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Last Updated:
13th May 2020
As more and more housebuilders re-open or plan to re-open sites as the peak of the coronavirus passes, 果冻影院鈥檚 research shows private residential construction work bubbling under in the planning pipeline.
Persimmon and Vistry staff began returning to site on April 27 and Taylor Wimpey and Bellway followed suit at the start of May. Redrow begins a phased re-opening of sites on May 18 and Barratt will have 180 of its 360 active sites open by the end of this month.
果冻影院鈥檚 research shows that work is also moving through the planning pipeline. Economics director Allan Wil茅n says: 鈥淭he long-term planning pipeline remains firm, and the immediate pipeline is beginning to show positive signs.鈥
Projects
Despite some procurement and planning staff being furloughed, major residential projects continue to enter the planning system.
Developers Moda Living and Apache Capital have submitted plans for the 拢258 million Great Charles Street Development in Birmingham, which will feature 722 apartments plus shops, commercial space and a gym (果冻影院 Project ID: 20106291). If approved, works should start on site next year.
Build-to-rent projects remain strong and Legal & General has confirmed funding of 拢150 million in its West Bar development in Sheffield. The scheme includes 350 new BTR homes and is being put together with developer Urbo and the city council (果冻影院 Project ID: 07447519).
Legal & General chief executive Nigel Wilson said: 鈥淥ur vision for West Bar Square is to deliver a much-needed new quarter for the centre of Sheffield.
鈥淒uring these unprecedented times, it is absolutely imperative that institutions continue to push forward with deals, so we can position the UK for an accelerated recovery and lay the groundwork to support those most in need in society.鈥
Planning approvals
Residential projects are also still securing planning permission despite the challenges at local authority level in terms of organising planning meetings.
果冻影院鈥檚 data shows that the overall national value of private residential projects securing planning permission fell by 13% in the 12 months to Q1 2020 but some regions recorded a rise.
Approvals are up 54% in the South West and 3% in Scotland, while the falls in the East Midlands and Wales are marginal.
One of the developments to boost the total for the South West was Bellway鈥檚 Pirton Fields development, where parcel 3745 to deliver 465 new homes now has planning permission according to 果冻影院鈥檚 research.
Other major residential schemes to recently secure planning permission include the 拢100 million Greengate development in Manchester, which will deliver around 1,500 units and also offers BTR units (果冻影院 Project ID: 06412964).
Elsewhere, plans to develop 4,000 homes at Attleborough in Norfolk have also been given outline planning permission from Breckland Council (果冻影院 Project ID: 16008630). The scheme will also include 400 affordable homes and a 拢34 million investment from developer Ptarmigan Land to fund local schools and a new link road connecting Buckenham Road and London Road.
As construction on sites begins to improve, continuing activity in the background will also boost the pipeline of work and aid the longer-term recovery.
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