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Mixed-use facilities will help housing shortage, say MPs

12 December 2017

Research conducted by the Federation of Master Builders (FMB) shows 94% of MPs believe converting empty spaces above retail premises could help to solve the UK's housing shortage.

There has been a notable increased in mixed-use facilities being constructed in recent years, increasing demand on FMs to consider all aspects of the requirements involved.

The FMB study also shows that 89% of MPs say converting space above shops could boost growth in the area.

This would also increase the vibrancy of town centres, said 86% of MPs, with the FMB stating that "as many as 300,000 to 400,000 new homes could be created by making use of empty spaces above shops on our high streets".

Chief executive Brian Berry said: "The fact that 90% of our MPs of all parties recognise the potential of our existing buildings to help solve the housing crisis means we need to be more imaginative, if we are going to build the 300,000 homes a year that the Chancellor pledged in last month's budget."

Creating more mixed-use premises is also seen as another means of improving the financial returns from a facility.

The recent student accommodation projects undertaken by universities can be seen to have frequently included retail and leisure facilities, while new office buildings often also include these and others.

The FMB report Homes on our high streets was officially launched at the House of Lords yesterday.


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