Construction
The story so far...
The Construction sector in Basingstoke is one that has experienced continual growth. With an industry GVA that made up 9% of the borough’s total GVA in 2022, the construction industry is of significant importance to the Basingstoke and Deane economy. Although it is not considered a priority sector, the industry has had a significant role in helping to deliver new homes in the borough as part of the Local Plan and supporting redevelopment in the borough through several projects.
The construction sector employs around 5,000 people in the borough, ranking as the joint 5th sector (Nomis). This is a clear indicator that the construction industry has strong roots in Basingstoke and Deane and is a significant employer for the residents of the borough. GVA for the construction industry increased by £190million from 2021 to 2022.
Where are we now?
- 981 companies in the sector based in the borough (Q2, 2022)
- 5,000 jobs (2022)
- £709m sector total GVA (2022)
“Basingstoke is a prime location for growing construction businesses and home to many of the main national housebuilders. It is a town that is growing in its own right and, with easy access to the major road network of M3, M4, M27, M25, it is centrally located for efficient movement of labour and materials to be able to service a wide geographical area. Award-winning colleges also ensure a supply of well-trained staff, both trades and non-trades. The town enjoys a great network of likeminded businesses ensuring cross collaboration, support and increased market opportunities. We have been based in Basingstoke for over 40 years and seen the town grow and develop, improving the facilities and infrastructure for businesses and the staff we employ. It is an ideal place to work and for staff to live.”
Kevin Croombs, The Champion Group
Harnessing our talent
For many companies, the talent pool is an important factor in their choice of location. Basingstoke is a place where great ideas are shaping things to come. Developing firms of all sizes in the industry and the entrepreneurs of today and tomorrow can locate themselves within a borough that has the construction industry at the heart of its economy.
How we can help
The Economic Development team can save your business time, money and effort by utilising our expert knowledge of the area. We can help you with:
- your property search
- recruitment and training
- making introductions to the business community
- connecting your business to growth support
- co-ordinating with our internal teams to make your move as smooth as possible
- promotion following your move to Basingstoke.
Get in touch via business@lovebasingstoke.co.uk
