{"id":308780,"date":"2025-08-01T08:33:22","date_gmt":"2025-08-01T08:33:22","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/308780\/"},"modified":"2025-08-01T08:33:22","modified_gmt":"2025-08-01T08:33:22","slug":"bristol-is-the-eighth-most-expensive-city-in-the-world-for-new-buildings","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/308780\/","title":{"rendered":"Bristol is the eighth most expensive city in the world for new buildings"},"content":{"rendered":"<p>It&#8217;s more expensive than LA and Hong Kong for house-building<img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/0_BRI_PG_041224bleed_kit-18.jpg\" alt=\"Work well underway to build new student accommodation next to Temple Meads Station\" loading=\"eager\"  \/>Work well underway to build new student accommodation(Image: PAUL GILLIS \/ Reach PLC)<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Bristol has become the eighth most expensive city in the world for the cost of constructing new buildings. As construction costs soar, developers and City Hall experts are warning that less affordable housing will get built over the next few years.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Building in Bristol is more expensive than Dublin, Hong Kong, Manchester, Birmingham and Los Angeles. Dutch consultants Arcadis analysed the costs of building in major cities around the world for their <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.arcadis.com\/en\/knowledge-hub\/perspectives\/global\/international-construction-costs-2025\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">annual index<\/a>, with Geneva topping the list, ahead of London in second place.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">A new taskforce of councillors at <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.bristolpost.co.uk\/all-about\/bristol-city-council\" target=\"\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">Bristol City Council<\/a> will be set up to explore how the rising costs of construction could affect how many affordable homes can be built in new developments, if at all. An update was given to the economy and skills policy committee on Monday, July 28.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Alex Hearn, director of economy of place, said: \u201cDevelopment often moves in cycles, which are closely aligned to wider economic conditions. Sometimes there are peaks and troughs and sometimes there are blips. We may be experiencing something that isn\u2019t a blip and actually things have changed, because of accelerated construction cost inflation.\u201d<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">The taskforce will read evidence papers and hear from staff and developers, then debate what options the council has for getting more affordable housing built despite the cost of construction. The council has policies on how many homes should be affordable in any new development, but these can be disregarded if developers say they won\u2019t make enough profit from their project.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">As well as inflation, new safety laws approved three years ago, in the wake of the Grenfell Tower fire, have made constructing tall buildings more difficult and expensive. Developers have to get approval from the Building Safety Regulator, which is suffering a major backlog that is delaying many construction projects across the country.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">A shortage of skilled workers is another factor. A few days ago an <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.bristolpost.co.uk\/news\/bristol-news\/bristols-high-rise-housing-boom-10372560\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">investigation by Bristol Live<\/a> found the boom in building high-rise housing has been hit by a &#8220;perfect storm&#8221;, with developers delaying or scrapping several major projects.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Over the past few years, the council\u2019s planning department has been placed in special measures by the government, due to a backlog in deciding whether to grant permission for new buildings. This backlog built up after the council rolled out an employment freeze, leading to a loss of planning officers, so developers were waiting many months before starting building.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Since then the department has made progress in clearing the backlog and speeding up how quickly new planning applications are processed, with lots of new staff hired. But across the country, strict planning rules still hold up construction from taking place, with some homeowners even having to apply for permission from the council just to replace their windows.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Green Councillor Jenny Bartle said: \u201cIt\u2019s one of the most hot topics for residents, they\u2019re really worried about it. They\u2019re worried about the number of developments coming through that are for students, i.e. not for them nor their families. They\u2019re worried about everything being expensive.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">\u201cResidents in council housing are aware there\u2019s a huge housing waiting list, to get into council housing or change your council house, and the supply of council housing is affected by this as well. It\u2019ll be really interesting to see what solutions we can find and what the industry says to us.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">\u201cWe want to make sure that we\u2019re being transparent about those meetings. It could sound like we\u2019re all in cahoots with the developers. It\u2019s much more the case that we\u2019re doing research and we want a variety of pieces of input. This is a global issue, it\u2019s particularly acute in Bristol, but in order to overcome this, the government is going to need to help us quite substantially.\u201d<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/0_WhatsApp-Phone.jpg\" alt=\"\"  \/>Bristol Live WhatsApp Breaking News and Top Stories<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \"><strong class=\"Strong_strong__e2x35\">Join Bristol Live\u2019s WhatsApp community for top stories and breaking news sent directly to your phone<\/strong><\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \"><a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.bristolpost.co.uk\/\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">Bristol Live<\/a> is now on WhatsApp and we want you to join our community.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Through the app, we\u2019ll send the latest breaking news, top stories, exclusives and much more straight to your phone.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">To join our community you need to already have WhatsApp. All you need to do is <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/chat.whatsapp.com\/Hxr7CSWBXCL07njc8LrfK9\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">click this link and select \u2018Join Community\u2019.<\/a><\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">No one will be able to see who is signed up and no one can send messages except the <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.bristolpost.co.uk\/\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">Bristol Live<\/a> team.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">We also treat community members to special offers, promotions and adverts from us and our partners. If you don\u2019t like our community, you can check out at any time you like.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">To leave our community, click on the name at the top of your screen and choose \u2018Exit group\u2019.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">If you\u2019re curious, you can read our <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.reachplc.com\/site-services\/privacy-policy\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">Privacy Notice.<\/a><\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \"><a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/chat.whatsapp.com\/Hxr7CSWBXCL07njc8LrfK9\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">Click here to join our WhatsApp community.<\/a><\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Later that day, two developers tried to reduce the amount of affordable housing they were made to build in two planned blocks of flats. Donard Homes is planning to <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.bristolpost.co.uk\/news\/bristol-news\/prime-site-near-temple-meads-10387230\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">build 221 flats near Temple Meads<\/a>, on the corner of York Road and St Luke\u2019s Road, and wants to reduce the number of affordable homes there from 66 to 25.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Goram Homes, the council-owned developer, is planning to build 166 flats on the Baltic Wharf caravan club on the Harbourside. They are still promising that 66 would be affordable, and will get a government grant to make that happen. But they now have permission to <a class=\"TextLink_text-link__dBSS0 TextLink_enabled__dJF3l\" href=\"https:\/\/www.bristolpost.co.uk\/news\/bristol-news\/plans-approved-166-flats-harbourside-10382920\" target=\"_self\" aria-label=\"\" tabindex=\"0\" rel=\"noopener\">pay for only one affordable home elsewhere<\/a> instead, although council staff insisted this was just a technicality.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Both Goram and Donard told the development control B committee that rising construction costs meant that they could afford to build less affordable housing. Councillors chose to get planning officers back around the negotiating table with Donard to try and get more affordable housing. These deals are known as Section 106 agreements, which are coming under increasing threat.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">Speaking to the committee, Jim Cliffe, planning obligations manager, said: \u201cAt the moment and moving forward, the economic challenge of development is very high, particularly with high density development. Bristol is expensive to build in.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">\u201cThe repercussions of the Building Safety Act, which is of course a very good thing, has meant that tall buildings have to have two cores in them, so two lots of stairwells and two lots of lift shafts. That means you\u2019re selling a lot less, a much lower percentage of what you\u2019re building.<\/p>\n<p class=\"Paragraph_paragraph-text__PVKlh \">\u201cThe role of Section 106 is probably going to diminish in the delivery of affordable housing over the next economic cycle. That\u2019s just the reality of where we are, I\u2019m afraid.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"It&#8217;s more expensive than LA and Hong Kong for house-buildingWork well underway to build new student accommodation(Image: PAUL&hellip;\n","protected":false},"author":2,"featured_media":308781,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8818],"tags":[381,3893,748,393,4884,6334,16,15],"class_list":{"0":"post-308780","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bristol","8":"tag-bristol","9":"tag-bristol-city-council","10":"tag-britain","11":"tag-england","12":"tag-great-britain","13":"tag-housing-crisis","14":"tag-uk","15":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114952588758883909","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/308780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=308780"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/308780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/308781"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=308780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=308780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=308780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}