Here are Europe’s five largest leisure and hospitality building construction projects that were initiated in Q1 2022, according to GlobalData’s construction projects database.
1. Blackpool Central Station Mixed-Use Community – $382m
The project involves the construction of a mixed-use community on 6.9ha of land at Central Station site, Liverpool, England, the UK.
Construction work started in Q1 2022 and is expected to be completed in Q4 2028.
The aim of the project is to provide better leisure and entertainment facilities in the region.
2. Sonnenweiher Grafenwoerth Mixed-Use Development – $234m
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The project involves the construction of the Sonnenweiher Grafenwörth mixed-use complex on a 13.7ha area in Grafenwörth, Lower Austria.
Construction work commenced in Q1 2022 and is expected to finish in Q4 2025.
The project’s aim is to provide luxurious residential facilities along with recreational amenities for people in the region. The project will be a showcase of how future opportunities can also be used in rural regions.
3. Zavidovo Water Park Complex – $220m
The project involves the construction of a water park complex in Tver Oblast, Russia.
Construction work started in Q1 2022 and is forecast to complete in Q4 2030.
The project aims at attracting tourists in the region by developing ambient recreational and amusement facilities. It will create 900 jobs in the region.
4. Messeeingang Sparda Bank Tower Mixed-Use Complex – $200m
The project involves the construction of a 124-high mixed-use tower with a gross floor area of 32,000m2 in Frankfurt, Germany.
Construction work commenced in Q1 2022 and is expected to be completed in Q4 2025.
The aim of the project is to build a mixed-use facilities with modern amenities and meet the growing requirements of various business sectors in the city.
5. Vilnius National Stadium and Sports Center – $185m
The project involves the construction of a multi-use stadium with 15,000 seating capacity in Vilnius, Lithuania.
Construction work started in Q1 2022 and is expected to be completed in Q4 2024.
The new stadium will mostly used for football matches and will host the home matches of the Lithuania national football team.
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.