Regional Construction Hotspots in Great Britain 2018

Regional Construction Hotspots in Great Britain 2018

Aforward-lookinganalysisofconstruction activitybyregionandbysector. RegionalConstruction HotspotsinGreatBritain2018 BROUGHTTOYOUBY... BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section. Overview Key regional hotspots Key regional coldspots East of England REGION FOCUS... East Midlands London North East North West Scotland South East South West Wales Yorkshire & Humber West Midlands UKConstruction Hotspots REPORT 2018 HS2 Hubs CASE STUDY... Methodology Home About the CPA

Regional Construction Hotspots in Great Britain 2018

London is the UK’s largest regional economy and construction gross value added (GVA) in 2016 (the latest available from the ONS) was £19.5 billion, accounting for 18% of the UK total.

With a construction GVA of £17.5 billion, the South East accounts for a similar proportion of UK construction (16%), which can lead to bias in perceptions of growth and activity in other regions of the country (see fig. 1.1). Indeed, when thinking about regional construction activity, the relative size of the London and South East economies, populations and concentration of the services-based industry, it is easy to think that the majority of construction work is taking place in these regions.

By using ONS regional economic data, it becomes clear that despite its overall dominance, there were only three London sub-regions in the top ten largest local authority areas for construction activity in 2016: Westminster, Harrow and Hillingdon, and Camden and City of London (see fig. 1.2). Similarly, three sub-regions in the South East feature in this ranking. Furthermore, it is Hertfordshire, in the East of England, which is recorded as the sub-region with the largest value of construction activity in 2016. Parts of the West Midlands and South West complete the top ten list, underscoring the fact that there are large areas of activity beyond the traditional engines of growth.

This piece of work seeks to analyse construction contract awards on a high level of regional granularity, firstly to identify pockets of growth or contraction – hotspots and coldspots – in regional activity and secondly, to offer a forward-looking indication of growth by region and by sector. One of the challenges in using such granular data is the large lags in reporting of official output data, as evidenced by the most recent macroeconomic data published by the ONS being for 2016. By using data on contract awards over 2017, this will highlight construction work ahead, rather than reporting on activity is past periods that may not be relevant.

OVERVIEW... TheUKConstructionIndustry FIG 1.2 Source: ONS FIG 1.1 Source: ONS CONTINUED Construction GVA in 2016 – Top 10 £m Region Hertfordshire 3,209 East of England West Surrey 1,804 South East Berkshire 1,759 South East Westminster 1,605 London Harrow and Hillingdon 1,534 London Oxfordshire 1,461 South East Devon CC 1,460 South West Staffordshire CC 1,437 West Midlands Camden and City of London 1,425 London Bath and NE Somerset, N Somerset and S Gloucestershire 1,416 South West Construction GVA in 2016 £m London 19,470 South East 17,501 East of England 12,250 North West 9,383 South West 9,309 Scotland 8,448 West Midlands 8,299 Yorkshire and the Humber 7,532 East Midlands 7,221 Wales 3,814 North East 3,019 In 2016 Hertfordshire yet again recorded the largest value of construction activity London is again the UK’s largest regional economy and construction gross value added (GVA) in 2016 was £19.47 billion ★ BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

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Regional Construction Hotspots in Great Britain 2018

What is a hotspot or a coldspot? Hotspots and coldspots seek to identify regions where contract awards in 2017 were significantly above or below previous years, highlighting pockets of activity of contraction in construction activity over the nearterm horizon. As discussed, some regions of the country host more construction activity than others.

Camden and the City of London, for example, was the ninth largest in terms of construction GVA in 2016. In 2017, it was also in the top 30 largest regions in terms of the value of contracts awarded. However, this was 40% below the value of contracts awarded in the previous year and below the long-term average, so whilst it is a large source of construction work, it is not a hotspot region experiencing growth (see fig. 1.3).

There may also be regions that have recorded strong growth in the value of contracts awarded, but account for a small proportion of overall activity. For example, the Orkney Islands was the second-smallest region in terms of construction activity (£49 million in 2016), but was the fastest-growing region in terms of contract awards in 2017, pushed up by a single residential contract award, in a region with total contract awards of just £78 million (see fig. 1.4 & 1.5). Large growth rates or contractions themselves do not necessarily signify a hotspot or coldspot, which is a key consideration for regions hosting small volumes of construction work, where growth rates on annual basis can be volatile.

The analysis in this publication compares the value of construction contracts awarded in 2017 with the average value of contract awards over the last four years across the residential, commercial and infrastructure sectors. If 2017 contract values are significantly above the long-term The value of contract awards in 2017 – Top 10 £m Annual % change Birmingham 3,800 93% Leeds 3,060 374% Westminster 2,029 68% West Northamptonshire 1,808 198% Tower Hamlets 1,756 -8% Hounslow and Richmond upon Thames 1,755 148% Manchester 1,698 17% Warwickshire 1,628 118% Haringey and Islington 1,288 179% Wandsworth 1,191 359% FIG 1.4 Source: Barbour ABI FIG 1.3 Source: Barbour ABI Growth in contract awards in 2017 – Top 10 £m Annual % change Orkney Islands 78 1472% Leeds 3,060 374% Wandsworth 1,191 359% Brighton and Hove 422 303% Southend-on-Sea 87 291% Gwent Valleys 145 253% Clackmannanshire and Fife 351 244% Essex Haven Gateway 1,093 243% Barnsley, Doncaster and Rotherham 1,029 209% West Northamptonshire 1,808 198% CONTINUED...THEUKCONSTRUCTIONINDUSTRY Orkney Islands recorded the largest growth in contract awards in 2017, with an increase of 1472% ▲ ▼ CONTINUED BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

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Regional Construction Hotspots in Great Britain 2018

average, then this is considered a hotspot. Conversely, a region is considered cold if 2017 contract values are significantly below the long-term average. There are clear hotspots for upcoming construction activity over the next 6-12 months in Great Britain. There were no broad hotspots in 2017 – where contract awards in each of the three main construction sectors of residential, commercial and infrastructure are significantly above the long-term average and nine regions with hotspots in two sectors.

Where hotspots were restricted to a single construction sector, they were spread across the regions of Great Britain. Construction hotspots may also show due to a single large project in one sector. Although these may be viewed as skewing results, they still represent a significant driver of regional growth and activity alongside a key driver of hotspots throughout the country. These tend to be high-value transport or utilities projects in the infrastructure sector where contracts are awarded, but take time to build out. The award of contracts for phase 1 of HS2 in 2017 Q3 has produced clear infrastructure hotspots along the route from London to the West Midlands (see fig.

1.6). In smaller sub-regions, large offices, retail and residential projects can also generate hotspots.

The Regional Construction Hotspots report also covers coldspots. Coldspots also feature across Great Britain and across the three main construction sectors. In London, however, coldspots are clustered in the residential sector, across inner and outer boroughs of the capital. Residential contract awards in 2017 were significantly lower than in 2016 in 18 out of 21 sub-regions of the capital, suggesting that house builders are focusing on the build-out of schemes awarded contracts in 2015 and 2016, rather than new project starts.

CONTINUED...THEUKCONSTRUCTIONINDUSTRY FIG 1.6 Source: Barbour ABI Single projects driving hotspots £m Area Transpennine Rail route upgrade 2,250 Leeds Birmingham Spur (HS2) 1,500 Birmingham Chiltern Tunnels (HS2) 1,300 Hounslow and Richmond upon Thames North portal of Chiltern Tunnel (HS2) 1,300 West Northamptonshire Delta Junction (HS2) 1,300 Birmingham Euston tunnels and approaches (HS2) 900 Haringey and Islington Long Itchington Wood Tunnel (HS2) 900 Warwickshire Rivenhall integrated waste management facility 679 Essex Haven Gateway East Midlands Gateway – rail freight interchange 558 Leicestershire CC and Rutland Riverside Energy Park, Belvedere 500 Bexley and Greenwich FIG 1.5 Source: Barbour ABI Falls in contract awards in 2017 – Top 10 £m Annual % change Isle of Anglesey 34 -93% Norwich and East Norfolk 293 -89% Peterborough 34 -87% Inverness & Nairn and Moray, Badenoch & Strathspey 343 -83% Darlington 29 -82% Powys 62 -81% Wakefield 141 -72% Flintshire and Wrexham 90 -71% Kensington & Chelsea and Hammersmith & Fulham 318 -70% Walsall 42 -70% Despite being top last year, the Isle of Anglesey recorded the lowest growth in contract awards in 2017 with a decrease of 93% The award of contracts for phase 1 of HS2 in 2017 Q3 has produced clear infrastructure hotspots along the route from London to the West Midlands BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

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Regional Construction Hotspots in Great Britain 2018

Hotspots can be driven by a large number of projects awarded contracts in a region, or by a single large project. Manchester is a residential hotspot, for example, driven by the award of contracts for the regeneration of the city centre, and five contracts ranging in value between £77 million and £235 million for developments in Circle Square, Portugal Street East, Princess Street and Jacksons Row.

The status of Leeds as an infrastructure hotspot, on the other hand, is driven by the contract award for the Transpennine rail route upgrade – the largest contract awarded in 2017 at £2.25 billion. Six contract awards for HS2, at values of around £1 billion each, produced infrastructure hotspots in Birmingham, Warwickshire, West Northamptonshire, Haringey & Islington and Hounslow & Richmond upon Thames. Half of the sub-regions in the North West and two-thirds of the sub-regions in the South West were hotspots.

A summary of key regional hotspots by sector is shown here. North East South Teesside Commercial Tyneside Infrastructure London Bexley and Greenwich Infrastructure Croydon Commercial Haringey and Islington Residential Infrastructure Hounslow and Richmond upon Thames Residential Infrastructure North West Blackburn with Darwen Residential Blackpool Residential Commercial Greater Manchester North East Commercial Greater Manchester South East Infrastructure Greater Manchester South West Infrastructure Lancaster and Wyre Commercial Liverpool Commercial Infrastructure Manchester Residential Sefton Infrastructure Warrington Commercial Wales Bridgend and Neath Port Talbot Commercial Central Valleys Infrastructure Gwynedd Commercial Isle of Angelsey Commercial Powys Residential Commercial Swansea Infrastructure West Midlands Birmingham Infrastructure Coventry Infrastructure Sandwell Infrastructure Stoke-on-Trent Infrastructure Warwickshire Infrastructure Yorkshire & Humber Barnsley, Doncaster and Rotherham Commercial Bradford Infrastructure Leeds Infrastructure East Midlands Leicestershire CC and Rutland Infrastructure Nottingham Commercial West Northamptonshire Infrastructure East of England Essex Haven Gateway Commercial Infrastructure Essex Thames Gateway Commercial Southend-on-Sea Commercial Suffolk Residential Commercial Thurrock Commercial South East Brighton and Hove Commercial Central Hampshire Commercial East Kent Infrastructure Mid Kent Commercial Milton Keynes Commercial South Hampshire Infrastructure West Sussex (North East) Infrastructure West Sussex (South West) Commercial Scotland East Lothian and Midlothian Residential Eilean Siar (Western Isles) Infrastructure Inverness & Nairn and Moray, Badenoch & Strathspey Residential Commercial North Lanarkshire Infrastructure Orkney Islands Residential Perth & Kinross and Stirling Infrastructure Scottish Borders Residential Shetland Islands Commercial South Ayrshire Residential South West Bath and North East Somerset, North Somerset and South Gloucestershire Commercial Bournemouth and Poole Infrastructure City of Bristol Infrastructure Devon CC Commercial Dorset CC Commercial Somerset Infrastructure Swindon Commercial Wiltshire Residential Commercial EXECUTIVESUMMARY...

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Regional Construction Hotspots in Great Britain 2018

There were fewer coldspots than hotspots across Great Britain in 2017 and there was only one broad coldspot – Walsall – where contract awards in all three residential, commercial and infrastructure sectors were below the long-term average. Most other coldspots were limited to a single construction sector, most notably residential in London, where over 80% of the capital’s sub-regions recorded a fall in contract values and two-fifths recorded residential contracts below the long-term average.

There were no coldspots in the North East.

A summary of key regional coldspots by sector is shown here. London Brent Residential Bromley Residential Infrastructure Camden and City of London Residential Croydon Residential Hackney and Newham Residential Lambeth Residential Lewisham and Southwark Residential Redbridge and Waltham Forest Residential Westminster Residential North West Chorley and West Lancashire Residential East Lancashire Residential Lancaster and Wyre Infrastructure Liverpool Residential Wirral Commercial Wales Cardiff and Vale of Glamorgan Residential Commercial Conwy and Denbighshire Residential Flintshire and Wrexham Residential West Midlands Solihull Residential Walsall Residential Commercial Infrastructure Yorkshire & Humber City of Kingston upon Hull Commercial North and North East Lincolnshire Residential Wakefield Residential East Midlands Leicester Residential South and West Derbyshire Infrastructure South Nottinghamshire Commercial West Northamptonshire Residential East of England Breckland and South Norfolk Commercial Central Bedfordshire Residential Peterborough Residential South East Berkshire Commercial Milton Keynes Residential North Hampshire Commercial Scotland E Dunbartonshire, W Dunbartonshire and Helensburgh & Lomond Commercial East Ayrshire and North Ayrshire mainland Infrastructure Lochaber, Skye & Lochalsh, Arran & Cumbrae and Argyll & Bute Residential Orkney Islands Commercial Scottish Borders Infrastructure South Ayrshire Commercial South Lanarkshire Infrastructure West Lothian Commercial South West Cornwall and Isles of Scilly Residential Swindon Residential EXECUTIVESUMMARY...

KeyRegionalColdspotsbySector North East No major coldspots BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

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Regional Construction Hotspots in Great Britain 2018

FOCUSON... EastofEngland The East of England region accounts for 8.6% of total UK GVA and key sectors of regional economic activity are industrial production and manufacturing, distribution and transport, public administration and business services. Construction grew 2.4% in 2016 and accounted for 8.2% of total East of England GVA in that year.

The value of contracts awarded in the region totalled £5.1 billion in 2017, a decrease of 28.9% from the previous year. There were four hotspots in terms of overall contract awards: Bedford, Essex Haven Gateway, Southend-on-Sea and North and West Norfolk. West Essex was a coldspot based on overall contract awards.

Despite having the largest growth in contracts awardedin2016,in2017NorwichandEastNorfolk had the lowest growth, decreasing by 89.4% GVA per head GVA growth 2011-2016 Construction % of GVA Unemployment rate Construction GVA (2016) Construction Growth (2016) Contracts Awards Growth (2017) UK Average 26,584 19.8% 6.2% 4.4 108,124 6.0% 4.3% East of England 24,488 21.1% 8.2% 3.6 12,250 2.4% -28.9% Peterborough 28,544 25.6% 4.1% 6.0 229 -3.0% -87.2% Cambridgeshire CC 28,984 22.0% 5.1% 1.7 971 -0.6% -27.6% Suffolk 23,132 16.0% 7.0% 4.0 1,210 2.5% -10.0% Norwich and East Norfolk 22,664 15.8% 6.2% 6.3 516 3.4% -89.4% North and West Norfolk 19,043 18.2% 7.7% 2.0 373 2.8% 94.9% Breckland and South Norfolk 19,466 20.0% 7.5% 3.5 392 1.3% -68.4% Luton 24,563 23.5% 6.6% 6.0 353 0.0% -36.7% Hertfordshire 30,564 25.9% 8.9% 3.0 3,209 5.1% -25.4% Bedford 23,941 19.9% 6.6% 2.6 266 1.5% 156.7% Central Bedfordshire 20,383 23.7% 10.0% 3.3 569 1.8% -32.4% Southend-on-Sea 18,111 17.4% 8.0% 4.2 259 1.6% 290.7% Thurrock 21,076 15.3% 9.9% 4.2 347 7.4% 65.2% Essex Haven Gateway 19,424 18.4% 10.4% 4.7 967 -0.7% 243.0% West Essex 26,431 26.7% 11.0% 3.4 876 1.6% -28.6% Heart of Essex 25,205 19.6% 11.3% 4.6 895 2.3% -7.3% Essex Thames Gateway 19,196 14.7% 11.9% 2.5 818 1.4% 39.2% Source: Barbour ABI, CPA, ONS CONTINUED BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

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Regional Construction Hotspots in Great Britain 2018

COLCHESTER COLCHESTER COLCHESTER NORWICH NORWICH NORWICH PETERBOROUGH PETERBOROUGH PETERBOROUGH ELY ELY ELY CAMBRIDGE CAMBRIDGE CAMBRIDGE ST ALBANS ST ALBANS ST ALBANS Contract awards for infrastructure projects in the East of England totalled £1.1 billion in 2017, which was 63.9% lower than the value awarded in 2016.

Essex Haven Gateway was the sole hotspot, reflecting the award of the £679 million contract for the Rivenhall integrated waste management facility in Braintree. The A13 widening around Stanford-le-Hope (£66 million) and £48.9 million in highway and infrastructure works to support the development of the former RAF barracks at Northstowe. Commercial contract awards totalled £841 million in 2017, 31.6% higher than in 2016. Hotspots for commercial activity were Essex Haven Gateway, Essex Thames Gateway, Southend-on-Sea, Suffolk and Thurrock. Breckland and South Norfolk was a coldspot. Six of the top ten largest contract awards were for retail, including two for the redevelopment of Intu Lakeside, totalling £230 million.

Office buildings at the Cambridge Science Park accounted for two of the top ten projects.

2.0 billion worth of residential contracts were awarded in the East of England in 2017, 1.8% higher than the value awarded in 2016. Suffolk registered as a hotspot and Peterborough was a coldspot. The highest value project in the region was the £50 million second phase of the Meadows student accommodation at the University of Essex and two £45 million projects: South Oxhey Central in Watford and the Carrow Quarter in Norwich. InfrastructureContracts The top 10 infrastructure contracts by value of project. CommercialContracts The top 10 commercial contracts by value of project. ResidentialContracts The top 10 residential contracts by value of project.

Project Value Start Finish Rivenhall integrated waste management facility £679m Aug 17 Aug 21 A13 widening, Stanford le Hope £66m Oct 17 Oct 19 Northstowe highway and infrastructure works £48.9m Oct 17 Oct 19 Norwich, Yarmouth and Lowestoft resignalling £29m Aug 17 Apr 19 Port of Felixstowe, berth 9 expansion £25m Jan 18 Aug 19 Stewartby Park, phase 2 infrastructure works £15m - - Cambridge Mosque, phase 2 £15m Aug 17 Oct 18 Norwich Crown Point depot improvements £15m Nov 17 Jan 19 Warner Bros Studios parking deck £11.2m Mar 17 Mar 18 Great Dunmow stage 2 infrastructure £10m May 17 May 19 Source: Barbour ABI, CPA Project Type Value Start Finish Intu Lakeside redevelopment Retail £180m Sep 17 May 19 Cambridge Science Park – offices Offices £67.2m Apr 18 - Stane Park, Colchester Retail £65m Jul 18 Jul 21 Intu Lakeside block A Retail £50m Sep 17 Mar 19 John Adams Toys, Huntingdon Retail £19m Mar 17 - ARM HQ fit-out, Cambridge Offices £19m - - Queensgate shopping centre extension Retail £18.7m Dec 17 Mar 18 St John's College, Maurice Wilkes Building Offices £17m Feb 17 Aug 18 Cambridge Science Park, plots 22 and 25 Offices £16.9m - - Primark, Haymarket, Norwich Retail £15m Jan 18 Jul 18 Source: Barbour ABI, CPA Project Units Value Start Finish University of Essex – Meadows phase 2 - £50m Jun 17 Oct 18 South Oxhey Central 374 £45m Jul 18 Jul 21 Carrow Quarter, Norwich - £45m Apr 18 Dec 21 Tye Green redevelopment, Braintree - £30m - - Oak Road, Braintree 292 £29.2m - - Stewartby Park phase 2, Bedford 285 £28.5m Feb 18 - Greenfields Road, Breckland 285 £28m Apr 17 Apr 20 Hampton Water, Peterborough 269 £27m - - Holt Road, Broadland 259 £25.3m - - St Stephens Tower student accommodation - £25m Aug 17 Aug 19 Source: Barbour ABI, CPA TOP 10 TOP 10 TOP 10 Infrastructure Commercial Residential FOCUSON...EASTOFENGLAND -1 -2 -3 -4 -5 HEATSCALE BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

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Regional Construction Hotspots in Great Britain 2018

FOCUSON... EastMidlands GVA per head GVA growth 2011-2016 Construction % of GVA Unemployment rate Construction GVA (2016) Construction Growth (2016) Contracts Awards Growth (2017) UK Average 26,584 19.8% 6.2% 4.4 108,124 6.0% 4.3% East Midlands 21,502 19.1% 7.1% 4.4 7,221 6.5% 75.0% Derby 27,786 18.7% 4.4% 4.3 315 11.3% 180.8% East Derbyshire 18,820 20.3% 7.0% 4.9 372 6.3% 176.5% South and West Derbyshire 19,727 18.7% 7.6% 1.7 752 12.2% 53.0% Nottingham 27,852 15.1% 4.1% 7.9 374 5.6% 85.9% North Nottinghamshire 18,926 15.9% 9.0% 4.1 794 7.7% 20.2% South Nottinghamshire 17,557 23.3% 7.9% 3.7 475 -3.8% -7.7% Leicester 21,984 23.2% 4.2% 6.0 321 -1.8% 8.3% Leicestershire CC and Rutland 22,920 21.2% 8.0% 3.9 1,328 1.1% 54.3% West Northamptonshire 25,936 21.2% 8.2% 6.4 847 10.9% 197.9% North Northamptonshire 20,403 17.8% 7.7% 4.0 526 1.9% -13.3% Lincolnshire 18,754 16.6% 8.0% 4.4 1,116 14.3% 41.6% Source: Barbour ABI, CPA , ONS The East Midlands region accounts for 5.8% of total UK GVA.

Key sectors of regional economic activity are industrial production and manufacturing, business services, public administration and distribution and transport. Construction gross value added grew 6.5% in 2016, faster than the UK overall growth rate. Construction accounted for 7.1% of regional GVA. The value of contracts awarded in the region totalled £6.2 billion in 2017, an increase of 75.0% from the previous year. In terms of overall contract awards, there were hotspots in East Derbyshire, Leicestershire CC and Rutland and West Northamptonshire. Contract values were lower than the long-term average in North Northamptonshire.

Most of the regions had increased growth in 2017, with West Northamptonshire recording the highest increase of 197.9% CONTINUED BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

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LINCOLN LINCOLN LINCOLN LEICESTER LEICESTER LEICESTER NOTTINGHAM NOTTINGHAM NOTTINGHAM DERBY DERBY DERBY Contract awards for infrastructure projects in the East Midlands region totalled £2.7 billion in 2017, which was five times higher than the value awarded in 2016. Contracts awarded in 2017 include the Northern Portal of the Chiltern Tunnel for HS2 (£1.3 billion), which made West Northamptonshire a hotspot.

The £558 million East Midlands Gateway rail freight interchange in Charnwood also produced a hotspot in Leicestershire CC and Rutland. A £450 million expansion to the Spalding gas-fired plant completed the top three projects. Commercial contract awards totalled £314 million in 2017, 21.9% higher than in 2016. Nottingham was a hotspot for commercial activity, whilst South Nottinghamshire was a coldspot. Among the largest contract awards in the region were phase 1 of the Intu Broadmarsh shopping centre (£92 million), with work through to early 2020 and Four Waterside, an offices development in Northampton, with a contract value of £30 million.

1.3 billion worth of residential contracts were awarded in the East Midlands region in 2017, 13.6% lower than the value awarded in 2016. There were no hotspots during 2017, but Leicester and West Northamptonshire were coldspots. Key projects in the region include £45 million for the first phase of the Canwick Avenue/ Bracebridge Heath development, building 450 houses in North Kesteven and the £39.5 million Foxlow Farm development in Buxton.

InfrastructureContracts The top 10 infrastructure contracts by value of project. CommercialContracts The top 10 commercial contracts by value of project. ResidentialContracts The top 10 residential contracts by value of project. Project Value Start Finish North Portal of the Chiltern Tunnel (HS2) £1.3b Dec 18 Dec 23 East Midlands Gateway – rail freight interchange £558m Feb 17 Feb 21 Spalding energy expansion – 300mw gas turbine £450m Sep 17 - M1 J24 to J25 smart motorway £80m Mar 17 Dec 18 Rookery South Pit energy from waste facility £60m Oct 17 Apr 20 Triton Knoll substation £30m Jan 18 Jan 21 A1 Spittlegate separated junction £23m Jan 18 Jun 19 Lindhurst redevelopment – phase 1 infrastructure £20m Jan 17 Jan 18 Market Harborough station improvements £20m Aug 17 Feb 19 Mountsorrel quarry extension £20m Dec 15 Dec 20 Source: Barbour ABI, CPA Project Type Value Start Finish Intu Broadmarsh, Nottingham Retail £92m Feb 18 Feb 20 Four Waterside, Northampton Offices £30m Jan 17 Jan 19 Brackley redevelopment Offices £18.4m Apr 17 - Mattioli Woods head office, Leicester Offices £14m - - Clifton Triangle retail park Retail £6m Aug 17 Aug 18 Lidl store and Wickes warehouse, Wigston Retail £6m Oct 17 Oct 18 Pond End, Castle Donington Offices £5.8m - - House of Fraser, Leicester Retail £5m Jul 17 Jul 18 Alltech UK, extension and refurbishment Offices £4.6m Jan 17 Jan 18 Sports Direct, Brook Park, Bolsover Retail £4.5m Jun 17 Jun 18 Source: Barbour ABI, CPA Project Units Value Start Finish Canwick Avenue/Bracebridge Heath 450 £45m - - Foxlow Farm, High Peak 395 £39.5m Apr 18 - Loughborough University student accomm - £35m Aug 17 Sep 19 Papplewick Lane, Gedling 300 £30m Sep 17 - Hackwood Farm, south Derbyshire 290 £29m Oct 17 - Mansfield-Ashfield Regeneration 280 £28m - - Foxton Place, Harborough 215 £27m Aug 17 Aug 20 Ladybank Road, south Derbyshire 252 £25.2m - - Mansfield Road, Derby 250 £25m Jul 17 - Chellaston phase 2, south Derbyshire 240 £24m Jul 17 - Source: Barbour ABI, CPA TOP 10 TOP 10 TOP 10 Infrastructure Commercial Residential FOCUSON...EASTMIDLANDS -1 -2 -3 -4 -5 HEATSCALE BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

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FOCUSON... London GVA per head GVA growth 2011-2016 Construction % of GVA Unemployment rate Construction GVA (2016) Construction Growth (2016) Contracts Awards Growth (2017) UK Average 26,584 19.8% 6.2% 4.4 108,124 6.0% 4.3% London 45,046 25.7% 4.9% 5.3 19,470 11.8% 7.3% Camden and City of London 309,427 32.1% 1.8% 5.9 1,425 14.7% -40.4% Westminster 227,468 30.1% 2.8% 6.0 1,605 9.2% 67.8% Kensington & Chelsea and Hammersmith & Fulham 66,292 16.5% 2.6% 5.5 588 12.6% -70.3% Wandsworth 34,086 20.7% 4.1% 2.2 445 13.8% 359.0% Hackney and Newham 24,152 21.6% 8.3% 4.5 1,234 4.0% -27.7% Tower Hamlets 90,386 19.0% 2.4% 9.7 652 14.2% -8.4% Haringey and Islington 46,295 20.6% 4.4% 5.6 1,031 5.0% 178.5% Lewisham and Southwark 32,695 17.3% 5.1% 5.3 1,035 12.0% -61.8% Lambeth 32,707 22.1% 4.3% 5.0 459 3.1% -38.4% Bexley and Greenwich 17,841 18.9% 11.0% 5.4 1,032 9.2% -18.4% Barking & Dagenham and Havering 20,979 24.4% 11.7% 6.4 1,131 10.8% -13.7% Redbridge and Waltham Forest 17,010 22.4% 11.7% 5.5 1,140 13.5% -46.6% Enfield 20,052 19.4% 9.8% 6.5 654 8.8% -58.4% Bromley 22,604 19.7% 7.2% 4.6 531 13.0% -26.1% Croydon 19,475 11.9% 7.7% 7.8 571 13.7% 39.0% Merton, Kingston upon Thames and Sutton 24,987 18.8% 7.0% 3.7 1,022 15.6% 13.9% Barnet 25,787 27.7% 8.3% 2.9 823 15.3% 14.8% Brent 26,217 35.5% 11.0% 7.2 950 15.9% 42.8% Ealing 27,417 26.7% 8.5% 4.5 803 15.0% 54.7% Harrow and Hillingdon 33,528 31.1% 8.3% 4.4 1,534 16.7% -13.9% Hounslow and Richmond upon Thames 41,089 50.9% 4.2% 6.2 805 13.5% 147.5% Source: Barbour ABI, CPA , ONS London is the largest regional economy, accounting for 22.7% of total UK GVA and the highest GVA per head.

Construction represents only 4.9% of regional GVA and construction GVA increased 11.8% in 2016, the fastest regional growth rate of the year. Key sectors of economic activity are focused in real estate activities, financial and insurance services, professional, scientific and technical activities and business services. The value of contracts awarded in the region totalled £14.1 billion in 2017, 7.3% higher than the previous year. In 2017, overall hotspots were in Haringey and Islington and Hounslow and Richmond upon Thames. There were four coldspots: Lambeth, Hackney and Newham, Redbridge and Waltham Forest, and Kensington & Chelsea and Hammersmith & Fulham.

Wandsworth dominated the region, with the largest growth in contracts awarded in 2017, increasing by 359% CONTINUED BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

Home Overview Key regional hotspots Key regional coldspots East of England REGION FOCUS... East Midlands North East North West Scotland South East South West Wales Yorkshire & Humber West Midlands UKConstruction Hotspots REPORT 2018 HS2 Hubs CASE STUDY... Methodology London About the CPA

UXBRIDGE UXBRIDGE UXBRIDGE UPMINSTER UPMINSTER UPMINSTER WESTMINSTER WESTMINSTER BROMLEY BROMLEY BROMLEY CROYDON CROYDON CROYDON KINGSTON UPON THAMES KINGSTON UPON THAMES KINGSTON UPON THAMES WESTMINSTER Contract awards for infrastructure projects in London totalled £3.3 billion in 2017, double the value recorded in 2016.

Contract awards for HS2 were the key driver of contracts growth and hotspots in Haringey and Islington (covering Euston station) and Hounslow and Richmond upon Thames (covering the Chiltern Tunnels). The £500 million Riverside Energy Park in Belvedere produced a hotspot in Bexley and Greenwich.

Commercial contract awards totalled £2.1 billion in 2017, 38.5% lower than the 2016 value. The only hotspot for commercial activity was Croydon. The £200 million 1 Park Place offices tower project in Canary Wharf was the largest commercial contract for the year, followed by the £188 million Ten Bank Street. The third largest project was a £130 million contract for the fit-out of the new Goldman Sachs HQ. £3.6 billion worth of residential contracts were awarded in London in 2017, 33.9% lower than the value awarded in 2016 and the lowest value in over six years. Nevertheless, there were two hotspots: Haringey and Islington and Hounslow and Richmond upon Thames.

Key projects in these sub-regions were phase one of the housing at the new Brentford FC stadium (£100 million) and the £76.5 million Lampton Road redevelopment of the former Hounslow civic centre.

InfrastructureContracts The top 10 infrastructure contracts by value of project. CommercialContracts The top 10 commercial contracts by value of project. ResidentialContracts The top 10 residential contracts by value of project. Project Value Start Finish Chiltern Tunnels (HS2) £1.3b Dec 18 Dec 23 Euston Tunnels and Approaches (HS2) £900m Dec 18 Dec 23 Riverside Energy Park, Belvedere £500m Jan 21 Jan 24 Jubilee Line escalators £76.3m Nov 17 Apr 25 Hampstead Road bridge replacement £50m - - Hobhouse Court art gallery £31m Aug 17 Aug 19 Big Ben refurbishment £29m Jan 17 Jan 21 Royal College of Music, courtyard development £25m Apr 17 May 19 Willesden Junction station – platform extension £22m - - Meridian Water site remediation £15m Mar 17 Mar 18 Source: Barbour ABI, CPA Project Type Value Start Finish 1 Park Place, Canary Wharf Offic es £200m Jul 17 - Ten Bank Street, Canary Wharf Offic es £188m - - Goldman Sachs fit-out, Clerkenwell Offic es £130m Oct 17 - 100 Liverpool Street refurbishment Offic es £120m - - 60 London Wall Offic es £100m Jul 17 Jul 19 One Crown Place, Hackney Offic es £80m Mar 17 Jul 20 207 Old Street – The Tower Offic es £73m Oct 17 Jun 18 Westminster City Hall refurbishment Offic es £50m Aug 17 Aug 19 114-150 Hackney Road Offic es £30m Jan 18 Jan 20 IKEA Greenwich Retail £30m Oct 17 Apr 19 Source: Barbour ABI, CPA Project Units Value Start Finish North Quay, Poplar 1,243 £800m - - Old War Office Building, Whitehall - £300m Oct 17 Oct 20 Wembley Park, Plot E05 - £155m Jan 18 Jan 21 225 Marsh Wall redevelopment - £150m Jul 17 Jul 21 Lionel Road, Kew Bridge phase 1 648 £100m Feb 18 Feb 21 Stephenson Street phase 1 1,020 £85m Feb 18 Feb 23 Wardian London, Canary Wharf 683 £80m Aug 16 Aug 20 Lampton Road, Hounslow 762 £76.5m Aug 17 - Wandle Terrace, Haslemere Estate - £70m Dec 17 Dec 19 High Lane estate renegeration, Ealing - £65m Jan 19 Jan 25 Source: Barbour ABI, CPA TOP 10 TOP 10 TOP 10 Infrastructure Commercial Residential FOCUSON...LONDON -1 -2 -3 -4 -5 HEATSCALE BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

Home Overview Key regional hotspots Key regional coldspots East of England REGION FOCUS... East Midlands North East North West Scotland South East South West Wales Yorkshire & Humber West Midlands UKConstruction Hotspots REPORT 2018 HS2 Hubs CASE STUDY... Methodology London About the CPA

FOCUSON... NorthEast GVA per head GVA growth 2011-2016 Construction % of GVA Unemployment rate Construction GVA (2016) Construction Growth (2016) Contracts Awards Growth (2017) UK Average 26,584 19.8% 6.2% 4.4 108,124 6.0% 4.3% North East 19,542 14.8% 5.9% 6.2 3,019 -1.8% -19.5% Hartlepool and Stockton-on-Tees 19,452 12.9% 7.7% 6.8 434 0.7% -63.9% South Teesside 17,065 6.4% 5.7% 7.0 266 6.4% -32.9% Darlington 24,082 9.2% 3.9% 6.1 98 -4.9% -81.8% Durham CC 16,513 18.2% 6.7% 6.3 574 2.9% 12.9% Northumberland 16,604 16.5% 6.0% 4.5 314 -4.8% -7.5% Tyneside 22,277 14.3% 5.4% 6.4 1,024 -5.4% 56.2% Sunderland 21,021 21.6% 5.3% 6.3 309 -3.7% -43.9% Source: Barbour ABI, CPA , ONS The North East region accounts for 3.0% of UK GVA and had the highest regional unemployment rate in 2017 (6.2%).

Key sectors of regional economic activity are industrial production and manufacturing, distribution and transport, and public sector administration. Construction accounted for 5.9% of regional gross value added in 2016, and construction GVA fell 1.8%, the only region to record a decrease in construction in the year. The value of contracts awarded totalled £2.3 billion in 2017, a decrease of 19.5% from the previous year. In terms of overall contract awards, hotspots were Tyneside and Durham, whilst Sunderland was a coldspot.

Despite having the largest growth in contracts awarded in 2016, in 2017 Hartlepool and Stockton-in-Tees had one of the lowest growths, decreasing by 63.9% CONTINUED BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section. Home Overview Key regional hotspots Key regional coldspots East of England REGION FOCUS... East Midlands London North West Scotland South East South West Wales Yorkshire & Humber West Midlands UKConstruction Hotspots REPORT 2018 HS2 Hubs CASE STUDY... Methodology North East About the CPA

NEWCASTLE NEWCASTLE NEWCASTLE SUNDERLAND SUNDERLAND SUNDERLAND DURHAM DURHAM DURHAM Contract awards for infrastructure projects in the North East totalled £533 million in 2017, a decrease of 60.9% from 2016.

Tyneside was the sole infrastructure hotspot, due to the £300 million Blyth Offshore Wind Demonstrator project. There was no region where contract awards were significantly below the long-term average. The second-largest project awarded was in the energy sub-sector: the High Middlefield gas-fired energy reserve facility in Stockton-on-Tees (£50 million). Commercial contract awards totalled £93 million in 2017, a decrease of 49.4% compared to 2016. South Teesside was a hotspot in 2017, reflecting the award of contracts for the £10 million Cleveland Gate retail park.

The value of commercial contract awards in the sub-regions of Durham, Hartlepool and Stockton-on-Tees, Sunderland and Tyneside was below long-term averages. £1.1 billion worth of residential contracts were awarded in the North East in 2017, an increase of 17.7% from 2016. This represents a rebound from a weak year for contract awards in 2016 and a return to contract values in line with the long-term average. Therefore, there were no hotspots or coldspots in 2017. The largest contracts were for Mount Leven Retirement village in Stocktonon-Tees (£50 million) and 27 Rutherford Street in Newcastle-upon-Tyne (£40.5 billion).

InfrastructureContracts The top 10 infrastructure contracts by value of project. CommercialContracts The top 10 commercial contracts by value of project. ResidentialContracts The top 10 residential contracts by value of project. Project Value Start Finish Blyth Offshore windfarm demonstrator £300m Jan 17 Oct 17 High Middlefield Farm gas-fired energy reserve facility £50m Mar 17 - South Shields 365 transport interchange £20m Apr 18 Oct 19 Hemlington Grange, Cleveland Police HQ £12m - - Hemlington Community Safety Hub £12m Feb 17 Jun 18 Auckland Castle redevelopment £12m Jun 17 Nov 18 Whittle Dean water treatment works £11.1m - - Greatham Creek flood defence project £11m Jul 17 Dec 18 Greatham South flood alleviation scheme £11m Apr 17 Apr 20 University Hospital of North Tees energy centre £8m Apr 17 Apr 18 Source: Barbour ABI, CPA Project Type Value Start Finish Cleveland Gate retail park Retail £10m Jan 17 Jan 18 PIIPipelineSolutionsHQ,Northumberland Offices £7m Aug 17 Oct 18 Tombola Campus, Sunderland Offices £6m Mar 17 Sep 18 Pheasant Fields Lane, Skelton Retail £5.7m - - Northumberland Park, phase 1 Retail £4m Jan 18 Jul 18 Western Approach Trade Park Retail £3.5m - - HighwaysEnglandoffices,Northumberland Offices £3.5m May 17 Dec 17 Thinford Roundabout, starter Retail £3.3m - - M&S Food Hall, Darlington Retail £3m - - Aldi store, Thornaby Retail £2.5m - - Source: Barbour ABI, CPA Project Units Value Start Finish Mount Leven Retirement Village - £50m Apr 17 Apr 22 27 Rutherford Street, Newcastle-upon-Tyne 162 £40.5m Nov 17 Nov 19 East Benton Farm phase 2, North Tyneside 360 £36m Dec 17 Dec 22 Langley Park, Durham 353 £35.3m Jan 18 Jan 28 Whickham Highway, Gateshead 352 £35.2m Sep 17 Sep 23 18-29 Claypath student accommodation - £30m Jul 17 Jan 19 Wynyard Village extension, Stockton-on-Tees 280 £28m Apr 18 Apr 20 Lambton Lane, Bournmoor 271 £27.1m - - North Seaton, Ashington 240 £24m - - Arcot phase 1A, Northumberland 238 £23.8m Jul 17 Jul 23 Source: Barbour ABI, CPA TOP 10 TOP 10 TOP 10 Infrastructure Commercial Residential FOCUSON...NORTHEAST -1 -2 -3 -4 -5 HEATSCALE BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

Home Overview Key regional hotspots Key regional coldspots East of England REGION FOCUS... East Midlands London North West Scotland South East South West Wales Yorkshire & Humber West Midlands UKConstruction Hotspots REPORT 2018 HS2 Hubs CASE STUDY... Methodology North East About the CPA

FOCUSON... NorthWest GVA per head GVA growth 2011-2016 Construction % of GVA Unemployment rate Construction GVA (2016) Construction Growth (2016) Contracts Awards Growth (2017) UK Average 26,584 19.8% 6.2% 4.4 108,124 6.0% 4.3% North West 22,899 18.7% 5.7% 4.4 9,383 1.0% 5.4% West Cumbria 23,981 23.3% 6.7% 4.1 378 3.3% -61.0% East Cumbria 24,821 23.3% 5.7% 2.5 373 -7.2% -48.4% Manchester 33,063 28.1% 2.7% 6.2 488 10.9% 17.1% Greater Manchester South West 29,338 19.7% 5.7% 4.3 815 10.7% 101.0% Greater Manchester South East 18,936 3.3% 5.4% 4.5 521 -9.2% 35.3% Greater Manchester North West 16,311 18.2% 8.5% 4.0 839 1.6% 20.9% Greater Manchester North East 17,483 21.2% 6.7% 5.4 746 3.0% -0.1% Blackburn with Darwen 20,340 24.1% 4.0% 6.1 121 2.5% 0.1% Blackpool 17,022 11.0% 4.2% 6.7 100 -9.1% 84.4% Lancaster and Wyre 16,512 13.4% 6.7% 3.3 280 -3.1% 10.2% Mid Lancashire 29,588 29.2% 8.5% 3.3 977 -4.3% -23.5% East Lancashire 18,628 17.8% 5.4% 4.3 329 -7.3% 0.7% Chorley and West Lancashire 18,984 15.1% 6.2% 4.0 268 -2.9% -17.4% Warrington 31,437 17.8% 6.6% 3.3 434 -2.9% 58.2% Cheshire East 33,279 30.1% 5.0% 1.2 631 7.9% 3.4% Cheshire West and Chester 27,900 16.9% 4.2% 5.8 396 4.5% 144.8% East Merseyside 22,304 16.0% 6.2% 4.1 627 1.0% -7.8% Liverpool 23,029 9.7% 4.6% 5.8 508 5.4% -2.7% Sefton 15,512 5.6% 6.1% 4.9 260 6.1% 46.7% Wirral 15,051 9.7% 6.0% 4.7 290 0.3% 30.7% Source: Barbour ABI, CPA , ONS The North West region accounts for 9.5% of UK GVA and includes two major cities: Manchester and Liverpool.

Key sectors of regional economic activity are industrial production and manufacturing, distribution and transport, and public sector administration. Construction accounted for 5.7% of regional GVA in 2016 and construction GVA grew 1.0%, slower than the UK overall in that year. The value of contracts awarded totalled £8.0 billion in 2017, an increase of 5.4% from the previous year. In terms of overall contract awards, hotspots were Blackpool, Greater Manchester South West, Sefton and Warrington. East Merseyside and Greater Manchester North West were coldspots. Cheshire West and Chester had the largest growth in contracts awarded in 2017, increasing by 144.8% CONTINUED BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section.

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CHESTER CHESTER CHESTER LIVERPOOL LIVERPOOL LIVERPOOL MANCHESTER MANCHESTER MANCHESTER SALFORD SALFORD SALFORD LANCASTER PRESTON PRESTON PRESTON CARLISLE CARLISLE CARLISLE LANCASTER LANCASTER Contract awards for infrastructure projects in the North West totalled £1.7 billion in 2017.

This is 26.9% lower than in 2016. Activity hotspots in 2017 were driven by a broad range of rail, energy, utilities and airport projects, including £350 million for the Trafford Park tram line, £300 million for the Thirlmere to West Cumbria water mains link and £300 million for the 60mw Lostock energy from waste facility in Northwich. There were three hotspots (Greater Manchester South East, Greater Manchester South West and Sefton) and one coldspot (Lancaster and Wyre).

InfrastructureContracts The top 10 infrastructure contracts by value of project. CommercialContracts The top 10 commercial contracts by value of project. ResidentialContracts The top 10 residential contracts by value of project. Project Value Start Finish Metrolink, Trafford Park £350m Nov 17 Nov 21 Thirlmere to West Cumbria water mains link £300m - - Lostockenergyfromwastefacility £300m Oct 18 Oct 21 Ince Resource Recovery Park £130m - - Manchester Airport T2 Transformation – taxiways £38m Oct 17 Jan 19 Weaver to Wavertress re-signalling £35m Jan 17 May 19 Halton Curve – Chester to Liverpool rail line £25m Jun 17 Sep 18 Merseyside Police – patrol facility £21.7m - - Jodrell bank Observatory – SKA HQ Building £20.4m Dec 16 Dec 17 Cheshire East BC – organic waste treatment centre £20m - - Source: Barbour ABI, CPA Project Type Value Start Finish Rochdale Riverside Retail £70m Nov 17 Aug 19 Warrington Bridge Street redevelopment Retail £69m Oct 17 Oct 18 Mercedes Benz dealership, Stockport Retail £60m Jan 18 - Dickenson House, Manchester Offic es £50m Apr 17 Oct 18 Paddington Square, Liverpool Offic es £40m Sep 17 Sep 20 Bridge Street Quarter, council HQ Offic es £19m - - Edge Lane retail park, Liverpool Retail £16.5m - - Westbrook and Delta Crescent, Warrington Retail £13.5m - - Electra House, Cheshire Offic es £12.3m Aug 17 Aug 18 New Mersey retail park Retail £12m Jan 17 Jul 18 Source: Barbour ABI, CPA Project Units Value Start Finish Sir Henry Royce Institute, Circle Square 266 £235m Oct 17 Oct 19 Portugal Street East Phase 1, Manchester 340 £150m Jan 18 Jan 21 Circle Square, Blocks 5 & 6, Manchester 411 £135m Sep 17 Sep 19 Chapel Wharf, Salford 995 £100m Jan 17 Jul 19 Princess Street/Whitworth Street - £80m Aug 17 Aug 19 Jacksons Row, Manchester - £77.1m - - Trinity, Salford 380 £60m Jul 17 - Gore Street, Salford 221 £60m Jan 18 Apr 19 Furness Quay, Salford 707 £53m Jul 17 Jul 20 Carleton Heights, Eden, Cumbria 505 £50m Feb 17 Feb 24 Source: Barbour ABI, CPA TOP 10 TOP 10 TOP 10 Infrastructure Commercial Residential FOCUSON...NORTHWEST Commercial contract awards totalled £684 million in 2017, 5.1% higher than in 2016.

There were five key hotspots: Blackpool, Greater Manchester North East, Lancaster and Wyre, Liverpool and Warrington. This reflects the awards of contracts for Rochdale Riverside (£70 million) and two projects at the Warrington Bridge Street redevelopment: a £69 million retail-led scheme and £19 million council offices. In contrast, the value of commercial contract awards in Wirral was below its long-term average. £3.8 billion worth of residential contracts were awarded in the North West in 2017, an increase of 39.7% from 2016. Hotspots were in Blackburn with Darwen, Blackpool and Manchester.

Half of the region’s top ten largest projects were in Manchester city centre, including two phases at Circle Square, the former BBC site, at £235 million and £135 million. Four projects totalling £273 million were awarded in Salford. The majority of projects are set to complete in 2019.

5 4 3 2 1 -1 -2 -3 -4 -5 HEATSCALE BROUGHT TO YOU BY To navigate just click on buttons below and they will take you directly to your chosen section. Home Overview Key regional hotspots Key regional coldspots East of England REGION FOCUS... East Midlands London North East Scotland South East South West Wales Yorkshire & Humber West Midlands UKConstruction Hotspots REPORT 2018 HS2 Hubs CASE STUDY... Methodology North West About the CPA

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