Birmingham’s Crane Survey breaks new ground in 2024. For the first time in its 20+ year history, the Survey expands its boundaries to align with the definition of the city centre in the new Our Future City Plan in 2024. This means that this year, we set a new baseline for comparative data in the Birmingham Crane Survey. Although this does mean this year’s survey is not year-on-year comparable, as the city is striving to break boundaries, it is only fitting that we match this ambition.
The Birmingham Crane Survey charts development activity in the city across 2024 in the following key sectors: residential, student residential, office, hotel, retail, education and healthcare. It provides thematic analysis to accompany an overview of key statistics for the year in review.
The Birmingham Crane Survey 2024 recorded the completion of 24 schemes in the survey area with 36 developments under construction. 11 new schemes started on site in 2024: the lowest number of new starts recorded by the Birmingham Crane Survey since the year 2020, indicating a slowing down in the construction sector.
Over half of the new starts are residential-led developments, as residential use continues to dominate the development sector in 2024. However, rising inflation as well as labour and construction costs, influenced by global economic factors, pose a challenge to development activity. The retail, healthcare, education and hotel sectors reflect a slowing of activity, with no schemes starting construction in 2024. Despite a challenging economic backdrop, office and student residential sectors are showing strong levels of floorspace under construction as compared to previous years.
completed - the highest amount in Birmingham Crane Survey history
the lowest recorded number since 2020, with 36 developments remaining under construction
sq. ft. of office floorspace delivered and a further 814,574 sq. ft. under construction
student accommodation bedspaces under construction - the highest level recorded by the Birmingham Crane Survey
Global economic and political factors challenged the construction sector and impacted development activity in Birmingham in 2024. While levels of office, residential and student residential schemes under construction remain stable, fewer schemes started on site. What needs to be done to get Birmingham building in 2025 and beyond?
The City Heart remains the hub for residential and office development in Birmingham, while the City North, home to the Birmingham Innovation Quarter, is expected to see increased levels of educational development in the coming years.
Emerging as a hub for sporting activity in the wake of the 2022 Commonwealth Games, Birmingham must forge a strong brand to attract investment and stimulate development in the hotel, retail and leisure sectors moving forward.