Green shoots are appearing in the construction industry with
renewed interest in house building, according to award-winning East
Midlands civil and structural engineering company BSP
Consulting.
The firm is reporting an increase in inquiries from landowners
looking to make their sites 'oven ready' for building after demand
for development sites has started to rise.
BSP, with offices in Nottingham, Derby and Leicester, has gained
technical permissions for roads and drainage for a site on the
outskirts of Wrexham which has recently been sold by the client to
a major house builder.
BSP has now begun a similar process for a site near Glasgow, and
is dealing with an increase in site appraisal requests.
"Getting a site 'oven ready' for developers by gaining the
necessary permissions for infrastructure like drainage and roads
makes a site more attractive and more valuable, and at BSP we've
noticed a significant increase in inquiries for site appraisals,"
said BSP Consulting director Martin Breakwell.
"It's a definite sign that there is renewed interest in house
building, which for some time now has been a very depressed market.
Site owners who get technical permissions for infrastructure for
their land are in a stronger position when it comes to selling
their sites, which has been evidenced by the sale of the site that
BSP worked on near Wrexham."
BSP, which was recently named Consultant of the Year 2009 at the
East Midlands Property Dinner, provides a comprehensive range of
consultancy services to all sectors of the construction community,
from architects, project managers and contractors to developers and
estate agents. Based in the East Midlands, the firm has contracts
across the UK, and is currently working on a wide variety of
projects from regeneration schemes to retirement projects.
BSP employs almost 40 people across its three offices in the
East Midlands - at Oxford Street, Nottingham, Pride Park, Derby,
and De Montfort Street, Leicester.