According to GlobalData, the value of Canada construction market is forecast to grow by 1.5% in real terms in 2024, having grown by 1.7% in 2023. A key growth market will be the infrastructure market, with output rising by 2.3% 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 educational building construction projects that commenced in Canada in Q1 2024, according to GlobalData’s construction projects database.
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1. Douglas College Expansion
The project involves the construction of a 31,401m2, 65m high, 20-story college in British Columbia.
Construction work started in Q1 2024 and is expected to be completed in Q3 2027.
The project aims to provide better college facilities in the region.
2. University of Victoria Engineering and Computer Science Building Expansion
The project involves the expansion of a 6,334m2, six-story Engineering Computer Science Building and a 1,941m2 two-story High Bay Research and Structures Laboratory Building in Victoria, British Columbia.
Construction work commenced in Q1 2024 and is expected to finish in Q4 2025.
The project aims to address the strong demand for trained engineers and computer scientists to tackle the globe’s most pressing issues- everything from climate change to health care and computer systems.
3. Academic Wood Tower
The project involves the construction of an institutional building in Toronto, Ontario.
Construction work started in Q1 2024 and is forecast to complete in Q3 2026.
The project aims to provide better educational facilities to students in the region.
4. Stride Avenue Community school
The project involves the construction of a two-story school building with a capacity of 415 students in Burnaby, British Columbia.
Construction work commenced in Q1 2024 and is expected to be completed in Q4 2025.
5. Cegep De Drummondville Education Pavilion
The project involves the construction of a three-story pavilion in Drummondville, Quebec.
Construction work started in Q1 2024 and is expected to be completed in Q3 2025.
The project aims to enhance student accommodation facilities and enhance education 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.
