beneficial, allowing us to collaboratively develop the vision and model for the project. Customer experience and commercial viability have been at the heart of every design decision made, creating a place that will be collectively shared, but also collectively shaped, by its residents and by the dynamics of the community.
This new concept offers a ground-breaking template for communal living. The development aims to create a sustainable communal experience for the occupants, in a radical departure from the traditional compartmentalised residential developments which have become the norm. The scheme aims to create a unique and high-quality, attractive and well-considered place for people to inhabit, enjoy and be proud of. Key to this will be an emphasis on healthy living – encouraging walking, cycling, and environmental sustainability.
The history of the site is very important to us, performing a critical role in the placemaking strategy for the project. The development will be a pedestrian-friendly, walkable neighbourhood which encourages cycling and the use of public transport. Home zones and play streets will be the standard street typology, with active frontages designed to create a place that is safe, fosters a sense of community and encourages street life. As such, all boundaries are blurred to encourage neighbourly interaction, further emphasising the communal nature of the entire development.
The masterplan aims to create a unique environment which responds to the site’s features while meeting the requirements of the different stakeholders. A flexible community square, as a centrepiece, is designed to also accommodate events and other uses, as required. It will be anchored by a café and workspace to one end and a flexible community space and library to the other, offering opportunities for various events and activities to happen. Hard and soft gathering spaces will encourage play and social interaction – light structures within landscaped spaces, for example, could be used for performance events or as an artists’ retreat. All of this is designed to bring about organic development instead of something which feels artificial and forced. Early conversations with the Local Authorities have contributed to the design of these spaces and their interface with the wider scheme.
Ultimately, our scheme will be flexible and adaptable, allowing it to be largely shaped by those who live and work within it, but it will also be able to respond, in design and management terms, to the ever-changing needs of its community.
Our design approach aims to adopt best-practice thinking and technology combined with a progressive design for communal living. A key aim is to create a community made dynamic by the diverse and multi-generational nature of the demographic. This will not only allow many needs to be fulfilled from within the community, be it babysitting, car-pooling or sharing gardening equipment, but will also provide a sense of belonging which is often absent in owner-occupied developments.
We strongly believe that this will be very much a stakeholder-led community experience – a new type of community which unites and inspires its residents and provides a special living environment. It will foster cross-generational social interaction and harness nature as a means of providing recreation and healthy, sustainable living.
Bibliography
Property Investor Today Team. (2020, December 11). Q&A - Will suburban BTR thrive as a result of Covid-19? Property Investor Today. https://www.propertyinvestorto...
Valentine-Selsey, R., Simmie, H., & Whittaker, G. (2020, April 21). Suburban Build to Rent—April 2020. Savills. https://www.savills.co.uk/rese...
[1] (Valentine-Selsey et al., 2020)
[2] (Valentine-Selsey et al., 2020)
[3] (Property Investor Today Team, 2020)
[4] (Property Investor Today Team, 2020)
Can we still learn from the US market?
Linking back to our Bisnow BtR Conference, we touched on the UK BtR model and its similarities and, most importantly, differences, to the US model. Our understanding is that in the US, multi-family started with a focus on urban living, just like here, and is now shifting its focus to the single-family market. Naturally, this is encouraging to see. However, a key distinction is that a lot of that stock was purchased following the global financial crash, meaning that the resulted product is not “designed-for-rent” which we believe should be the foundation for any Build-to-Rent development. There is a possibility that we may get there relatively slower, as a result, nevertheless the advantage is that we can perhaps develop a better product, and more importantly, one that is suitable for UK culture and lifestyle.
An important point was however made about the US BtR developments being geographically concentrated in key locations, with single-family homes following the same strategy; this is something we have experienced ourselves within our work with our Suburban BtR clients. As outlined by Urban & Civic’s Development Director, Caroline Foster, we learned that desirable locations for UK SBtR are around the one-hour commuter radius from London, particularly around Cambridge and Oxford due to further employment opportunities based around the life science and technology sectors, as well as opportunities expanding from the academic campuses.
Chapman Taylor’s prototype SBtR community
Based on our BtR experience, we have been invited to develop a design concept for a prototype SBtR community. Working closely with the operator from the outset has been incredibly beneficial, allowing us to collaboratively develop the vision and model for the project. Customer experience and commercial viability have been at the heart of every design decision made, creating a place that will be collectively shared, but also collectively shaped, by its residents and by the dynamics of the community.
This new concept offers a ground-breaking template for communal living. The development aims to create a sustainable communal experience for the occupants, in a radical departure from the traditional compartmentalised residential developments which have become the norm. The scheme aims to create a unique and high-quality, attractive and well-considered place for people to inhabit, enjoy and be proud of. Key to this will be an emphasis on healthy living – encouraging walking, cycling, and environmental sustainability.
The history of the site is very important to us, performing a critical role in the placemaking strategy for the project. The development will be a pedestrian-friendly, walkable neighbourhood which encourages cycling and the use of public transport. Home zones and play streets will be the standard street typology, with active frontages designed to create a place that is safe, fosters a sense of community and encourages street life. As such, all boundaries are blurred to encourage neighbourly interaction, further emphasising the communal nature of the entire development.
The masterplan aims to create a unique environment which responds to the site’s features while meeting the requirements of the different stakeholders. A flexible community square, as a centrepiece, is designed to also accommodate events and other uses, as required. It will be anchored by a café and workspace to one end and a flexible community space and library to the other, offering opportunities for various events and activities to happen. Hard and soft gathering spaces will encourage play and social interaction – light structures within landscaped spaces, for example, could be used for performance events or as an artists’ retreat. All of this is designed to bring about organic development instead of something which feels artificial and forced. Early conversations with the Local Authorities have contributed to the design of these spaces and their interface with the wider scheme.
Ultimately, our scheme will be flexible and adaptable, allowing it to be largely shaped by those who live and work within it, but it will also be able to respond, in design and management terms, to the ever-changing needs of its community.
Our design approach aims to adopt best-practice thinking and technology combined with a progressive design for communal living. A key aim is to create a community made dynamic by the diverse and multi-generational nature of the demographic. This will not only allow many needs to be fulfilled from within the community, be it babysitting, car-pooling or sharing gardening equipment, but will also provide a sense of belonging which is often absent in owner-occupied developments.
We strongly believe that this will be very much a stakeholder-led community experience – a new type of community which unites and inspires its residents and provides a special living environment. It will foster cross-generational social interaction and harness nature as a means of providing recreation and healthy, sustainable living.
Bibliography
Property Investor Today Team. (2020, December 11). Q&A - Will suburban BTR thrive as a result of Covid-19? Property Investor Today. https://www.propertyinvestorto...
Valentine-Selsey, R., Simmie, H., & Whittaker, G. (2020, April 21). Suburban Build to Rent—April 2020. Savills. https://www.savills.co.uk/rese...
[1] (Valentine-Selsey et al., 2020)
[2] (Valentine-Selsey et al., 2020)
[3] (Property Investor Today Team, 2020)
[4] (Property Investor Today Team, 2020)
Our design approach aims to adopt best-practice thinking and technology combined with a progressive design for communal living. A key aim is to create a community made dynamic by the diverse and multi-generational nature of the demographic. This will not only allow many needs to be fulfilled from within the community, be it babysitting, carpooling, or sharing gardening equipment, but will also provide a sense of belonging which is often absent in owner-occupied developments.
We strongly believe that this will be very much a stakeholder-led community experience – a new type of community which unites and inspires its residents and provides a special living environment. It will foster cross-generational social interaction and harness nature as a means of providing recreation and healthy, sustainable living.
Bibliography
Property Investor Today Team. (2020, December 11). Q&A - Will suburban BTR thrive as a result of Covid-19? Property Investor Today. Click here
Valentine-Selsey, R., Simmie, H., & Whittaker, G. (2020, April 21). Suburban Build to Rent—April 2020. Savills. Click here
[1] (Valentine-Selsey et al., 2020)
[2] (Valentine-Selsey et al., 2020)
[3] (Property Investor Today Team, 2020)
[4] (Property Investor Today Team, 2020)