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Building Information Index – H1 2017

Welcome to the latest volume of the Building Information Index

This volume of the Building Information Index provides insight and key analysis of activity in the construction industry for the first six months of 2017. It also provides an invaluable foresight as to what the remainder of 2017 and 2018 will bring. I hope you find it informative.

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In this volume actual activity to the end of June 2017 is compared to the same periods in 2016 and 2015. The analysis takes a close look at the construction industry broken down by region, funding source and sectors; Residential, Commercial & Retail, Medical, Education, Agriculture, Industrial and Social.

 

 


The total value of Construction Project Commencements grows by €969M (+26%) for the six months to end of June 2017

The value of construction project Commencements for the first six months of 2017 has grown by +26% when compared to the same period in 2016. This represents a continued trend of growth which is up +99% when compared to the same period in 2015. However, when broken down only three of the seven sectors examined actually registered growth. The increase is largely underpinned by the Residential sector which is up €1.14bn (+67%) followed by Agricultural (+102%) and Social (+53%). Industrial (-33%), Commercial & Retail (-4%), Educational (-12%), Medical (-10%) all recorded decreases in Commencements. On the postitive side all sectors still show an increase when compared to 2015.

Value of Applications rises

The value of construction project Applications rose by 11% to €9.69bn when compared to the first six months in 2016. This represents an increase of +27% when compared to the same period in 2015. Again this growth is driven by the Residential sector, the largest sector which is up +€1.41bn (+34%). The only other sector to show a growth is Social (+156%). The other five Commercial/Retail(-19%), Industrial(-16%), Medical(-30%), Education(-25%) and Agricultural(-14%) recorded decreases.

The Building Information Index is measured by factors that correlate with the phases in a construction project. The first is project Commencements which relate to projects that are in progress on-site and where construction activity has started. The second is Applications which are a real time barometer of sentiment in the construction sector and relate to all projects yet to be approved for planning. Thirdly we look at projects that have been granted permission. This shows projects that are further along in the cycle, and being approved, they show more short term potential in the market.

Categories : Industry News

The Exo Building Development in Co. Dublin

The Exo Building

Point Village District Centre
North Wall Quay & East Wall Road
Dublin 1
 
According to reports tenants are now being actively sought for Dublin’s tallest planned building.  Once complete the building will be 73 metres tall and will provide working space for 2000 people.
 
 
Applicant
Grant Thornton – Dublin
Paul McCann and Steve Tennant
24-26 City Quay
Dublin 2
Co.Dublin
info.@ie.gt.com
www.grantthornton.ie
Architect
Shay Cleary Architects
Shane Fitzpatrick                             
18 Palmerston Park
Rathmines
Dublin 6
01 4125090
info@sca.ie | www.sca.ie
Consulting Engineer
O’Connor Sutton Cronin
Cormac Woods
9 Prussia Street
Dublin 7
01 8682000
ocsc@ocsc.ie
www.ocsc.ie

FREE TRIAL – click here for unrestricted access to our database

 

Categories : Industry News

March 2017 – 820 Construction Projects Commence

Analysis of Construction Projects Commenced during March 2017

  Sector   Total     Largest Project Commenced
  Agriculture   17   €2.1 M – Agricultural Development in Aglish, Co. Waterford
  Civil   11   €6.7 M – Dublin Airport Authority Extension
  Commercial 36   €39 M – Office Extension IDA Technology Park Waterford
  Education 28   €2.9 M – School Development Cosmona, Co. Galway
  Industrial 19   €11 M – Celtic Pure Factory Extension, Co. Monaghan
  Medical 11   €7.3 M – Bon Secours Care Village Extension, Co. Cork
  Residential 51   €100 M – Mixed Development in Carrigaline, Co. Cork
  Self-Build 637   450 Sq M – House & Garage Development in Kiltimagh, Co. Mayo
  Social 10   €2.2 M – Parish Church Extension in Kilternan, Co. Dublin

 

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Locations of largest commencements by sector – March 2017

March 2017 Construction Projects Largest

Categories : Industry News

Q1 2017 – Granted Planning Permissions by Sector

Examination of Granted Planning Permissions by sector during Q1 2017.  

Agriculture Consruction

Agriculture – 387 Granted Projects

Decrease of 197 v’s 2016

Commercial Construction

Commercial & Retail – 486 Granted Projects

Increase of 69 v’s 2016

Schools Construction

Education – 120 Granted Projects

Increase of 2 v’s 2016

Industrial Construction

Industrial – 179 Granted Projects

Increase of 42 v’s 2016

Hospital Construction

Medical – 58 Granted Projects

Decrease of 19 v’s 2016

Residential Construction

Residential – 432 Granted Projects

Increase of 109 v’s 2016

Social Construction

Social & Community – 225 Granted Projects

Increase of 90 v’s 2016

Categories : Industry News