Top five office building construction projects commenced in Australia in Q3 2021
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Top five office building construction projects that commenced in Australia in Q3 2021

By Carmen 08 Nov 2021 (Last Updated November 22nd, 2021 13:16)

Here are the top five office building construction projects that commenced in Australia in Q3 2021, according to GlobalData’s construction projects database.

1. Elizabeth Quay Lot V and Lot VI Mixed-Use Complex – $841m

The project involves the construction of two mixed-use towers on a 7,000m2 area comprising 58-story mixed-use tower and a 21-story commercial tower on Lot 5 and 6 at Elizabeth Quay in Perth, in Western Australia.

Construction work started in Q3 2021 and is expected to be completed in Q4 2025.

The project aims to provide mixed-use facilities including residential, commercial, retail, and office facilities in the region.

2. Box Hill Mixed-Use Community – $461m

The project involves the construction of a 250,000m2 mixed-use community across seven sites in Box Hill, Victoria.

Construction work commenced in Q3 2021 and is expected to finish in Q1 2030.

The project aims to develop a mixed-use community on land fronting Whitehorse Road with apartments, offices, a hotel, and retail space.

3. North Sydney Office Development – $215m

The project involves the construction of a 10-level office building on a 15,000m2 area in Sydney.

Construction work started in Q3 2021 and is forecast to complete in Q2 2023.

The project involves the demolition of 40 residential apartments across five buildings at the location.

4. 79 Wellington Street Mixed-Use Development – $80m

The project involves the construction of a 10-story mixed-use complex in Melbourne, Victoria.

Construction work commenced in Q3 2021 and is expected to be completed in Q4 2022.

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

5. 637 Flinders Street Office Redevelopment – $59m

The project involves the construction of a 14-story office tower on 0.42ha of land in Melbourne, Victoria.

Construction work started in Q3 2021 and is expected to be completed in Q3 2022.

The project aims to provide better commercial and office 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.