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

Top five office building construction projects that commenced in Canada in Q4 2021

By Carmen

Here are the top five office building construction projects that commenced in Canada in Q4 2021, according to GlobalData’s construction projects database.

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1. Currie Barracks Mixed-Use Development – $1,000m

The project involves the construction of a mixed-use community comprising 5,700 residential units, office and commercial facilities in Calgary, Alberta, Canada.

Construction work started in Q4 2021 and is expected to be completed in Q4 2024.

The project aims to provide a community with residential, commercial and retail facilities to house 11,000 residents. It is the final part in a three-phase redevelopment of a closed Canadian Forces base.

2. Metrotown Property Redevelopment – $778m

The project involves the construction of seven multipurpose facility towers on a 3.60ha site area on the South Side of Kingsway at Nelson Avenue, Next to Metropolis in Burnaby.

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

The project aims to provide a diverse range of modern amenities including, residential, hotel, retail, commercial, and innovation space facilities under one roof for people in the city.

3. 1067 Yonge Street Office Complex – $50m

The project involves the construction of a 1,437m2 four story office complex in Toronto, Ontario, Canada.

Construction work started in Q4 2021 and is forecast to complete in Q1 2025.

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

4. 3700 Gilmore Way Expansion – $50m

The project involves construction of  three- and- five-story office buildings on 5ha of land, Vancouver, British Columbia, Canada.

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

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

5. QRC West Phase II Office Complex – $30m

The project involves the construction of an 8,134m2 seven story building in Ontario, Canada.

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

The project aims to provide better commercial 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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