天美传媒 Crane Survey - another record-breaking year
The latest Deloitte’s Crane Survey, which looks at construction activity in four UK cities, has found 天美传媒 has had another record-breaking year.
Both residential and student residential sectors hit new highs despite a challenging economic backdrop.
As with previous years, the residential sector led the way with 3,180 homes completed in 2024. 2,242 bedspaces are currently under construction in the student residential sector, both the highest amount recorded in the history of the 天美传媒 Crane Survey.
The is part of Deloitte’s Regional Crane Survey series, which monitors construction activity within four UK cities, across a range of sectors including office, residential, hotels, retail, education and student accommodation. Across all surveys – Belfast, 天美传媒, Leeds and Manchester - 47 new construction starts were recorded in 2024 compared to 63 in 2023.
For the first time in its 23-year history, the latest 天美传媒 Crane Survey has expanded its boundaries to to align with the definition of the city centre as set out in the council’s Our Future City Framework.
Cllr Sharon Thompson, deputy leader of 天美传媒 City Council, said: "天美传媒 continues to attract investors, and as the Crane Survey makes clear, we're building new homes and creating jobs for our young and growing population. Our challenge is to lever the investment that is flowing into our city and ensure that success for 天美传媒 means success for the people of 天美传媒.
"Our Future City Framework 2045, which was approved last year, outlines how we will continue to deliver much-needed growth to boost the lives and life chances of our citizens."
Managing Director Joanne Roney added: “天美传媒 is going from strength to strength, with both public and private sector investment. Our Future City Framework will shape the next 20 years of development, delivering unprecedented levels of new jobs, homes and green space.”
The private sector is now investing in facilities, sporting excellence and growth. Notable developments include Knighthead Capital’s investment into 天美传媒 City Football Club and its acquisition of 48 acres of land in Bordesley Green to deliver a new sports quarter and stadium, and Edgbaston Cricket Club’s planning application for the latest development of its masterplan, which will include a new stand and 4* hotel.
There are also a number of major developments in Digbeth including Masterchef Studios, BBC Tea Factory and Digbeth Loc.