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  1. Market Data
July 28, 2022

Europe’s five largest commercial and leisure construction projects that commenced in Q2 2022

By Carmen

Here are Europe’s five largest commercial and leisure construction projects that were initiated in Q2 2022, according to GlobalData’s construction projects database.

1. Sines Hyper Scale Data Center – $4,210m

The project involves the construction of a hyper scale data center in Sines, Setubal District, Alentejo region, Portugal.

Construction work started in Q2 2022 and is expected to be completed in Q4 2025.

The project is also known as “Sines 4.0”.

2. Ballycoolin Data Center – $650m

The project involves the construction of two three-story data centers with a floor area of 57,398m2 in Dublin, Ireland.

Construction work commenced in Q2 2022 and is expected to finish in Q2 2026.

The project aims to provide cloud services business and expand data center capacity to improve the quality of services to users.

3. Milan US Consulate General Complex – $351m

The project involves the construction of a new US consulate on 4ha of land in Milan, Lombardy, Italy.

Construction work started in Q2 2022 and is forecast to complete in Q4 2025.

The existing buildings will become the site of an exhibition gallery and serve as a reception area while the actual consulate offices will be located behind the historic building. The facades and roof will be restored to maintaining the original design.

4. Zagan poviat Logistics Center – $322m

The project involves the construction of a logistics center on a 15,000m2 area in Lubusz, Poland.

Construction work commenced in Q2 2022 and is expected to be completed in Q4 2023.

The project aims to provide a logistics center. It will be one of Hermes’ largest hubs in Europe and will be used for the order picking operations of the e-commerce companies of the Otto Group and for value-added services (VAS). The majority of the orders processed will include clothing, textiles, jewellery, toys and small household appliances.

5. Arteixo Office Building Expansion – $250m

The project involves the construction of an office building in Arteixo, A Coruña, Galicia, Spain.

Construction work started in Q2 2022 and is expected to be completed in Q4 2023.

The project’s aim is to meet the growing demand for Zara company’s business requirements and to promote horizontal work dynamics between designers, pattern makers and commercial professionals at the premise.

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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