London is home to some of the most expensive properties in the world, making access to affordable housing almost impossible to all but the very rich. According to a report by UBS Wealth Management, London homes are the second most over-priced in the world, and closely behind Vancouver in its “bubble risk rating”. London house prices increased by 25% from 2014-2016, mainly due to foreign investment and low interest rates, making it the second-least affordable housing bubble in the world after Hong Kong.
For the London Affordable Housing Challenge, participants are asked to design a pilot-phase concept for affordable housing within Britain’s capital city. In order to be successful, designs need to be easily rolled out to increase the capacity of housing stock, while at the same time with minimal use of land and resources.
Successful designs will be flexible enough to be adapted to any location across the city, and accommodate different inhabitant capacity requirements. No minimum size or amount of residential units per block is defined. As there is no one specified location for this challenge, participants are free to create designs in a London location of their choice, as long as it fits in with the brief of supplying affordable housing to residents.
This architecture competition requires for both prudent planning and out of the box thinking. Winning participants will need to apply unique strategies as well as creative designs to tackle the housing crisis, while at the same time remaining in keeping with the city’s situation and heritage.
Design a pilot-phase concept for affordable housing within London, which can be easily rolled out to increase capacity of housing stock, and is minimal in its use of land and materials.
No minimum size or amount of residential units per block is defined. The proposals should be flexible enough to adopt to different sizes for various inhabitant capacity requirements.
Designs for the London Affordable Housing Challenge should be able to adapt to various locations across the city. The designs should also be adaptable, allowing adjustments to be made in order to suit different residential capacity requirements.
3 winning proposals 2 special awards and 6 honourable mentions will be selected. Bee Breeders will award a total of US $6,000 in prize money to competition winners as follows:
1st Prize – US $3,000
2nd Prize – US $1,500
3rd Prize – US $500
+ 6 honourable mentions
BB Student Award – US $500
BB Green Award – US $500
Early Bird Registration: APRIL 30 – JUNE 5
Advance Registration: JUNE 6 – JULY 17
Last Minute Registration: JULY 18 – OCTOBER 9
Closing date for registration: OCTOBER 9, 2018
Closing date for submission: NOVEMBER 5, 2018 (11:59pm GMT)
Announcement of the winners: NOVEMBER 28, 2018
More information – LONDONHOUSING.beebreeders.com