The first 3 months of 2015 has seen a record amount of space being developed in the square mile, a seven year high for a quarter and more in the first quarter than in 2013 and 2014. After a lull dating back to 2008, City development is on the up. Large scale developments such as the Scalpel and London Wall Place account for 1.4m sq. ft. of new space, whilst groundworks have begun at 100 Bishopsgate. These have boosted development numbers significantly; however there is still a vast lack of available space in the current market.