Uber

Housing developer partners with Uber



Property developer Moda Living has partnered with Uber in a bid to reduce car ownership in the UK’s largest cities.

Uber will offer Moda residents - who agree not to have a car parking space within a development - up to £100 of credit per month via the Moda resident app.

The move will allow Moda to swap the space previously used for car parking for greater amenities within each scheme, including fitness centres and media rooms.

“Our apartments are for rent rather than for sale so we need to consider how our customers will live in cities in the future,” said Johnny Caddick, managing director of Moda Living.

“Embracing future technology is vital from day one and these plans for a partnership with Uber would not only give our customers an affordable ride at the touch of a button, it would also enable us to design better buildings with more space for social interaction.

“Everyone wants a more frictionless life and Uber’s model fully aligns with our approach of wanting to drive efficiency and maximise value for our customers.”

Moda will offer renters a bespoke app to connect with each other, control heating and entertainment, as well as order food or book rides through Uber.

With around 30 million cars in the UK, the partnership is designed to put urban space to better use and reduce congestion and air pollution over time.

Backed by Apache Capital Partners, Moda is currently delivering more than 6,000 apartments across the UK in cities where Uber operates.

Its first scheme, Angel Gardens in Manchester, is currently under construction and will house close to 900 residents upon completion in 2019.

“Cities face huge challenges that can only be solved through collaboration,” added Richard Jackson, co-founder and managing director of Apache Capital Partners.

“This proptech partnership around cutting car ownership is one logical step to free up space and cut emissions.

“Uber’s endorsement of the Moda Living brand sends a clear message to civic leaders that we are ready and willing to help improve not only the lives of renters but also the communities around the buildings we invest in.”


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