Building blocks of the future Leeds Crane Survey February 2019
Contents
Contents 01 The Report 02 Key Findings 03 Development Snapshot 04 1. Office 05 2. Student Accommodation 07 3. Health and Education 09 4. Residential 10 5. Hotels, Leisure and Public Realm 12 6. Outlook 14 Development Map 17 Development Table 18 Endnotes 24 Contacts 25 Building blocks of the future | Leeds Crane Survey 2019
The Report
What? A report that measures the volume of development taking place across central Leeds and its impact. Property types include office, retail leisure, residential, student accommodation, education and hotels.
Where? Leeds, covering the city core and city centre fringes.
Who? Developers building new schemes or undertaking significant refurbishment of the following: Size minimum = office – 10,000 sq ft, retail – 10,000 sq ft, residential – 25 units, education, leisure and hotel schemes – significant schemes for inclusion.
When? The report covers the period from January 2018 to December 2018.
How? Our Real Estate team in Leeds has monitored construction activity across the city centre. Our field research is then verified with direct industry links and in-house property experts.
02 Building blocks of the future | Leeds Crane Survey 2019
Key Findings
21 new starts – Second highest highest since 2007 office space under construction in history of Leeds Crane Survey – 804,257 sq ft
Most Health and 2,232 residential units Education floorspace currently under under construction construction across since the start of the the city centre Leeds Crane Survey (second highest in – 743,000 sq ft history of Leeds Crane Survey).
Most student housing new starts (4) and student bedspaces under construction in history of Leeds Crane Survey – 2,768 compared to annual average of 704 (since 2007).
03 Building blocks of the future | Leeds Crane Survey 2019
Development Snapshot
Which sectors are the most active? (Number of schemes under construction)
6 5 Office PBSA 6 Education 7 Residential
1 Hotels 1 Retail and leisure 1 Healthcare 1 Infrastructure