{"id":63685,"date":"2019-09-23T10:20:55","date_gmt":"2019-09-23T09:20:55","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=63685"},"modified":"2019-09-23T10:57:16","modified_gmt":"2019-09-23T09:57:16","slug":"reuben-brothers-project-etopia","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/mmc-news\/reuben-brothers-project-etopia\/63685\/","title":{"rendered":"Reuben brothers inject \u00a319m into modular housebuilder Project Etopia"},"content":{"rendered":"

Billionaire brothers, David and Simon Reuben have invested \u00a319m in modular housebuilder, Project Etopia<\/a><\/h2>\n

Project Etopia was founded in 2015 by Joseph Daniels, 27, and has opened a factory in Ellesmere Port with the capacity to produce 2,000 homes a year. It specialises in modular homes<\/a> that combine energy-efficiency with affordability and accelerated construction.<\/p>\n

Support from the Reuben Brothers follows an earlier injection of capital from Lord Stanley Fink<\/a>, who is chairman of the modular housebuilder.<\/p>\n

A spokesperson for the Reuben Brothers, said: \u201cProject Etopia has set out its stall in building elegantly-designed, high-quality eco-homes and is already demonstrating how its vision aims to make a big impact to address the UK\u2019s housing crisis<\/a>.<\/p>\n

\u201cThe company has an enormous ambition to revolutionise the housing industry, and we are pleased to support an important pioneer in the sector. The day when offsite construction arrives as a mainstream method within house-building is drawing ever closer and our investment will provide Etopia the resource needed to deliver on its goals as soon as possible.\u201d<\/p>\n

Project Etopia chief executive Joseph Daniels, commented: \u201cReuben Brothers\u2019 significant investment in Project Etopia is a huge endorsement by an eminent investor of what we are doing and marks an enormous milestone in the company\u2019s history.<\/p>\n

\u201cThere is no place for poor quality housing in the UK, and we are demonstrating that high-quality affordable housing can be built at great speed with a drastically smaller environmental footprint. With a growing pipeline of future projects, this latest investment will ensure we can take full advantage of the demand which exists for new homes that use the latest offsite techniques.”<\/p>\n

The company is currently building a development of 31 houses and 16 apartments on a site in Corby, Northamptonshire, using modular prefabricated components.<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

Billionaire brothers, David and Simon Reuben have invested \u00a319m in modular housebuilder, Project Etopia.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[942],"tags":[464,283,572,916,627,696],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-63685","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-mmc-news","7":"tag-contributor-profile","8":"tag-finance","9":"tag-housebuilding","10":"tag-modern-methods-of-construction","11":"tag-modular-construction","12":"tag-offsite-construction"},"acf":[],"yoast_head":"\nReuben brothers inject \u00a319m into modular housebuilder Project Etopia<\/title>\n<meta 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