Here are the five largest construction projects initiated in Japan during Q1 2022, according to GlobalData’s construction projects database.
1. Logiport Nagoya – $1,110m
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The project involves the construction of a four-story, logistics facilities with a floor area of 355,109.45m2 on a 15.7ha area in Nagoya, Aichi.
Construction work started in Q1 2022 and is expected to be completed in Q3 2023.
The project aims to provide better logistics and storage facilities in the region.
2. JR Koiwa Station North Exit District Type One Urban Redevelopment – $559m
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By GlobalDataThe project involves the construction of a 110m high, 30-story above ground, and one-story below ground mixed-use tower with a floor area of 94,709m2 on 0.86ha of land in Tokyo.
Construction work commenced in Q1 2022 and is expected to finish in Q1 2027.
The project aims to create a lively city area by integrally constructing a redevelopment building and improving the station square.
3. Kobe Nagata Logistics Center – $435m
The project involves the construction of a logistics facilities with a floor area of 145,780m2 in a 7.99ha area in Kobe, Hyogo.
Construction work started in Q1 2022 and is forecast to complete in Q4 2023.
The project aims to provide better logistics and storage facilities in the region.
4. LF Nara – $405m
The project involves the construction of a four-story, logistics facilities with a floor area of 124,000m2 in a 5.80ha area in Ikoma, Nara.
Construction work commenced in Q1 2022 and is expected to be completed in Q1 2023.
The project aims to provide better logistics and storage facilities in the region.
5. Hirakatashi Station Area Type One Urban Redevelopment – $392m
The project involves the construction of commercial buildings on 2.2ha of land in Hirakata, Osaka.
Construction work started in Q1 2022 and is expected to be completed in Q4 2025.
The project aims to provide better residential and commercial facilities in the region.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
