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

Australia: Five Largest Parking Facilities 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 Parking Facilities 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 LOGOS/KKR/Mubadala – Wacol Logistics Hub – Queensland project was the second-largest project with a project value of $154 million, on which construction work started in Q1 2022. The LOGOS/KKR/Mubadala – Wacol Logistics Hub – Queensland project is located in Australia and initially announced in Q1 2020 with an estimated completion in Q3 2023.

  • The KH – Grand Reve Residential Development – New South Wales project was the third-largest project, the Frasers – Brunswick Street Build-to-Rent Community – Queensland was the fourth-largest project, and the Aniko – Athena Residences – Queensland was the fifth-largest project with a project value of $144 million, $100 million and $89 million respectively. The KH – Grand Reve Residential Development – New South Wales project located in Australia was announced in Q4 2019 with an estimated completion in Q4 2023, the Frasers – Brunswick Street Build-to-Rent Community – Queensland project located in Australia was announced in Q4 2020 with an estimated completion in Q4 2024 and the Aniko – Athena Residences – Queensland 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 LOGOS/KKR/Mubadala – Wacol Logistics Hub – Queensland project is the shortest in terms of completion date, with construction expected to be completed in Q3 2023.

Australia: Five Largest Parking Facilities 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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