With a project value of $2,000 million, the ESR Cayman – OS Cosmosquare Data Center – Osaka project was the largest construction project in Japan, on which construction started in Q4 2022. The ESR Cayman – OS Cosmosquare Data Center – Osaka project is located in Osaka(CITY), Japan and initially announced in Q2 2021 with an estimated completion in Q1 2026. The MLIT Japan – Shitara Dam Development – Aichi project was the second-largest project with a project value of $570 million, on which construction work started in Q4 2022. The MLIT Japan – Shitara Dam Development – Aichi project is located in Japan and initially announced in Q3 2022 with an estimated completion in Q4 2034.
The Kindai Univ – Sakai City Kinki School of Medicine and Hospital Development – Osaka project was the third-largest project, the JR-West RE / Nomura RE/ Urban Redev Assoc Okayama – Okayama City Ekimaecho 1-2-3-4 District Type 1 Urban Redevelopment – Okayama was the fourth-largest project, and the Innocent Co/ JA Mitsui Lease/ Renova/ Toho Gas – Karatsu Biomass Power Plants 49.9 MW – Saga Prefecture was the fifth-largest project with a project value of $530 million, $500 million and $208 million respectively. The Kindai Univ – Sakai City Kinki School of Medicine and Hospital Development – Osaka project located in Sakai, Japan was announced in Q3 2020 with an estimated completion in Q3 2025, the JR-West RE / Nomura RE/ Urban Redev Assoc Okayama – Okayama City Ekimaecho 1-2-3-4 District Type 1 Urban Redevelopment – Okayama project located in Okayama(CITY), Japan was announced in Q1 2019 with an estimated completion in Q1 2026 and the Innocent Co/ JA Mitsui Lease/ Renova/ Toho Gas – Karatsu Biomass Power Plants 49.9 MW – Saga Prefecture project located in Karatsu, Japan was announced in Q3 2021 with an estimated completion in Q4 2024.
Among the five largest projects, the MLIT Japan – Shitara Dam Development – Aichi project is the longest in terms of completion date, with construction expected to be completed in Q4 2034. On the other hand, the Innocent Co/ JA Mitsui Lease/ Renova/ Toho Gas – Karatsu Biomass Power Plants 49.9 MW – Saga Prefecture project is the shortest in terms of completion date, with construction expected to be completed in Q4 2024.
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