Traditional Process
In the traditional approach, outline planning is a critical phase that includes the creation of a masterplan, sustainability model, and a semi-detailed structural architecture and landscaping plan. This phase often involves extensive data gathering, consultation, and multiple revisions.
Cost
London
£1M - £2M
Manchester
£800K - £1,5M
Time Required
Typically takes 6-12 months.
Risk
Significant upfront investment with a risk of delays due to the complex approval process and potential for multiple iterations based on feedback from planning authorities.
MetaConnex leverages pre-data linked BIM objects connected to sales cost, carbon performance, and other essential metrics. This process integrates 2D and 3D geographical data sets from sources like OS Maps, Google Place, longitude/latitude coordinates, UPRN, and title ownership data. The MetaConnex Builder then synthesises this information to provide a semi-detailed, low-risk planning application.
Outputs
Masterplan
Includes sustainability models aligned with UK Net Zero Building Standards and the Built Environment Carbon Database.
Development Appraisal and Feasibility Study
Provides a comprehensive view of project viability.
Cost
Free
(Included within the MetaConnex Platform)
Time Required
1-3 days
Risk
Significantly reduced due to the automated, data-driven approach that provides a more precise planning application with a higher likelihood of approval.
Following the outline planning stage, traditional processes involve negotiating MoUs (Memoranda of Understanding), exclusivity agreements, and developer agreements with landowners and local councils. This phase often requires significant legal work and negotiations, especially if a Compulsory Purchase Order (CPO) is necessary.
Cost
London
£250K - £500K
Manchester
£200K - £400K
Time Required
3-6 months
Risk
The time-consuming nature of legal negotiations can delay the project, increasing costs and financial exposure.
MetaConnex, due to its comprehensive and detailed planning documentation, facilitates early collaboration with landowners and councils, streamlining the move to MoU, exclusivity, and developer agreements.
Legal Cost
Efficiency with BIM Planning
Reduced but subject to method, as much of the groundwork is handled by the detailed planning and pre-data linked BIM documentation." eu preciso de um título pra isso
Time Required
1-3 days
Risk
Significantly reduced due to the automated, data-driven approach that provides a more precise planning application with a higher likelihood of approval.
This phase typically involves creating detailed interior designs, architectural plans, and sales documentation, including external renderings. Developers must decide on unit layouts and finishes, which can be time-consuming and costly.
Cost
London
£1,5M - £3M
Manchester
£1,2M - £2,5M
Time Required
6-9 months
Risk
High, as changes in market demand or delays in design approval can necessitate costly redesigns.
MetaConnex provides a pre-designed library of apartment units, including studio, 1-bed, 2-bed, and 3-bed options. These designs are linked to cost and carbon data, with bill of quantities already calculated. The system generates Digital Twins of fully finished and styled apartments, ready for structural engineering.
Data-Driven Hybr Sales Integration
Key MetaConnex Feature: Seamless integration with Hybr’s Sales platform for real-time, data-driven pre-sales, securing early revenue and reducing financial risk.
Outputs
Interior Designs and Architecture
Pre-populated with selectable finishes and styles.
Sales and Development Documentation
Ready for use in marketing and pre-sales.
Cost
Free
(Included within the MetaConnex Platform)
Time Required
Instant, with designs generated at the click of a button.
Risk
Minimal, as the system allows for rapid adjustments to designs based on market feedback without significant additional costs.
The detailed planning application involves the submission of all required documents, including environmental and structural surveys. This phase is typically the most time-consuming and resource-intensive part of the development process.
Cost
London
£1M - £2M
Manchester
£800K - £1,5M
Time Required
6-12 month
Risk
High, as any issues uncovered during surveys or objections from the community or planning authorities can lead to delays and increased costs.
MetaConnex, having integrated all necessary data layers during the earlier stages, is prepared to submit a full detailed planning application. The only additional requirements are the environmental and structural surveys, which are streamlined due to the comprehensive digital twin already developed.
Cost
Minimal Planning Costs
Minimal, primarily the costs associated with five key meetings with council planners and surveys.
Time Required
1-2 months
Risk
Significantly reduced due to the early and integrated use of digital twin technology, which preempts many of the issues typically discovered later in the process.
This phase involves detailed architectural design, structural engineering, mechanical, electrical, and plumbing (MEP) systems, and landscaping design. These designs must be carefully coordinated to ensure that all elements of the building work together seamlessly.
Cost
London
£5M - £10M
Manchester
£800K - £1,5M
Time Required
12-18 months
Risk
High, due to the complexity of coordinating multiple design disciplines and the potential for costly changes if issues are discovered late in the process.
With the MetaConnex modeller and integrated interior library, the design work is focused solely on structural design and MEP systems to fit the massing requirements. The interiors are pre-designed, allowing for faster and more efficient design work. The structural design and MEP systems can soon be automated based on energy loads per unit.
Cost
£500K - £1M
Time Required
2-3 months
Risk
Greatly reduced due to the modular approach, which limits the need for rework and allows for quick adaptation to any changes in project scope.
Preparation and submission of comprehensive financial documentation to banks or investors, often involving significant back-and-forth to satisfy all parties' requirements.
Cost
London
£100K - £200K
Manchester
£80K - £160K
Time Required
3-6 months
Risk
High, as delays in securing finance can hold up the entire project.
With the MetaConnex modeller and integrated interior library, the design work is focused solely on structural design and MEP systems to fit the massing requirements. The interiors are pre-designed, allowing for faster and more efficient design work. The structural design and MEP systems can soon be automated based on energy loads per unit.
Cost
Free
(Included within the MetaConnex Platform)
Time Required
Instant, with submissions completed at the click of a button.
Risk
Minimal, as the system ensures that all financial data is consistent and up-to-date, reducing the likelihood of delays.
This phase includes the entire construction program, detailed plans, tendering processes, and procurement. It involves coordinating multiple contractors, managing supply chains, and ensuring that all aspects of the build align with the original design and planning requirements.
Cost
London
£50M - £100M
Manchester
£40M - £80M
Time Required
24-36 month
Risk
High, due to the complexity of construction projects, which often face delays, cost overruns, and supply chain issues.
At this stage, MetaConnex utilises all BIM models to integrate with the supply chain. The platform anticipates creating a Dynamic Purchasing System (DPS) and tendering system. The first case study will link the confirmed interior plan units to a Middle East interior unit manufacturer, submitting these to contractors all aligned with a golden thread of traceability through smart contracts on the land.
Cost
Only costs associated with tendering.
Time Required
12-18 months
Risk
Greatly reduced through the integration of BIM with the supply chain, ensuring that all components are pre-coordinated and traceable, minimising the risk of delays and cost overruns.
£1,000,000 - £2,000,000
According to various industry sources, including BuildPartner, the average construction cost per square metre in London can range from £2,714 to £3,287, depending on the specification, while in the North of England, it can range from £2,182 to £2,684 (Sources can be provided)
The build costs in the UK increased by approximately 4.0% in the year leading to Q3 2023 and are forecasted to rise by 17.6% over the next five years (Sources can be provided)
Legal costs and land preparation, including master planning and securing MoUs, can add significant upfront costs to a development project, especially in urban centres like London (Sources can be provided)
Total Cost Savings
£8,350,000 - £16,700,000
Total Cost Savings
3.5 - 6.5 years
Total Cost Savings
£7,080,000 - £14,060,000
Total Cost Savings
3.5 - 6.5 years
1
The equity stake would be equivalent to the total value of sunken costs avoided and the reduced time in development stages directly impacted by MetaConnex.
Calculation
For example, in a Manchester-based project where MetaConnex saves between £7,080,000 and £14,060,000, you could negotiate an equity stake equivalent to this amount. This stake could be structured as a percentage of the total project value, reflecting the value added by reducing both financial outlay and project timeline.
2
Example Calculation for Manchester
Cost Savings
£7,080,000 - £14,060,000
Time Value Savings
Calculated based on reduced development time (considering interest rates or opportunity cost of capital).
MetaConnex Costs
Assume a conservative estimate of £500,000 for implementation across the stages covered.
RoI
With the savings significantly outweighing the costs, the RoI would be substantial, demonstrating the value MetaConnex brings to the project.
3
Equity Negotiation
Use the calculated savings to negotiate an equity stake in the development project. For instance, if the total savings in a Manchester project are £7,080,000, propose an equity stake corresponding to this value in the total project equity.
Time-Linked Value
Emphasise the benefits of reduced time to market, which enhances the project's overall value and can increase its market valuation.
4
Lower Borrowing Costs
The reduced timeline and lower project risk can lead to more favourable financing terms, reducing overall borrowing costs.
Enhanced Investor Confidence
The efficiency and cost-effectiveness of MetaConnex can boost investor confidence, making it easier to secure funding at favourable rates or higher valuations.
5
Optimizing Equity Stakes
By excluding the manufacturing and construction phase from the equity calculation, the focus is on the direct, predictable savings achieved through MetaConnex. This refined strategy provides a strong basis for negotiating equity stakes based on the significant value MetaConnex adds to the development process, resulting in a higher RoI and a more attractive proposition for all stakeholders involved in the project. For a project in Manchester, this strategy could justify requesting an equity stake ranging from 15% to 35% of the development, depending on the specific savings and time reductions achieved.
Manchester
Cost Savings as Equity
In Manchester, the cost savings from using MetaConnex range from £7,080,000 to £14,060,000. These savings reduce the overall project risk by lowering the financial exposure and capital required for development stages like planning, design, and sales preparation.
Time Savings as Equity
The reduction in development time—3.5 to 6.5 years—is also a significant factor. This time saving not only reduces carrying costs (e.g., interest on loans, taxes) but also accelera
Manchester
Percentage of Development Cost Savings
Assuming the total development cost in Manchester (excluding manufacturing and construction) is approximately £47 million to £93 million, the MetaConnex savings of £7.08 million to £14.06 million represent 15-28% of the traditional development costs.
Risk Reduction Premium
Given the substantial reduction in project risk and the accelerated timeline, you could argue for an equity stake higher than the cost savings alone. This additional premium accounts for the strategic advantage of quicker market entry and lower financial risk.
Manchester
Base Calculation
With cost savings alone, you could justify requesting an equity stake of 15-28%.
Enhanced Equity Request
Considering both the cost savings and the additional value from time savings and risk reduction, you might target an equity stake of 20-35%. This range reflects both the tangible savings and the intangible benefits of using MetaConnex.
Cost Savings
£7,080,000 -
£14,060,000
Percentage of
Development Cost Saved
15-28%
Recommended Equity
Stake Reques
20-35%
Business Model 1
Target Audience
Developers or investors involved in large-scale regeneration projects.
15-28%
MetaConnex acts as an equity partner, taking a stake in the development project based on the value of cost savings and time reductions achieved through its services. Fees are only charged for required surveys and structural work.
20-35%
Equity split proportional to the savings provided by MetaConnex.
MetaConnex covers the majority of the planning, design, and sales preparation stages, excluding only necessary surveys and structural engineering.
The equity stake is negotiated based on the specific savings and benefits
1
Business Model 1
Overview
Target Audience
For example, in a Manchester-based project where MetaConnex saves between £7,080,000 and £14,060,000, you could negotiate an equity stake equivalent to this amount. This stake could be structured as a percentage of the total project value, reflecting the value added by reducing both financial outlay and project timeline.
Structure
MetaConnex acts as an equity partner, taking a stake in the development project based on the value of cost savings and time reductions achieved through its services. Fees are only charged for required surveys and structural work.
Core Features
Equity split proportional to the savings provided by MetaConnex.
MetaConnex covers the majority of the planning, design, and sales preparation stages, excluding only necessary surveys and structural engineering.
The equity stake is negotiated based on the specific savings and benefits
Cost and Time Savings Across Regions
North England
Cost Savings
£7M - £13,5M
Time Savings
3.5 - 6.5 year
Midlands
Cost Savings
£7M - £13,5M
Time Savings
3.5 - 6.5 year
East of England
Cost Savings
£7M - £13,5M
Time Savings
3.5 - 6.5 year
North West
Cost Savings
£7M - £13,5M
Time Savings
3.5 - 6.5 year
West Midlands
Cost Savings
£7M - £13,5M
Time Savings
3.5 - 6.5 year
South West
Cost Savings
£7M - £13,5M
Time Savings
3.5 - 6.5 year
London
Cost Savings
£7M - £13,5M
Time Savings
3.5 - 6.5 year
Equity Stake Range
Range
15% to 35% depending on the region, project scale, and total savings.
2
Business Model 2
Overview
Target Audience
Local councils, government bodies, and nonprofit organisations involved in public sector developments
Structure
MetaConnex offers a subsidised rate (50% of the standard costs) while maintaining the significant time savings and cost efficiencies.
Core Features
50% reduction in fees for services including planning, design, and sales preparation.
Retains full time savings as in the traditional MetaConnex process.
Ideal for publicly funded regeneration projects where budgets are constrained but the need for efficiency is high.
Subsidised Costs Across Regions
North England
Traditional Cost
£14,000,000 - £27,000,000
Subsidised Cost
£7,000,000 - £13,500,000
Time Savings
3.5 - 6.5 year
Midlands
Traditional Cost
£14,000,000 - £27,000,000
Subsidised Cost
£7,000,000 - £13,500,000
Time Savings
3.5 - 6.5 year
East of England
Traditional Cost
£14,000,000 - £27,000,000
Subsidised Cost
£7,000,000 - £13,500,000
Time Savings
3.5 - 6.5 year
North West
Traditional Cost
£14,000,000 - £27,000,000
Subsidised Cost
£7,000,000 - £13,500,000
Time Savings
3.5 - 6.5 year
West Midlands
Traditional Cost
£14,000,000 - £27,000,000
Subsidised Cost
£7,000,000 - £13,500,000
Time Savings
3.5 - 6.5 year
South West
Traditional Cost
£14,000,000 - £27,000,000
Subsidised Cost
£7,000,000 - £13,500,000
Time Savings
3.5 - 6.5 year
London