City top for home developments
YORK has been named as one of the best locations in the UK to develop and invest in residential property, according to latest research from Savills.
However, the number of viable sites available for building still falls short when it comes to longer term prospects.
Matthew Jones, residential development director at Savills Yorkshire, says: “York has strong residential market recovery yet below par levels of delivery to date.
“Development sites that do come to the market in the city are attracting a lot of interest.
“For example we’ve seen a number of key developers looking at investing in the Chocolate Works site on the South Bank which we’re currently marketing.”