Insights

The Manchester Crane Survey 2017

Transforming the skyline

2016 presented major opportunities for the future prosperity and growth of the city region. The handover of the devolved health budget, HS2 commitments and a formal remit for Transport for the North have formed the basis of a renewed regional optimism. But how has this sentiment materialised and driven delivery on the ground into 2017?

Manchester’s resurgence - unparalleled scale and volume of construction

The key findings show:

  • Number of new starts up by 40% from previous high in 2007 levels
  • An unprecedented 6,963 residential units under construction exceeding former record by 2,994 units
  • Transformation of the skyline with four residential schemes over 25 storeys under construction and six planned for 2017
  • Residential construction pipeline extends to 2020
  • 558,100 sq ft of office space delivered, highest volume since 2008
  • Lucrative Manchester office rental market with headline rents at £35 per sq ft for prime space
  • 63% increase in hotel beds under construction compared to January 2016 with the largest delivery of complete rooms since 2006
  • Approximately 199,000 sq ft of new additional education or research floorspace under construction

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Explore our findings

City Core
Spinningfields / Leftbank
Northern Fringe
Southern Arc
Salford Fringe
Manchester Periphery

Scheme number:

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Development pipeline

Office

Volume of new starts

Residential volume under construction

About Deloitte Regional Crane Surveys

The Deloitte Regional Crane Survey reports on development activity, examining the key sectors and external market factors influencing City Centre construction.

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