Leeds Crane Survey 2021

Despite a year of uncertainty, 2020 has maintained the same number of new starts when compared to 2019. We have seen the second highest quantum of office floorspace delivered in the history of the Leeds Crane Survey, as well as a sustained level of activity in the residential sector. The skyline of Leeds City Centre continues to develop with a number of notable schemes under construction and in the pipeline, and so we expect 2021 to be another strong year for construction.

Key findings

Office space completed 667,059 sq ft – compared to 712,960 sq ft in 2016 and 515,800 sq ft in 2007.
4 new starts in the office sector, on par with the Leeds Crane Survey average of 4.4 per year.
2,662 residential units under construction – 6% down on 2019 following the completion of 1,211units.
4 new starts comprising 731 units – just below crane survey average of 5.
Slowing delivery of student accommodation with 1 new start.
One new hotel development has commenced and pipeline remains strong.
Impact of COVID-19 on retail core including major store closures.
Delivery of developments contributing to Leeds Innovation District by Universities and Hospital Trusts