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 single-family housing construction projects that commenced in the UK in Q3 2024, according to GlobalData’s construction projects database.
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1. Lincoln Western Growth Corridor
The project involves the construction of a mixed-use community on 97ha of land in Lincoln, Lincolnshire, England.
Construction work started in Q3 2024 and is expected to be completed in Q4 2028.
The site stretches from the A46 bypass in the east to Tritton Road in the west and from Skellingthorpe road to the south to the railway and Fossdyke in the north. Buy the profile here.
2. Nuneaton Housing Community
The project involves the construction of a residential community in Nuneaton, Warwickshire.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2027.
The aim of the project is to provide better residential, new leisure, and education facilities for the community. Buy the profile here.
3. One Horton Heath Residential Community
The project involves the construction of a residential community comprising 3,000 homes on 125ha of land in Hampshire, England.
Construction work started in Q3 2024 and is forecast to complete in Q1 2028.
The project aims to provide better housing facilities in the region. Buy the profile here.
4. Gratham Road Residential Community
The project involves the construction of 280 residential homes on 11ha of land in Nottinghamshire the UK.
Construction work commenced in Q3 2024 and is expected to be completed in Q3 2026.
5. Collingwood Park Residential Community
The project involves the construction of a residential community on 18.21ha of land on the former Darwen Moorland High School site, Holden Fold in Darwen, Lancashire.
Construction work started in Q3 2024 and is expected to be completed in Q1 2027.
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.
