Bristol has proved to be one of the top performing cities in the past few years and lived up to this reputation with a record breaking performance in 2014.
That fits with the high rating of the south west as a place to live and also justifies the investment on new infrastructure, such as the A303 road and the electrification of the main railway line to London.
However, the question has to be asked whether this strong performance will not be damaged by 65,030 sq.metres (700,000 sq.ft.) coming out of the market for conversion to residential use. Logically that will depend on how much new development occurs to satisfy the growing demand for offices.
Here the signs are encouraging with new schemes planned but it is uncertain whether enough will be developed at a time when companies are growing as the economy strengthens.
To some extent this is also true of industrial property, which has been such a strong performer for a number of years.
Judging from the confident speeches of the Mayor, George Ferguson, the city will provide all that is needed for growth.
There is a focus on the new areas of the economy where Bristol has always done well, such as digital, defence and aerospace.
Here it has the advantage of being a location where people wish to live and also has the underpinning of the universities.