Here are the top five commercial and leisure 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
The project involves the construction of an Over-Station development at Pitt Street, Sydney.
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. Blackwattle Bay Fish Market Development – $538m
The project involves the construction of a 35,000m2 fish market on 3.6ha of land at the Blackwattle Bay in Sydney, New South Wales
Construction work commenced in Q4 2021 and is expected to finish in Q3 2024.
The project aims to develop the Sydney Fish Market under a scheme to double the flow of visitors to one of the city’s biggest attractions.
3. Truganina Data Center – $375m
The project involves the construction of a 25,000m2, 72-megawatt Hyperscale that comprises two 36-megawatt buildings on 3.5ha land in Melbourne, Victoria.
Construction work started in Q4 2021 and is forecast to complete in Q3 2023.
The aim of the project is to meet the growing demand for data centers in the region.
4. Macquarie Park State Of The Art Technology Hub – $319m
The project involves the construction of five mixed-use buildings with a floor area of 55,000m2 on a 3ha land in Macquarie Park, New South Wales.
Construction work commenced in Q4 2021 and is expected to be completed in Q4 2024.
The aim of the project is to provide better employment opportunities in the region and targeting 6 Star Green Star and 5.5 Star NABERS ratings, and is committed to achieving Climate Active carbon neutral certification. it will create 500 direct and 700 indirect jobs.
5. State Basketball Centre Expansion – $94m
The project involves the expansion of the State Basketball Centre in Wantirna South, Melbourne, Victoria.
Construction work started in Q4 2021 and is expected to be completed in Q2 2023.
The centre will be a megabase for Basketball Victoria, Deakin Melbourne Boomers (WNBL), South East Melbourne Phoenix (NBL), Basketball Australia and one of Australia’s largest basketball associations, Knox Basketball Inc.
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.