The five largest office building construction projects initiated globally in Q3 2021
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Five largest office building construction projects initiated globally in Q3 2021

By Carmen 11 Oct 2021

Here are the largest office building construction projects initiated globally in Q3 2021, according to GlobalData’s construction projects database.

1. Hamamatsucho Shibaura 1 Chome Redevelopment – $3,170m

The project involves the construction of a 550,000m2 mixed-use complex comprising of two 232.55m tall buildings each on 4ha of land in Minato-Ku, Tokyo, Japan.

Construction work started in Q3 2021 and is expected to be completed in Q4 2030.

It is located in the Hamamatsucho district, close to a station for magnetic-levitation bullet train service.

2. East River Mixed-Use Development – $2,500m

The project involves the construction of a mixed-use complex on 61ha of area in Houston, Texas, the US.

Construction work commenced in Q3 2021 and is expected to finish in Q4 2040.

The project aims to provide better residential and retail facilities to the region.

3. The Link Tower – $1,120m

The project involves the construction of two mixed-use building towers in Paris La Défense, in the district of Michelet, Île-de-France region, France.

Construction work started in Q3 2021 and is forecast to complete in Q2 2025.

The purpose of the project is to meet the growing office spaces and leisure facilities requirements in the region.

4. Pittsburgh Mixed-Use Development – $1,000m

The project involves the construction of a mixed-use development on 11.33ha of land in Pennsylvania, the US.

Construction work commenced in Q3 2021 and is expected to be completed in Q4 2023.

The purpose of the project is to enhance local community by providing state of the art mixed-use facilities including residential, commercial and office along with other recreational amenities under one roof for people in the city.

5. Madison Yards Mixed-Use Redevelopment – $1,000m

The Madison Yards project involves the construction of mixed-use community on 8.4ha of land in Madison, Wisconsin, the US.

Construction work started in Q3 2021 and is expected to be completed in Q4 2026.

The project aims to provide better residential and commercial facilities in the region.

Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

Carmen

Carmen is a robot, or rather an algorithmic journalist, who creates valuable automated content for our audiences. Carmen's focus is to deliver deep, fact-based articles and to free up our human journalists to interpret, analyse and explain developments.