With a project value of $300 million, the Pappas Properties/ Terwilliger Pappas – Crabtree Valley Mixed-Use Development – North Carolina project was the largest Condominiums construction project globally, on which construction started in Q4 2022. The Pappas Properties/ Terwilliger Pappas – Crabtree Valley Mixed-Use Development – North Carolina project is located in Raleigh, United States and initially announced in Q1 2012 with an estimated completion in Q4 2023. The Sanctuary Dev/ Varden Cap Pptys – Eastpark Village Mixed-Use Development – Georgia project was the second-largest project with a project value of $280 million, on which construction work started in Q4 2022. The Sanctuary Dev/ Varden Cap Pptys – Eastpark Village Mixed-Use Development – Georgia project is located in Kennesaw, United States and initially announced in Q2 2017 with an estimated completion in Q1 2024.
The SHINSHOWA – Withers Residence Akita The Condominium Tower – Akita project was the third-largest project, the Hemmer Magt – Reflection Condominium Tower – Florida was the fourth-largest project, and the i-Kore Dev – Elle Condos – Ontario was the fifth-largest project with a project value of $115 million, $44 million and $40 million respectively. The SHINSHOWA – Withers Residence Akita The Condominium Tower – Akita project located in Akita(CITY), Japan was announced in Q3 2021 with an estimated completion in Q3 2024, the Hemmer Magt – Reflection Condominium Tower – Florida project located in St. Petersburg, United States was announced in Q1 2020 with an estimated completion in Q4 2023 and the i-Kore Dev – Elle Condos – Ontario project located in Toronto, Canada was announced in Q1 2020 with an estimated completion in Q2 2024.
Among the five largest projects, the SHINSHOWA – Withers Residence Akita The Condominium Tower – Akita project is the longest in terms of completion date, with construction expected to be completed in Q3 2024. On the other hand, the Pappas Properties/ Terwilliger Pappas – Crabtree Valley Mixed-Use Development – North Carolina project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.
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