Construction work on Welcome Venture Park located in Durham, North Carolina, the US commenced in Q2 2023, after the project was announced in Q2 2021. According to GlobalData, who tracks and profiles more than 220,000 major construction projects from announcement to completion, the project is expected to be completed by Q4 2026. To learn more about the Welcome Venture Park project, buy the profile here.

The project involves the construction of a 120,774m2 industrial complex on 65ha of land in Durham, North Carolina, the US.

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The project includes the following:

1. Construction of a warehouse space
2. Construction of a distribution space
3. Construction of a storage space
4. Construction of a parking space
5. Installation of safety and security systems

Construction on the project, spread across 65 hectares, is expected to be completed by Q4 2026.

For more details on the Welcome Venture Park project, buy the profile here.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.