Here are the top five multi-family housing construction projects that commenced in Australia in Q4 2021, according to GlobalData’s construction projects database.
1. Sydney Metro Pitt Street Over-Station Development – $773m
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The project involves the construction of an Over-Station development at Pitt Street, Australia.
Construction work started in Q4 2021 and is expected to be completed in Q4 2024.
The main aim of the project is to provide better hospitality and commercial facilities in the region.
2. Chevron One Residences – $166m
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By GlobalDataThe project involves the construction of a 41-story residential tower in Gold Coast, Queensland, Australia.
Construction work commenced in Q4 2021 and is expected to finish in Q4 2024.
The project aims to provide better residential facilities in the region.
3. Akin Residences – $143m
The Akin Residences project involves the construction of a 30-story residential complex comprising 190 apartments in Brisbane, Queensland, Australia.
Construction work started in Q4 2021 and is forecast to complete in Q1 2024.
The project aims to provide better residential facilities in the region.
4. 87 Church Street Mixed-Use Tower – $127m
The project involves the construction of a 62-story mixed-use tower in New South Wales, Australia.
Construction work commenced in Q4 2021 and is expected to be completed in Q4 2023.
The project will replace the Thomson Ford site at the corner of Church Street and the Great Western Highway.
5. Altura Residential Tower – $126m
The project involves the construction of a 22-story tower with 150 luxury apartments in Brisbane, Queensland, Australia.
Construction work started in Q4 2021 and is expected to be completed in Q1 2023.
The main aim of the project is to provide better residential 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.
