Construction is routinely looked to as a marker for the economic health of a city or region. Our Real Estate Regional Crane Surveys highlight this link between development and prosperity, examining the external influences and key market drivers of city centre construction.
Belfast
Belfast has seen continued development with student accommodation, hotels, and the opening of the Grand Central Station. Like other cities, it has seen limited office development. Residential development is anchored in one large development due to complete in 2026, with many watching to see if this will trigger new momentum.
Birmingham’s Crane Survey breaks new ground in 2024. For the first time in its 20+ year history, the Survey expands its boundaries to align with the definition of the city centre in the new Our Future City Plan in 2024. This means that this year, we set a new baseline for comparative data in the Birmingham Crane Survey. Although this does mean this year’s survey is not year-on-year comparable, as the city is striving to break boundaries, it is only fitting that we match this ambition.
In another challenging year of uncertainties and change, Leeds city centre is demonstrating resilience. Significant progress is being made in creating an inclusive, liveable and connected city centre, that is also fostering innovation. Effectively communicating the unique strengths and opportunities Leeds has to offer is becoming increasingly important in articulating a clear vision for sustainable and inclusive growth.
Manchester and Salford continue to demonstrate remarkable resilience in the face of economic headwinds, solidifying their position as a thriving hub in the UK. This enduring strength is evident in the cities’ diversified economy, commitment to social equity, and focus on sustainability. While the construction sector faces challenges, Manchester's skyline remains active with cranes, reflecting ongoing investment in its future.
