According to GlobalData, the value of Germany construction market is forecast to decline by 3.5% in real terms in 2024, having decreased by 3.2% in 2023. A key growth market will be the infrastructure market, with output dropping by 2.3% 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 multi-family housing construction projects that commenced in Germany in Q3 2024, according to GlobalData’s construction projects database.
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1. Staytion Residential Quarter
The project involves the construction of the Staytion Residential Quarter on the Pankow Forum site between Damerowstrasse 8, 11 and Hadlichstrasse 18, 19 near the Pankow-Heinersdorf S-Bahn station, Berlin- Pankow.
Construction work started in Q3 2024 and is expected to be completed in Q4 2030.
2. Konrad Wolf Strasse Housing Complex
The project involves the construction of a housing complex on a 2ha area on Konrad-Wolf-Straße in the Alt-Hohenschönhausen District, Berlin-Lichtenberg.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2026.
3. Quartier Elbbrücken 113 Residential and Retail Complex
The project involves the construction of the Quartier Elbbrücken 113 Residential and retail complex with a total gross floor area of 18,500m2 in Hamburg.
Construction work started in Q3 2024 and is forecast to complete in Q4 2026.
The aim of the project is to meet the growing requirements of residential and retail facilities in the city
4. Franklin Residential Complex
The project involves the construction of the Franklin Residential Complex at George-Sullivan-Ring 80/89 in Mannheim, Baden-Wuerttemberg.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2026.
5. Stephanstrasse Housing Complex
The project involves the construction of a housing complex on a former vocational school and sports field site at Stephanstrasse in Wandsbek, Hamburg.
Construction work started in Q3 2024 and is expected to be completed in Q2 2026.
For more details on the latest construction projects, buy the profiles here.
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