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Global: Five Largest Museums Construction Projects Started in Q1 2022

  • With a project value of $590 million, the NSWG – Parramatta Powerhouse Museum – New South Wales project was the largest Museums construction project globally, on which construction started in Q1 2022. The NSWG – Parramatta Powerhouse Museum – New South Wales project is located in Paramatta, Australia and initially announced in Q2 2014 with an estimated completion in Q4 2024. The Seminole – Five Points Government Complex – Florida project was the second-largest project with a project value of $490 million, on which construction work started in Q1 2022. The Seminole – Five Points Government Complex – Florida project is located in Sanford, United States and initially announced in Q1 2020 with an estimated completion in Q4 2030.

  • The MoE – Viking Age Museum – Oslo project was the third-largest project, the UKS/GoP – Shpagin Cultural Cluster – Perm was the fourth-largest project, and the BuVBS – Natural History Museum – Basel was the fifth-largest project with a project value of $217 million, $150 million and $115 million respectively. The MoE – Viking Age Museum – Oslo project located in Oslo(CITY), Norway was announced in Q1 2016 with an estimated completion in Q4 2025, the UKS/GoP – Shpagin Cultural Cluster – Perm project located in Perm(CITY), Russia was announced in Q2 2017 with an estimated completion in Q4 2024 and the BuVBS – Natural History Museum – Basel project located in Basel, Switzerland was announced in Q1 2013 with an estimated completion in Q1 2028.

  • Among the five largest projects, the Seminole – Five Points Government Complex – Florida project is the longest in terms of completion date, with construction expected to be completed in Q4 2030. On the other hand, the NSWG – Parramatta Powerhouse Museum – New South Wales project is the shortest in terms of completion date, with construction expected to be completed in Q4 2024.

Global: Five Largest Museums Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

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