Marc is co-founder and CEO of Pocket, London’s only specialist developer that concentrates solely on affordable housing for the squeezed middle. Pocket builds award winning affordable housing in London which requires no grant, remains affordable by being income targeted and sells its homes outright to people on low to moderate incomes. With a pipeline of over 200 homes per annum, the company has delivered and successfully sold schemes in Camden, Ealing, Hounslow, Westminster and Hammersmith & Fulham and has received critical support from local, regional and national government. Pocket also has managed JV’s with a number of large corporate partners including Land Securities, Wates Development and Linden Homes.
Pocket Living - London
On October 24, join us for cocktails and conversation with developer Marc Vlessing and architect Michael Sorkin on building affordable housing in London.
As chief executive officer for Pocket Living, Marc develops new housing with compact units of approximately 400sf, bike storage, and other shared amenities. Through their efficient designs, Pocket is able to sell units directly to first-time buyers earning below the $66,000 affordable housing limit set by the mayor of London. Buyers are not permitted to rent their properties, and are required to sell to other Londoners earning middle-income wages. While compact units have come under fire by the Royal Institute of British Architects, the Mayor of London has recently endorsed Pocket with a £25m investment to develop over 1,000 new homes by 2021.
How should cities address the affordability crisis facing working- and middle-class urbanites? Could clever design and policy unlock home ownership for the next generation?
Guest Policy ↓
The Urban Design Forum promotes conversation between invited civic leaders, designers, developers and advocates. Attendance is exclusively available to Fellows of the Forum. Learn more about becoming a Fellow.
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This program is made possible through the support of Kohn Pedersen Fox, Rose Associates, Related Companies and our Director’s Circle.
Shape our year-long inquiry by becoming a program sponsor and promote conversation between our Fellows and invited decision-makers on the future of neighborhood development.
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About Private Development, Public Good ↓
This event is the forth of our Private Development & Public Good program, a conversation series with civic leaders from New York’s peer cities. On its 40th anniversary, the Urban Design Forum launched its new Global Exchange program, to foster dialogue between New York and its peer cities as they pioneer new approaches to housing, infrastructure and open space.
Image credit ↓
Pocket Living (modified by Urban Design Forum)
Michael Sorkin is founding principal of Michael Sorkin Studio, a design practice in New York City devoted to practical and theoretical projects. Diverse projects include planning for a 5000-unit community in Penang, Malaysia, a revitalization plan for Belfast, master planning in X'ian, China, and influential studies of the Manhattan and Brooklyn waterfronts. In 2006, he founded Terreform, a non-profit devoted to research and intervention in urban planning and sustainability issues. He is also the Director of the Graduate Urban Design Program at the City College of New York since 2000.