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 leisure and hospitality building construction projects that commenced in the UK in Q4 2024, according to GlobalData’s construction projects database.
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1. 360 Bristol Student Accommodation
The project involves the construction of a six-story student accommodation comprising 399-bed spaces in Bristol.
Construction work started in Q4 2024 and is expected to be completed in Q3 2025.
In October 2019, Melburg Capital and Angelo Gordon acquired the site.
2. Filton Retail Park Student Accommodation
The project involves the construction of a five, nine-storey student accommodation in Bristol.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2026.
The project archives BREEAM ‘Excellent’
3. 292-298 St Vincent Street Student Accommodation Complex
The project involves the construction of a student accommodation complex on 0.15ha of land in Glasgow, Scotland.
Construction work started in Q4 2024 and is forecast to complete in Q3 2026.
The project aims to provide better residential facilities in the region. Buy the profile here.
4. St Vincent Street and Pitt Street Student Accommodation Complex
The project involves the construction of a 321-studio student accommodation complex in Glasgow, Scotland.
Construction work commenced in Q4 2024 and is expected to be completed in Q3 2026.
5. Newport Leisure Centre
The project involves the construction of a leisure center in Newport.
Construction work started in Q4 2024 and is expected to be completed in Q2 2026.
The project aims to replace the existing Newport Centre and to provide better leisure facilities.
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.
