Here are the top five commercial and leisure construction projects that commenced in Japan in Q4 2021, according to GlobalData’s construction projects database.
1. Yaesu 1-Chome East B District Type One Urban Redevelopment – $1,946m
The project involves the construction of a 249.72m, 51-story above ground and four-story below ground, 225,063.24m2 mixed-use tower on 1.06ha of land in Tokyo.
Construction work started in Q4 2021 and is expected to be completed in Q1 2025.
The project aims is to provide better office, store, and residential facilities in the region.
2. Logistics Building New Building A – $660m
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By GlobalDataThe project involves the construction of a six-story, 205,000m2 logistics facilities in Ota-ku, Tokyo.
Construction work commenced in Q4 2021 and is expected to finish in Q3 2023.
The project aims to accommodate and improve logistic facilities and growth for various industries in the domestic market.
3. GLP ALFALINK Nagareyama 7 – $385m
The project involves the construction of a four-story, 1,20,000m2 logistics park in a 5.40ha area in Nagareyama, Chiba.
Construction work started in Q4 2021 and is forecast to complete in Q4 2023.
The project aims to provide better logistics and storage facilities in the region.
4. GLP ALFALINK Sagamihara 2 – $290m
The project involves the construction of a six-story, 90,000m2 distribution facilities in a 3.9ha area in Sagamihara, Kanagawa.
Construction work commenced in Q4 2021 and is expected to be completed in Q2 2023.
The project aims to provide better logistics and storage facilities in the region.
5. Shibuya 2-Chome 17 District Type One Urban Redevelopment – $278m
The project involves the construction of a 44,511.7m2, 23-story above-ground and four-story below-ground, 123m high office tower on 0.34ha of land on Shibuya-ku, Tokyo.
Construction work started in Q4 2021 and is expected to be completed in Q2 2024.
The project aims to provide better office and commercial facilities in the region.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.