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  1. Market Data
May 23, 2022

Top five leisure and hospitality building construction projects that commenced in Australia in Q1 2022

By Carmen

Here are the top five leisure and hospitality building construction projects that commenced in Australia in Q1 2022, according to GlobalData’s construction projects database.

1. Seafarers Place Mixed-Use Development – $387m

The project involves the construction of a 20-story, 13,200m2 mixed-use complex in Melbourne, Victoria.

Construction work started in Q1 2022 and is expected to be completed in Q2 2024.

The project aims to provide better residential, hospitality, and retail facilities in the region. It will create 1,023 construction jobs and 680 jobs upon completion.

2. Docklands Marvel Stadium Redevelopment – $146m

The project involves the redevelopment of a stadium in Melbourne, Victoria.

Construction work commenced in Q1 2022 and is expected to finish in Q2 2023.

The project aims to renovate the existing stadium, with better seating and leisure facilities.

3. Oria Spring Hill Development – $50m

The project involves the construction of a mixed-use complex comprising two 15-story towers on 0.34ha of land in Spring Hill, Queensland.

Construction work started in Q1 2022 and is forecast to complete in Q3 2024.

The project aims to provide better residential and hotel facilities in the region.

4. Russell Place Hotel – $47m

The project involves the construction of a 14-story, 189 rooms hotel in Melbourne, Victoria.

Construction work commenced in Q1 2022 and is expected to be completed in Q4 2023.

The project aims to provide better hospitality facilities in the region.

5. Northern Aquatic and Community Hub – $47m

The project involves the construction of an aquatic and community center in Norlane, Victoria.

Construction work started in Q1 2022 and is expected to be completed in Q4 2023.

The project aims to provide better leisure facilities to help people of all ages to improve their physical and mental health in the region. Once complete, the facilities will attract around 600,000 visitors per year.

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.

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