Economy
Why Does London Have So Much Empty Space?
Vacant properties add up to more than eight times the size of Central Park. The city could do more to encourage short-term uses of these spaces.
Never let it be said that London doesn’t have any space.
The U.K. capital may be undergoing a housing affordability crisis, but it still has a staggering amount of vacant commercial space, as well as land approved for building where no work has yet started. So says a report released today by British think tank Centre for London, which reveals just how much of London’s space is being left unused.