The global construction market is forecasted by GlobalData to grow by 1.8% in real terms in 2023, having grown by 1.7% in 2022. While the residential construction market in many countries will decline, this will be offset by high growth in the infrastructure sector, with output rising by 8.3% 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.

Driving growth in the market in 2022 and over the remainder of the decade are a potential 135 mega hydroelectric projects, costing over $100m each. Here are the largest educational building construction projects initiated globally in Q4 2023, according to GlobalData’s construction projects database.

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1. The Paul and Diane Manning Institute of Biotechnology

The project involves the construction of a four-story, 32,516m2 Paul and Diane Manning Institute of Biotechnology in Charlottesville, Virginia, the US.

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

The project will focus on translational medical research to produce new medical treatments. It will generate the latest technology and develop the commonwealth as a life science hub. It will also create 2,000 jobs in the region. Buy the profile here.

2. Bristol-Plymouth Technical High School

The project involves the construction of a high school in Taunton, Massachusetts, the US.

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

The project aims to replace its existing, aged and undersized school with a new school and meet the educational needs of students. Buy the profile here.

3. Diman Regional Vocational Technical High School

The project involves the construction of a four-story, 36,417.99m2 high school in Massachusetts, the US.

Construction work started in Q4 2023 and is forecast to complete in Q2 2026.

The project aims to replace aged, and undersized schools with a new school and meet the educational needs of students. Buy the profile here.

4. Mount Carmel Campus Upgrade

The project involves the upgrade of three buildings on a 41,248m2 floor area in Hamden, Connecticut, the US

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

The main aim of the campus upgrade project is to reimagine the role of classrooms and buildings in the learning journey and provide learning opportunities for students and teachers. Buy the profile here.

5. University of Michigan Center for Innovation

The project involves the construction of three buildings on 1.6ha of land in Detroit, Michigan, the US.

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

The aim of the project is to increase access to opportunity for Detroiters, help nurture and retain talent and drive positive social and economic impacts throughout the city, region, and state. 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.