Here are Europe’s five largest leisure and hospitality building construction projects that were initiated in Q4 2021, according to GlobalData’s construction projects database.
1. Quartier Grand Central Mixed-Use Development – $651m
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The project involves the construction of a mixed-use complex on a 3.8ha area in Flingern, Düsseldorf, North Rhine-Westphalia, Germany.
Construction work started in Q4 2021 and is expected to be completed in Q4 2026.
The project aims to provide residential, commercial and leisure facilities and meet the growing demand in Flingern.
2. Hotel Forum – $223m
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By GlobalDataThe project involves the construction of the Hotel Forum in Barcelona on a 3.2ha area with a total gross floor area of 52,593m2 in Catalonia, Spain.
Construction work commenced in Q4 2021 and is expected to finish in Q4 2022.
The project’s aim is to provide luxury accommodation facilities for corporate sectors and tourists in the region.
3. Le Porte De La Chapelle Arena 2 Development – $141m
The project involves the construction of the second sports arena at Porte de la Chapelle, in the 18th arrondissement of Paris, Île-de-France, France.
Construction work started in Q4 2021 and is forecast to complete in Q2 2023.
The purpose of the project is to build an arena to organize major competitions.
4. Porte de la Chapelle Second Sports Arena Development – $131m
The project involves the construction of an 8,000 seats sports arena in Paris, France.
Construction work commenced in Q4 2021 and is expected to be completed in Q3 2023.
The purpose of the project is to build an arena to organize major competitions.
5. Student Accommodation Project 3 – $106m
The project involves construction of the 26,013m2 student accommodation project 3 building in Bristol, the UK.
Construction work started in Q4 2021 and is expected to be completed in Q2 2024.
The project aims to cater to the increasing demand for high-quality student accommodation on Campus and to provide modern, accessible, quality accommodation to support students to underpin the learning experience particularly in the first year when students are finding their feet away from home.
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.
