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Asia-Pacific: Five Largest Parking Facilities Construction Projects Started in Q4 2022

  • With a project value of $775 million, the Landcom/ Sydney Metro – The Hills Showground Station Precinct Mixed-Use Complex – New South Wales project was the largest Parking Facilities project in the Asia-Pacific, on which construction started in Q4 2022. The Landcom/ Sydney Metro – The Hills Showground Station Precinct Mixed-Use Complex – New South Wales project is located in Australia and initially announced in Q2 2018 with an estimated completion in Q4 2025. The JR-West RE / Nomura RE/ Urban Redev Assoc Okayama – Okayama City Ekimaecho 1-2-3-4 District Type 1 Urban Redevelopment – Okayama project was the second-largest project with a project value of $500 million, on which construction work started in Q4 2022. The JR-West RE / Nomura RE/ Urban Redev Assoc Okayama – Okayama City Ekimaecho 1-2-3-4 District Type 1 Urban Redevelopment – Okayama project is located in Japan and initially announced in Q1 2019 with an estimated completion in Q1 2026.

  • The Aga Khan Dev – The Aga Hall Estate – Maharashtra project was the third-largest project, the Seibu Hldg – Tokorozawa Station West Exit Development – Saitama was the fourth-largest project, and the SOAI Gakuen/ Taisei – Honmachi 4-chome Mixed-use Development – Osaka was the fifth-largest project with a project value of $242 million, $197 million and $150 million respectively. The Aga Khan Dev – The Aga Hall Estate – Maharashtra project located in India was announced in Q3 2021 with an estimated completion in Q1 2029, the Seibu Hldg – Tokorozawa Station West Exit Development – Saitama project located in Japan was announced in Q2 2022 with an estimated completion in Q4 2024 and the SOAI Gakuen/ Taisei – Honmachi 4-chome Mixed-use Development – Osaka project located in Japan was announced in Q2 2022 with an estimated completion in Q1 2026.

  • Among the five largest projects, the Aga Khan Dev – The Aga Hall Estate – Maharashtra project is the longest in terms of completion date, with construction expected to be completed in Q1 2029. On the other hand, the Seibu Hldg – Tokorozawa Station West Exit Development – Saitama project is the shortest in terms of completion date, with construction expected to be completed in Q4 2024.

Asia-Pacific: Five Largest Parking Facilities Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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