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February 25, 2022updated 27 Jul 2022 5:34pm

South and Central America’s five largest multi-family housing construction projects that commenced in Q4 2021

By Carmen

Here are South and Central America’s five largest multi-family housing construction projects that were initiated in Q4 2021, according to GlobalData’s construction projects database.

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1. Origina Santa Fe Luxury Housing – $100m

The project involves the construction of two luxury housing towers with a floor area of 16,521m2 in Santa Fe, Mexico City, Mexico.

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

The objective is to provide residential facilities to meet the growing demand.

2. Faisanes Residential Complex – $25m

The project involves the construction of a residential complex at Calle faisanes 337, Mariscal Andres Avelino Caceres in Chorrillos, Lima, Peru.

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

The project aims to provide better residential facilities in the region.

3. Raizes VM Residential Complex – $25m

The project involves the construction of a residential complex in São Paulo, Brazil.

Construction work started in Q4 2021 and is forecast to complete in Q4 2023.

The objective of the project is to provide enhanced living facilities in the region.

4. Edificio Vista Verde Residential Complex – $25m

The project involves the construction of a residential complex at Jr. Torres Paz 834 Santa Beatriz in Lima Cercado, Lima, Peru.

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

The objective of the project is to meet the growing demand for residential facilities in the region.

5. Haus Mitre Plato Ipiranga Residential Complex – $25m

The project involves the construction of a residential complex in Ipiranga, São Paulo, Brazil.

Construction work started in Q4 2021 and is expected to be completed in Q4 2023.

The objective of the project is to provide enhanced living 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.

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