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Global: Five Largest Low-Rise Apartment Blocks Construction Projects Started in Q4 2022

  • With a project value of $6,800 million, the DP World/ EMAAR – Mina Rashid Redevelopment – Dubai project was the largest Low-Rise Apartment Blocks construction project globally, on which construction started in Q4 2022. The DP World/ EMAAR – Mina Rashid Redevelopment – Dubai project is located in Dubai(CITY), United Arab Emirates and initially announced in Q1 2019 with an estimated completion in Q4 2026. The JBM Dev – Buckstone Mixed-Use Development – Ohio project was the second-largest project with a project value of $1,000 million, on which construction work started in Q4 2022. The JBM Dev – Buckstone Mixed-Use Development – Ohio project is located in , United States and initially announced in Q1 2021 with an estimated completion in Q4 2024.

  • The Realstone – Neuhegi Haus Weiler Residential Development – Zurich project was the third-largest project, the Landcom/ Sydney Metro – The Hills Showground Station Precinct Mixed-Use Complex – New South Wales was the fourth-largest project, and the Rossview Farms – Marcelina Mixed-Use Community – Tennessee was the fifth-largest project with a project value of $900 million, $775 million and $700 million respectively. The Realstone – Neuhegi Haus Weiler Residential Development – Zurich project located in Winterthur, Switzerland was announced in Q1 2020 with an estimated completion in Q4 2024, the Landcom/ Sydney Metro – The Hills Showground Station Precinct Mixed-Use Complex – New South Wales project located in Sydney, Australia was announced in Q2 2018 with an estimated completion in Q4 2025 and the Rossview Farms – Marcelina Mixed-Use Community – Tennessee project located in Clarksville, United States was announced in Q1 2022 with an estimated completion in Q1 2026.

  • Among the five largest projects, the DP World/ EMAAR – Mina Rashid Redevelopment – Dubai project is the longest in terms of completion date, with construction expected to be completed in Q4 2026. On the other hand, the JBM Dev – Buckstone Mixed-Use Development – Ohio project is the shortest in terms of completion date, with construction expected to be completed in Q4 2024.

Global: Five Largest Low-Rise Apartment Blocks Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

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