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Commercial Property

Birmingham enjoying record levels of construction

Newly published report shows highest levels of development in Birmingham in more than a decade

Drone video of Central Library demolition for the Paradise project in Birmingham city centre

Birmingham is enjoying the highest level of development for 15 years, according to a new annual report.

The 2017 Crane Survey measures the volume of development taking place across central Birmingham and its impact and says the city is currently seeing the most construction work since its publication started in 2002.

Property types factored into the research include office, retail, leisure, residential, student accommodation, education and hotels and the report covers the main city centre area alongside Digbeth, Jewellery Quarter and Edgbaston.

To be considered, offices and retail must be a minimum of 10,000 sq ft and residential developments must have at least 25 units.

Education, leisure and hotel schemes must be considered significant by the authors to be included.

There was 1.45 million sq ft of new office space under construction in 2016, compared to 969,000 sq ft in the previous year, while there has been a ten-fold increase in residential schemes and more than 1,000 student bed spaces in the pipeline.

Major schemes at Arena Central in Broad Street, the near the Bullring and more

Edwin Bray, partner at Deloitte Real Estate in Birmingham and author of the Crane Survey, said: "Improvements in transport links and major infrastructure works have opened up new development opportunities in areas that would have been considered peripheral just a few years ago.