ACE announces publication of Glenigan’s 2025 construction review
The Association for Consultancy and Engineering (ACE) has announced the publication of Glenigan’s January 2025 edition of its construction review, which analyses year-on-year construction data for the 12 months to the end of 2024. The review highlights a 20% increase in construction project starts compared to 2023, with major projects (£100m or more) seeing a 58% increase. Underlying project-starts (£100m or less) saw a modest growth of 1%. The review also revealed strong performance in several sectors, including hotel and leisure (30%), infrastructure (17%), and utilities (14%). However, residential construction starts faced challenges, declining by 4% from 2023 levels. Detailed planning approvals declined by 19% overall, with major projects experiencing a 34% decrease and underlying approvals dropping by 6%. Glenigan’s Economic Director, Allan Wilen, noted a positive outlook for 2025, with projected growth across various sectors, including private housing (13%), office developments (18%), and hotel and leisure (6%). Notable projects driving expansion include the £250m Therme UK development, £8bn Hornsea Four, and the £400m G Park Docklands Data Centre.