The number of projects under construction and the amount of pipeline schemes proposed is up across Manchester and Salford, according to the latest three-month development update from student and property enthusiast Ed Howe.
In the Manchester Development Update, produced for the period between February to the start of May, the number of projects under construction increased from 70 to 77.
The amount of projects which are shovel-ready and expected to start on site in the next three months, has remained steady at 26, indicating that the pipeline flow is healthy. Nine of these are projects are new to the list, meaning that in the last quarter they had just been approved or had not advanced to site clearance stage.
Projects with planning applications not yet approved stands at 56, up from 47 in November. This is attributed to large-scale schemes such as Renaker’s Owen Street and Bruntwood and Select Proeprt’s Circle Square where each block and tower is counted separately, putting forward planning applications.
The report shows that there are a lot of planning applications, but not as much construction, with almost double the amount of schemes in the approval category as under construction.
The number of new projects has remained constant. Between November 2015 and February 2016 there were 30 new projects announced, and that remains the same between February 2016 and now.
Click here to download the May Development Update 2016
- Howe is studying for a master’s degree in city planning at Newcastle University and is originally from Salford. He also produces the Manchester Development Map, which indicates the locations of proposed buildings, as well as those projects that have been granted planning permission or are under construction.