I doubt there's a city code in the land this would not violate very nearly every clause of. But a similar thing that could actually evolve into something disruptive is something like this: http://www.cbsnews.com/stories/2007/02/16/business/realestat...
Along the same lines as your link, there's a company here in Alberta that is building houses that are pre-fabbed in a warehouse and put together onsite in under a day.