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

Global: Five Largest Shopping Centres & Retail Malls Construction Projects Started in Q4 2022

  • With a project value of $1,940 million, the Clevo/ Hongwell Grp – Taipei Twin Towers Development – Taipei project was the largest Shopping Centres & Retail Malls construction project globally, on which construction started in Q4 2022. The Clevo/ Hongwell Grp – Taipei Twin Towers Development – Taipei project is located in Taipei(CITY), Taiwan and initially announced in Q4 2019 with an estimated completion in Q4 2027. The Biomed Realty Trust – Kendall Square Block 585 Mixed-Use Building – Massachusetts project was the second-largest project with a project value of $290 million, on which construction work started in Q4 2022. The Biomed Realty Trust – Kendall Square Block 585 Mixed-Use Building – Massachusetts project is located in Cambridge, United States and initially announced in Q3 2018 with an estimated completion in Q3 2025.

  • The New Jersey Transit – Hoboken Terminal & Rail Yard Redevelopment – New Jersey project was the third-largest project, the Pochin's Ltd/ Praxis RE – The Airfields and Northern Gateway Mixed-Use Development – County of Flintshire was the fourth-largest project, and the Anhui Conch Ven – Hotel NDC 2 Molas – North Sulawesi was the fifth-largest project with a project value of $175 million, $153 million and $150 million respectively. The New Jersey Transit – Hoboken Terminal & Rail Yard Redevelopment – New Jersey project located in Hoboken, United States was announced in Q1 2005 with an estimated completion in Q2 2023, the Pochin's Ltd/ Praxis RE – The Airfields and Northern Gateway Mixed-Use Development – County of Flintshire project located in Deeside, United Kingdom was announced in Q4 2010 with an estimated completion in Q4 2025 and the Anhui Conch Ven – Hotel NDC 2 Molas – North Sulawesi project located in Manado, Indonesia was announced in Q1 2022 with an estimated completion in Q4 2024.

  • Among the five largest projects, the Clevo/ Hongwell Grp – Taipei Twin Towers Development – Taipei project is the longest in terms of completion date, with construction expected to be completed in Q4 2027. On the other hand, the New Jersey Transit – Hoboken Terminal & Rail Yard Redevelopment – New Jersey project is the shortest in terms of completion date, with construction expected to be completed in Q2 2023.

Global: Five Largest Shopping Centres & Retail Malls Construction Projects Started in Q4 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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