22 October 2018
Has Brighton's development logjam been resolved (for now)?
The perennial problem with property development in Brighton & Hove has always been that we are a compact city tucked between the downs and the sea. Add to that soaring land values, lengthy waits for planning consents and the ongoing speculation over Brexit and you have a potential recipe for inertia. However as always Brighton does like to buck the trend! Recent schemes and subsequent decisions are starting to break through and there are the most amount of cranes this city has seen for many years. Most recently Moda were given consent on the Sackville Road scheme is Hove, turning an old rail coal yard and retailpark into 600 new homes and 43,000 sq ft of commercial space.
July saw consent for the 300,000 sq ft Edward Street Quarter project, which will deliver 160,000 sq ft of A Grade offices plus homes and retail, which will be a major boost for the east of the city. As will the £200m Circus Street development just round the corner, providing a mixed-use vibrant new quarter where they are already well underway on site.
Furthermore, planning is currently pending on Longley Industrial Estate on the edge of the city's established New England Quarter, an opportunity to build 200 more homes plus much-needed commercial space for growing businesses.
SHW Business Space Partner Emma Hards said: "These projects join other sites currently festooned with cranes, such as The Brinell Building, 65,000 sq ft of prime offices next to the station which we co-let before completion, and Preston Barracks, which will do much for the local community as a whole and provide more space for the university. It's an exciting time to live and work in Brighton."
Contact:
Emma Hards
01273 876203
