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

Australia: Five Largest Office Buildings Construction Projects Started in Q1 2022

  • With a project value of $419 million, the Cbus/Nielson – 205 North Quay Office Tower – Queensland project was the largest Office Buildings construction project in Australia on which construction started in Q1 2022. The Cbus/Nielson – 205 North Quay Office Tower – Queensland project is located in Australia and initially announced in Q1 2019 with an estimated completion in Q4 2024. The Riverlee – Seafarers Place Mixed-Use Development – Victoria project was the second-largest project with a project value of $387 million, on which construction work started in Q1 2022. The Riverlee – Seafarers Place Mixed-Use Development – Victoria project is located in Australia and initially announced in Q4 2015 with an estimated completion in Q2 2024.

  • The GAG – Melbourne Golden Age Office Tower – Victoria project was the third-largest project, the Frasers – Canvas West Office And Warehouse Development – Victoria was the fourth-largest project, and the Private – 550-558 Spencer Street Office Tower – Victoria was the fifth-largest project with a project value of $125 million, $39 million and $29 million respectively. The GAG – Melbourne Golden Age Office Tower – Victoria project located in Australia was announced in Q3 2021 with an estimated completion in Q1 2024, the Frasers – Canvas West Office And Warehouse Development – Victoria project located in Australia was announced in Q1 2020 with an estimated completion in Q3 2022 and the Private – 550-558 Spencer Street Office Tower – Victoria project located in Australia was announced in Q3 2020 with an estimated completion in Q3 2023.

  • Among the five largest projects, the Cbus/Nielson – 205 North Quay Office Tower – Queensland project is the longest in terms of completion date, with construction expected to be completed in Q4 2024. On the other hand, the Frasers – Canvas West Office And Warehouse Development – Victoria project is the shortest in terms of completion date, with construction expected to be completed in Q3 2022.

Australia: Five Largest Office Buildings Construction Projects Started in Q1 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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