About the report
The UK is in the midst of a housing crisis fuelled by an acute imbalance between supply and demand. There is a lack of available development land in locations where new housing is needed most. JLL Residential Research explores an innovative solution to enable the creation of sites sufficient to build homes for one million people.
A trend towards urban living has disproportionately put a strain on the UK’s town and city local authorities to allocate sites for residential development – typically in areas where land is unavailable. Could car parks represent a solution?
JLL has identified just under 10,500 car parks in the UK’s towns and cities with the possibility to comfortably accommodate up to 400,000 homes, enough to house circa one million people.
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