Here are the largest institutional building construction projects initiated globally in Q4 2021, according to GlobalData’s construction projects database.
1. Kanal-Center Pompidou Museum – $177m
The project involves the construction of a museum on 1.7ha of land with a total gross floor area of 45,000m2 in Brussels, Brussels Capital region, Belgium.
Construction work started in Q4 2021 and is expected to be completed in Q1 2024.
The project is located on the former site of Citroën Yser garage on the Place de l’Yser in Brussels.
2. JBSA Randolph Air Force Personnel Center – $100m
The project involves the construction of a headquarters building on 0.8ha of land in Texas, the US.
Construction work commenced in Q4 2021 and is expected to finish in Q1 2023.
The project aims to provide better administrative and infrastructure facilities in the region.
3. The New Heart of Ryde – $71m
The project involves the construction of a civic center in Ryde, New South Wales, Australia.
Construction work started in Q4 2021 and is forecast to complete in Q4 2022.
The project aims to redevelop the current Ryde Civic Centre site to deliver a four-fold increase in community space.
4. Strasbourg Administrative City Renovation – $61m
The project involves the renovation of an administrative building on a 3.5ha of land in Strasbourg, Grand-Est region, France.
Construction work commenced in Q4 2021 and is expected to be completed in Q4 2023.
The purpose of the project is to bring different administrative authorities under one roof.
5. Ministry of Interior Headquarters Complex – $60m
The project involves the construction of a new headquarters building on 5.6ha of land in Phnom Penh, Cambodia.
Construction work started in Q4 2021 and is expected to be completed in Q3 2023.
The purpose of the project is to provide a modern and sophisticated office building for the government bodies in Phnom Penh. The new ministry office can accommodate up to 8,500 members.
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.
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