The company is based in Nottingham but has recently chosen to expand and look at other locations for its premises.
It has offices in Derby and Leicester and said its strong links with Sheffield made it the ideal location for a further base.
Managing director David Sumner explained BSP Consulting has played a role in a number of property redevelopments and other projects in the northern city.
He said: "We are taking an optimistic view and see the opening of our Sheffield office as a very positive move towards boosting our future and developing new markets."
And, despite the difficult conditions in the construction industry, Mr Sumner stated now is the ideal time to create a permanent base in the city.
Over 2,000 projects have been completed by the organisation since its launch in 1999, it notes.
Posted by Suzannah Taylor