INDUSTRY NEWS

Tall buildings bring economic benefits

Tall buildings bring economic benefits, a report launched today concludes.

The British Property Federation’s (BPF) Tall Buildings Report modelled tall, high-density developments and found they created a more productive workforce and increased business specialisation.

BPF chief executive Liz Pearce told Property Week: "Building more densely is better for the environment."

"We’re not saying ‘cover our cities in tall buildings’, but what we need is balance, and clusters of tall buildings strategically placed around public transport hubs have clear benefits," she said.

Conducted by research firm Colin Buchanan, the study claims London’s increased density is key to its economic success.

The BPF will announce its findings at the London Major Projects Forum today, Property Week has reported.

Commercial property developers face objections to some of their schemes, based on the proposed height of architect’s designs.
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