According to GlobalData, the value of Japan construction market is forecast to grow by 0.9% in real terms in 2023, having grown by 2.5% in 2022. A key growth market will be the infrastructure market, with output rising by 1.5% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.

Here are the top five office building construction projects that commenced in Japan in Q4 2023, according to GlobalData’s construction projects database.

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1. Higashigotanda Two Chome Third District Type One Urban Redevelopment

The project involves the construction of two buildings comprising District A and District B at 2-Chome, Higashigotanda, Shinagawa-Ku, Tokyo.

Construction work started in Q4 2023 and is expected to be completed in Q4 2027.

The project’s main aim is to provide better office and residential facilities in the region. Buy the profile here.

2. Tenjin Business Center Phase 2 Project

The project involves the construction of an 88.2m, 62,932 m2, office building with 18 floors above ground and two-floor below ground on 0.40ha of land in Fukuoka Prefecture.

Construction work commenced in Q4 2023 and is expected to finish in Q2 2026.

The project aimed to provide better office and shopping facilities in the region. Buy the profile here.

3. Tenjin Nishidori Business Center Development

The project involves the construction of a 113m tall, 42,000 m2, 24-story office building on 0.28ha of land at 2-8 Tenjin, Chuo-ku, Fukuoka-shi, Fukuoka Prefecture.

Construction work started in Q4 2023 and is forecast to complete in Q2 2025.

Buy the profile here.

4. Mitsui Shopping Park LaLaport Anjo

The project involves the construction of a four-story, 171,000m2 commercial complex on 10.58ha of land in Anjo City, Aichi Prefecture.

Construction work commenced in Q4 2023 and is expected to be completed in Q2 2025.

The project aims to provide better office, retail and hospitality facilities in the region. Buy the profile here.

5. Fukuoka City Bank New Head Office Building

The project involves the construction of a 75,000m2, 14-story above-ground, and four-story below-ground office tower on 0.52ha of land in Hakata-Ku, Fukuoka Prefecture.

Construction work started in Q4 2023 and is expected to be completed in Q1 2026.

The project aims to provide better office facilities in the region. Buy the profile here.

For more details on the latest construction projects, buy the profiles here.

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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.