According to GlobalData, the value of the UK construction market is forecast to decline by 1.9% in real terms in 2024, having grown by 4.1% in 2023. A key growth market will be the infrastructure market, with output rising by 3.1% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five commercial and leisure construction projects that commenced in the UK in Q4 2024, according to GlobalData’s construction projects database.
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1. London Docklands Data Center
The project involves the construction of three eight-story data centers across 206,415m2 with a consumption capacity of 70MW each on 8ha of land in East London Docklands, London.
Construction work started in Q4 2024 and is expected to be completed in Q4 2026.
2. Kenwood Point Data Center
The project involves the construction of a 39,000m2 data center with a capacity of 40MW in Kenwood Point, Borough of Stockport.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2026.
The data center is BREEAM-certified and NVIDIA DGX-Ready.
3. Panattoni Central A1 Logistic Center
The project involves the construction of a 114,364m2 logistic center on 26ha of land in the UK.
Construction work started in Q4 2024 and is forecast to complete in Q3 2025.
4. 360 Bristol Student Accommodation
The project involves the construction of a six-story student accommodation comprising 399-bed spaces in Bristol.
Construction work commenced in Q4 2024 and is expected to be completed in Q3 2025.
In October 2019, Melburg Capital and Angelo Gordon acquired the site.
5. Shireoaks Common Warehouse
The project involves the construction of a warehouse comprising two units on 12.25ha of land in Worksop, Nottinghamshire.
Construction work started in Q4 2024 and is expected to be completed in Q1 2028.
The project aims to provide better warehouse and distribution facilities in the region. Buy the profile here.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
