the world's most visited architecture website
i

Sign up now and start saving and organizing your favorite architecture projects and photos

Sign up now to save and organize your favorite architecture projects

i

Find the most inspiring products for your projects in our Product Catalog.

Find the most inspiring products in our Product Catalog.

i

Get the ArchDaily Chrome Extension and be inspired with every new tab. Install here »

i

All over the world, architects are finding cool ways to re-use run-down old buildings. Click here to see the best in Refurbishment Architecture.

Want to see the coolest refurbishment projects? Click here.

i

Immerse yourself in inspiring buildings with our selection of 360 videos. Click here.

See our immersive, inspiring 360 videos. Click here.

All
Projects
Products
Events
Competitions
Navigate articles using your keyboard
  1. ArchDaily
  2. News
  3. Why is it So Expensive to Build in London?

Why is it So Expensive to Build in London?

Why is it So Expensive to Build in London?

London is the world’s most expensive city to build in, but the reasons may surprise you. The city is well known for its high cost of living despite being far less crowded than cities such as Tokyo and New York. In fact, commercial real estate in London’s West End costs nearly twice as much as similarly sized spaces on New York’s Madison Avenue.

This video from the Economist reveals how these high costs arise thanks to the city’s historic infrastructure. Vast networks of underground tunnels, unexploded World War II bombs, ancient Roman ruins, and narrow medieval roads all make construction in the city a highly specialized endeavor. These difficulties, combined with strict historical preservation regulations drive up costs even more. However, architects and developers are not deterred, and are willing to pay high prices for the privilege of building in London. 

About this author
Evan Rawn
Author
Cite: Evan Rawn. "Why is it So Expensive to Build in London?" 16 Aug 2014. ArchDaily. Accessed . <https://www.archdaily.com/537863/why-is-it-so-expensive-to-build-in-london/> ISSN 0719-8884
Read comments