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

Top five multi-family housing construction projects that commenced in Germany in Q4 2021

By Carmen

Here are the top five multi-family housing construction projects that commenced in Germany in Q4 2021, according to GlobalData’s construction projects database.

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1. Quartier Grand Central Mixed-Use Development – $651m

The project involves the construction of a mixed-use complex on a 3.8ha area in Flingern, Düsseldorf, North Rhine-Westphalia, Germany.

Construction work started in Q4 2021 and is expected to be completed in Q4 2026.

The project aims to provide residential, commercial and leisure facilities and meet the growing demand in Flingern.

2. Westville Residential Complex – $200m

The project involves the construction of a residential complex with 1,200 apartments on a 5.1ha of land with a gross floor area of 120,000m2 in Frankfurt, Hessen, Germany.

Construction work commenced in Q4 2021 and is expected to finish in Q4 2024.

The aim of the project is to develop a residential complex with modern residential amenities for people in Frankfurt.

3. Eidelstedt Mixed-Use Development – $190m

The project involves the construction of a mixed-use complex on a 20,000m2 area in Eidelstedt, Hamburg, Germany.

Construction work started in Q4 2021 and is forecast to complete in Q4 2025.

The project aims to build subsidized rental apartments as well as condominiums.

4. Lichtenberg Residential Development – $125m

The project involves the construction of a residential quarter on a 12,855m2 area in Berlin-Lichtenberg, Germany.

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

The project aims to meet the growing demand for residential units in the region.

5. Solingen Mixed-Use Development – $91m

The project involves the construction of mixed-use facilities on 5,200m2 of land in Neumarkt in Solingen, Nort Rhine-Westphalia, Germany.

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

The project aims to build mixed-use facilities with modern amenities to meet the growing demand for office and residential facilities.

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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