{"id":4022835,"date":"2019-02-05T10:06:48","date_gmt":"2019-02-05T10:06:48","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=4022835"},"modified":"2019-02-05T10:06:48","modified_gmt":"2019-02-05T10:06:48","slug":"manchester-construction-hits-record-heights","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-hk\/2019\/02\/05\/manchester-construction-hits-record-heights\/","title":{"rendered":"Manchester construction hits record heights"},"content":{"rendered":"
Residential construction is at record levels in Manchester, and there\u2019s also momentum in the building of office space around the city.<\/strong><\/p>\n The city\u2019s skyline features dozens of cranes, a fact underlined by Deloitte\u2019s new Regional Crane Survey. It reveals that nearly 14,500<\/strong> residential units were being built in Manchester in 2018, 30% up<\/strong> on 2017 and double the amount recorded just two years earlier. Altogether, there are 78 sites<\/strong> currently being built in the city<\/p>\n At 2,659,<\/strong> the number of units actually completed and delivered in the city was the highest number recorded since 2006. Deloitte report that the trend for Manchester is that the number of homes finished in the next three years will outstrip the previous 10 put together. They also anticipate that 2020 will see the highest rate of delivery since the crane survey began in 1999.<\/p>\n Taking a deeper dive into the Manchester survey further reveals how residential and office construction is on the up. The number of projects started in 2018 was up to 44, 12 more<\/strong> than the previous year, with three-quarters of the new starts dedicated to either offices or homes.<\/p>\n The 13<\/strong> new office developments that got under way last year total over 2 million sq. ft,<\/strong> which reflects the demand in the city where the take-up of office space reached a record level of 1.75 million sq. ft<\/a> in 2018.<\/p>\nOffice construction surge<\/h4>\n