The value of the UK construction market is forecasted by GlobalData to decline by 1.9% in real terms in 2024, having grown by 4.1% in 2023. A key growth market will be the infrastructure market, with output rising by 3.1% 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 the UK during Q4 2024, according to GlobalData’s construction projects database.
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1. London Docklands Data Center
The project involves the construction of three eight-story data centers across 206,415m2 with a consumption capacity of 70MW each on 8ha of land in East London Docklands, London.
Construction work started in Q4 2024 and is expected to be completed in Q4 2026.
2. Sweet Street West Mixed-Use Complex
The project involves the construction of a mixed-use complex comprising 10- to 27-story building with 1,350 residential units on a 3.05ha of land in Holbeck, Leeds.
Construction work commenced in Q4 2024 and is expected to finish in Q1 2029.
The site is bounded to the north by Sweet Street West itself, to the east by Marshall Street and to the south and west by Nineveh Road and the railway line heading east from Leeds towards Castleford. Buy the profile here.
3. Kenwood Point Data Center
The project involves the construction of a 39,000m2 data center with a capacity of 40MW in Kenwood Point, Borough of Stockport.
Construction work started in Q4 2024 and is forecast to complete in Q4 2026.
The data center is BREEAM-certified and NVIDIA DGX-Ready.
4. A47 North Tuddenham to Easton Dualling
The project involves the upgrade of the existing 9km A47 single-lane motorway to a dual carriageway between North Tuddenham and Easton in Norfolk.
Construction work commenced in Q4 2024 and is expected to be completed in Q4 2026.
In December 2014, Highways England (formerly known as the Highways Agency) issued its Road Investment Strategy, which included a commitment to upgrade this stretch of the A47 between North Tuddenham and Easton.
5. Gartree High-Security Jail
The project involves the construction of a four-story high-security jail in Market Harborough, Leicestershire.
Construction work started in Q4 2024 and is expected to be completed in Q4 2029.
The project aims to aid the rehabilitation of offenders, helping make our communities safer and boost the $103 economy in the region. Buy the profile here.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
