The construction market in Europe is forecasted by GlobalData to decline by 2.8% in real terms in 2024, having grown by 1.1% in 2023. A key growth market will be the infrastructure market, with output rising by 0.9% 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 Europe’s five largest multi-family housing construction projects that were initiated in Q4 2024, according to GlobalData’s construction projects database.
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1. MilanoSesto: Unione Zero Mixed-Use Community
The project involves the construction of a 2,50,000m2 mixed-use community comprising seven buildings on 13ha of land in Milan, Lombardy, Italy.
Construction work started in Q4 2024 and is expected to be completed in Q1 2027.
The project aims to provide LEED Gold-certified, high-quality residential, office, and hospitality facilities in the region. Buy the profile here.
2. Sweet Street West Mixed-Use Complex
The project involves the construction of a mixed-use complex comprising 10- to 27-story building with 1,350 residential units on a 3.05ha of land in Holbeck, Leeds, the UK.
Construction work commenced in Q4 2024 and is expected to finish in Q1 2029.
The site is bounded to the north by Sweet Street West itself, to the east by Marshall Street and to the south and west by Nineveh Road and the railway line heading east from Leeds towards Castleford. Buy the profile here.
3. Danube Quay Mixed-Use Complex
The project involves the construction of a 137,500m2 mixed-use facilities with two 133m towers in Zemun in Belgrade, Serbia.
Construction work started in Q4 2024 and is forecast to complete in Q4 2027.
The project aims to provide residential, leisure, and commercial facilities in the region and to offer the convenience of a full business center and the ultimate in designer luxury living, featuring an array of facilities and elegance. Buy the profile here.
4. St George’s Bay City Centre Mixed-Use Community
The project involves the construction of a mixed-use complex in St George’s Bay, Saint Julian, Malta.
Construction work commenced in Q4 2024 and is expected to be completed in Q1 2026.
Initially, there was a plan for two, 30-story residential towers, however, in October 2017; the plan was revised to a 37-story residential tower. Buy the profile here.
5. Waedenswil AuPark Mixed-Use Complex
The project involves the construction of AuPark Mixed-Use Complex in Waedenswil, Horgen, Zurich, Switzerland.
Construction work started in Q4 2024 and is expected to be completed in Q1 2031.
The purpose of the project is to provide the region with residential facilities and modern amenities. 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.
