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Construction

Economic and population growth, the 2012 Games, and a major transport infrastructure investment programme is driving London’s construction sector.

10 key facts about London’s construction sector.

  • wembley_construction_west_149_110A growing world city: By 2016 London’s population will increase by 700,000. To accommodate London’s growth the Mayor has targets for 31,000 new homes to be built each year to 2017.
  • Construction output: London’s construction output is expected to grow at an average annual rate of 6.6% to 2011, faster than any other region in the UK.
  • Infrastructure projects: With a massive transport investment programme underway in London, construction output in the infrastructure sector is expected to grow at average annual rate of 10.5% to 2011.
  • London’s changing skyline: A series of high-rise buildings are under-construction or planned for London. Currently under-construction, Shard London Bridge, the Pinnacle, Heron Tower, the Leadenhall Building, and Broadgate Tower will be at least 165 metres or 35 floors tall.
  • 2012 Games: The 587 acre Olympic Park is part of the largest regeneration project in Europe. Spearheaded by the Olympics and Stratford City, London is expanding eastwards into the Thames Gateway.
  • London is moving East: East London is the Mayor’s priority area for development, regeneration and infrastructure improvement. It has many of the capital’s largest development sites with the capacity for at least 104,000 additional homes and 249,000 jobs up by 2016.
  • The Thames Gateway Forum: With £40bn worth of private investment expected over the next two to three decades, the annual Thames Gateway Forum at ExCeL attracts over 7,000 delegates and 255 exhibitors from London’s construction and development industry.
  • Sustainable development: This all comes with a commitment to make London a more attractive, well-designed and green city. The Mayor of London’s vision is to develop London as an exemplary, sustainable world city with high standards for energy efficiency and sustainable design.
  • Construction Skills: There are 14,000 students studying subjects linked to the built environment at London’s universities.
  • Architecture & Engineering: There are over 55,000 people working in architecture and engineering in London.

Think London has helped numerous international companies in the construction sector set up and expand in London. Clients include Black & Veatch.  All have benefited from Think London’s strong links with the property sector, developers and local government.

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