What is Bloc Regeneration exactly?
When combined, the two concepts create a powerful synthesis of community driven and community inclusive boost of economic growth. Put simply, Bloc Regeneration takes the abandoned or empty sites in cities that are no longer economical and transforms them into community hubs of innovation by providing low cost, low commitment alternatives to office space, store frontage, and organizational spaces. It is the stimulation of sustainable economic growth by locals for locals, built bloc by bloc.
The key attribute that not only makes Bloc stand out and gives us the ability to provide the sustainable growth that corporate companies like WeWork and Knotel cannot, is our dedication to being available to everyone and our focus on local residents. We can do this because like Bloc Retail and Bloc Office, Bloc Regeneration also uses retired shipping containers as a cost-effective and sustainable alternatives to using new building materials. We work with community leaders and organizers to ensure our contribution to the surroundings stimulates solid growth from within the community as opposed to just catering to elites.
We work with community leaders and organizers to ensure our contribution to the surroundings stimulates solid growth from within the community as opposed to just catering to elites.
Why do we need it?
Bloc is the nonintrusive and community-oriented response to community development. Bloc engages the resources and people already in the local area in regenerating their own cities, raising up not only the economical status of the city, but also that of residents already there. We encourage investment in the community by the community.
Our focus is on incremental economic growth, as opposed to the more common cataclysmic growth seen in most cities today. Where
cataclysmic growth causes economic exploitation of a place and its residents, incremental growth raises the community with the spur of economic
growth in a city.
At Bloc, our mission is community ownership: to create investments that directly benefits and responds to the desires and needs of longtime residents. With Bloc, residents are in control of, and benefit from, the development of their local communities. Growth happens not from outside money coming in, but from inside the community.
Who gets to engage in a Bloc Regeneration project? Everyone is a part of a regeneration project.
The first stage is setting the stage. The project begins with BLOC working in tandem with local government and counsel in sourcing local resources, choosing a project site, and researching local policies. This is done through a free regeneration consultation.
After everything is planned out, the upcycled shipping containers are brought in and decked out and a once abandoned unused land
turns into a community hub.
The next stage gets local entrepreneurs and business owners involved. Free workshops and training courses will be provided to residents of the community. These will cover important business topics such as marketing strategizing techniques and financial planning.
Those who are interested in starting something at the regeneration hub can choose to continue on to the free business setup process in which everyone is provided the office/retail/organizational space they need and ongoing business counseling. Once up and running, local businesses only have to pay a monthly percentage of their profits. The sliding scale ensures that each business is contributing to the upkeep of the community in a fair way for everyone.