image for illustration: Niki Walton, CC BY-SA 2.0, via Wikimedia Commons
With the viability crunch causing housing numbers to crash, some developers are starting to look for different ways to reimagine projects reports Building.
Building writes:
Housing starts in London collapsed to just 4,170 in the year to April, according to government data, the lowest figure on record… The problem is particularly acute for sites purchased several years ago before costs rose, with one in six London sites now on hold…
Andrew Matthews, co-founder of housing architect Proctor & Matthews Architects, says his practice’s situation is shared by others in the industry ‘We have got projects, but they’re all on hold’…
…Designers are experimenting with forms, such as terraced back-to-back housing, that haven’t been used at scale in this country for many years… to make high-quality, high-density homes deliverable…
