Recently, our Managing Director, Kevin caught up with East Midlands Business Link to give his 2023 business predictions with an emphasis on the construction sector and the need for sustainability.
Each year Business Link invites the region’s business leaders to offer up their predictions for the year ahead. It has become something of a tradition, given that they’ve been doing this now for over 30 years.
Here are his thoughts.
It is no surprise that the cost of living crisis has caused a high degree of market uncertainty within the housing sector. Despite the current economic challenges, now is a great time for housebuilders and land promoters to look ahead and keep pushing forward with sustainability and low energy homes.
Now more than ever, buyer demands and environmental concerns are influencing how we create housing developments that serve the local community. Here at Stagfield we are already predicting a greater focus on sustainability. With climate change and energy prices ever increasing, our focus is very much on providing innovative low energy homes, which helps combat the cost of living and creates desirable communities that people want to live in.
With the need for housing, biodiversity and improvements to infrastructure also a strong focal point, we’re also expecting to see a greater interest in landowners who own brownfield or greenfield land, looking to realise the value of their land and bring forward development opportunities.