Construction work on The Markets Residences located in Canberra, Australian Capital Territory, Australia commenced in Q2 2023, after the project was announced in Q3 2021. According to GlobalData, who tracks and profiles more than 220,000 major construction projects from announcement to completion, the project is expected to be completed by Q1 2026. To learn more about the The Markets Residences project, buy the profile here.

The project involves the construction of a 10-story residential tower in Canberra, Australian Capital Territory, Australia.

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The project includes the following:

1. Construction of 315 apartments
2. Construction of commercial space
3. Construction of five retail units
4. Construction of a four-level basement for 650 parking spaces
5. Construction of a rooftop swimming pool, garden, and landscaping
6. Construction of outdoor dining facilities
7. Installation of elevators

Construction on the project is expected to be completed by Q1 2026.

Australia-based Cox Architecture Pty is the architect and engineering design consultant for the The Markets Residences, while ACT Planning and Land Authority is the planning authority.

For more details on the The Markets Residences project, buy the profile here.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.