According to GlobalData, the value of Ireland construction market is forecast to decline by 4.1% in real terms in 2023, having grown by 15.3% in 2022. A key growth market will be the infrastructure market, with output dropping by 4.2% 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 Ireland in Q1 2023, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
1. Waterford North Quays
The project involves the construction of a 90,000m2 mixed-use complex in Munster.
Construction work started in Q1 2023 and is expected to be completed in Q4 2025.
The project aims to provide better office, hospitality, and conference facilities in the region.
2. Clonburris SDZ Community
The project involves the construction of a mixed-use community on 280ha of land in Leinster.
Construction work commenced in Q1 2023 and is expected to finish in Q4 2027.
The project aims to address the growing demand for housing in the region.
3. Waterford North Quays Mixed-Use Community
The project involves the construction of a mixed-use complex on 8ha of land in Waterford, Munster.
Construction work started in Q1 2023 and is forecast to complete in Q4 2025.
The project aims to provide better residential and commercial facilities in the region.
4. Greystones Film Studio And Media Campus
The project involves the construction of 73,511m2 of film studio on 20ha of land in Dublin.
Construction work commenced in Q1 2023 and is expected to be completed in Q3 2024.
The project aims to support a quantum of scale designed to position the Dublin Wicklow cluster within the film industry as a global hub for international investment and production and to capitalize on the growing demand for content by streaming networks. Buy the profile here.
5. Opera Square Office Complex
The Opera project involves the construction of a 46,000m2 office complex comprising three buildings on 1.62ha of land in Munster.
Construction work started in Q1 2023 and is expected to be completed in Q4 2027.
The project aims to demolish several buildings on nearby streets, including the former Cahill May Roberts building, Rutland Street, and Patrick Street to provide better office facilities in the region.
For more details on the latest construction projects, buy the profiles here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
