According to GlobalData, the value of Japan construction market is forecast to grow by 0.9% in real terms in 2024, having grown by 2.5% in 2023. A key growth market will be the infrastructure market, with output rising by 1.5% 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 institutional building construction projects that commenced in Japan in Q3 2024, according to GlobalData’s construction projects database.
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1. Sendai City Main Government Building Redevelopment
The project involves the construction of a 79.8m,15-story above-ground and two-story below-ground, administrative building with a floor area of 65,000m2 on 1.45ha of land in Sendai City, Miyagi Prefecture.
Construction work started in Q3 2024 and is expected to be completed in Q1 2031.
2. Atsugi City Complex Facility
The project involved the construction of 47,800m2, two nine-story buildings, and one basement on 1.28ha of land in Atsugi City, Kanagawa Prefecture.
Construction work commenced in Q3 2024 and is expected to finish in Q1 2027.
The main aim of the project is to provide better leisure facilities in the region.
3. Japan Keirin Instructor Institute
The project involves the construction of a 13,206m2, three-story training center at 1827 Ono in Izu City, Shizuoka Prefecture.
Construction work started in Q3 2024 and is forecast to complete in Q4 2026.
4. Annaka City New Government Building
The project involves the construction of a 12,345m2 government building in Annaka, Gunma.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2026.
The project aims to provide better administration facilities and improve services for citizens in the region and to create a simple, compact, and environmentally friendly “SDGs-type government building.
5. Omihachiman New Government Building Development
The project involves the construction of a government building in Omihachiman, Shiga.
Construction work started in Q3 2024 and is expected to be completed in Q1 2026.
The project aims to provide thorough explanations and work to improve services for citizens and strengthen disaster prevention functions.
For more details on the latest construction projects, buy the profiles here.
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