How we helped to overcome construction delays on a landmark project and fulfill over 2,000 BTR units nationwide.
Developer: Cortland
Development: Build to Rent | 2000 Units
Location: Multiple Cities
Dandara had a nationwide requirement for price-focussed, design-inspired furniture sourced proactively to ensure maximised budget and a unique design concept.
The whole project sat in our sweet spot, at the crossover of high quality design and specification, and the ability to deliver in large quantities - simultaneously.
Because of our worldwide supply chain we were able to source cost effectively, and with uniformity of design that would define the Dandara Living brand, with a plan to deliver 2,000+ units over a 12 month period.
Our designers created a sense of warmth and modernity with woodgrain textures and homely materials.
But just as the team was about to start work, delays of up to ten months occurred across all sites, and with the construction side of the project not going to plan, we needed to adapt our approach too, safeguarding the client’s budget and timings as much as possible.
Thanks to our unique capability to store in excess of 25,000 units of stock we were able to put in place a storage and vesting agreement with Dandara. This meant that they maintained their budgetary position for furnishing provision, with the reassurance that their furniture was safely stored, insured and vested to enable soonest delivery upon completion of the build.
Despite the delays lasting in excess of 12 months, we were able to increase our fleet and resources to accelerate the initial planned programme durations and ensure our client recovered some of the losses suffered in construction.
The Result?
All properties from 50% to 100% leased
Chapel Wharf (Salford) 50% leased, Sweet Street (Leeds) 90% leased on completions, Aston Place (Birmingham) 85% leased, Triple Kirks (Aberdeen) fully leased
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