The value of Ireland construction market is forecasted by GlobalData to decline by 4.1% in real terms in 2024, having grown by 15.3% in 2023. A key growth market will be the infrastructure market, with output dropping by 4.2% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the five largest construction projects initiated in Ireland during Q1 2024, according to GlobalData’s construction projects database.
1. North Docklands Build to Rent Development
The project involves the construction of 702 apartments and a 219-key hotel in nine blocks ranging from one to 18 stories across 1.86ha of land at Castleforbes Business Park in Leinster.
Construction work started in Q1 2024 and is expected to be completed in Q4 2027.
The residential tower is part of a development of more than 550 apartments close to the north docks in Dublin comprising nine blocks, ranging in height from three stories to 15 stories, around a central plaza.
2. Athenry Glucose Monitor Manufacturing Facility
The project involves the construction of a glucose monitor manufacturing plant in Athenry, Galway, Connaught.
Construction work commenced in Q1 2024 and is expected to finish in Q2 2028.
The project aims to meet the increasing demand for continuous glucose monitoring (CGM) systems. Buy the profile here.
3. Clondalkin Gas Power Plant
The project involves the construction of a gas power plant with a capacity of 170MW in Dublin, Leinster.
Construction work started in Q1 2024 and is forecast to complete in Q3 2027.
The plant would be used for Dublin 14 and Dublin 15 data centers.
4. Church Fields Residential Community Phase 3A
The project involves the construction of three to 4 story 300 homes on 9.47ha of land in Dublin.
Construction work commenced in Q1 2024 and is expected to be completed in Q4 2027.
5. Portlaoise Smart Factory
The project involved the construction of a manufacturing plant on 10,000sqm on 3ha of land in County Laois, Leinster.
Construction work started in Q1 2024 and is expected to be completed in Q4 2026.
The project aims to provide an extensive range of reinforcing steel products and services to the construction industry in a diverse range of sectors.
For more details on the latest construction projects, buy the profiles here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.