Tunbridge Wells in Kent has probably the most thriving building panorama exterior of London, a report by building branding agency Monster-Mesh has discovered.
That is based mostly on the: variety of building corporations within the area; worth per head; share improve within the workforce; whole spend on building branding; and the variety of marketed building jobs.
In Tunbridge Wells the area’s building workforce is anticipated to extend by 4% between 2024 and 2029, and that’s with one job board already itemizing 116 building jobs within the space.
Mark McLennan, founder at Monster-Mesh, mentioned: “Tunbridge Wells is seeing main growth exercise in the intervening time, together with multi-million-pound regeneration initiatives such because the Royal Victoria Place purchasing centre and the city’s 15-year imaginative and prescient for the centre.
“This mixed with a well-established building panorama within the South East of England, seems to be driving confidence and potential progress for the sector in Tunbridge Wells.”
Redhill in Surrey is the second most thriving space for building, with round 67 marketed building jobs (that’s 118 per 100,000 residents), and the area can anticipate to see a 4% improve in its building workforce by 2029 (forecast 2024-29).
Branding spend was additionally significantly sturdy, reaching £45,548 per 100,000 folks, suggesting corporations in Redhill are actively competing for progress.
After that comes Cambridge, the place a 5% improve in building jobs is forecast between 2024 and 2029.
The town additionally recorded 516 building jobs marketed (that’s 410 per 100,000 folks), making it an ideal place to be within the building commerce.
Round 17% of the UK’s building companies are situated within the wider South East area.
Mark McLennan, Founder at Monster-Mesh, mentioned: “Whereas London continues to dominate in scale, our analysis highlights that many regional hubs are thriving due to a powerful mixture of enterprise density, workforce progress, and funding in branding.
“Places like Tunbridge Wells, Redhill and Cambridge spotlight how branding spend generally is a actual marker of confidence within the sector, with corporations actively competing for visibility as demand rises.”