The following are some interesting points on why solid statistics that report on construction activity can’t be based solely on commencement notices:
- What’s really going on the ground and what is predicted to happen cannot be based on planning application volumes or commencement notices
- You can equate a planning application for 5 houses with one for 5000. So for example, that just because commencement notices are down in number for a particular quarter, doesn’t mean that construction activity is down…in fact, it could be up, based on the number of units contained within each commencement notice
- The Society of Chartered Surveyors in Ireland in their document “Irish Construction Prospects for 2016” have cast doubts on the validity of using published (unverified) commencement notices as a guide to activity stating that there is “a substantial gap between the published commencements and completion data”.
CIS research policy ensures that published commencement dates have to be 100% verified as there is often a significant difference between when a project is published to start and what actually happens on the ground.
The CIS Research Team have confirmed and verified over €4bn in commencements for large scale projects already this year with a further €2bn+ already confirmed for the latter half of the year.
Largest Confirmed Commencements for late 2014/2015
Project ID |
Title |
Primary Category |
County |
Stage |
Start Date |
Finish Date |
Value |
€550m N17/N18 Gort To Tuam PPP Contract |
Road / Highway |
Galway |
On Site |
09/03/2015 |
09/02/2018 |
€550 m |
|
€500m M17 Galway (Rathmorrissy) to Tuam Motorway Scheme |
Road / Highway |
Galway |
Contract Awarded |
10/03/2015 |
14/02/2018 |
€500 m |
|
€500m Poolbeg Incinerator |
Waste Transfer Station |
Dublin |
On Site |
21/10/2014 |
21/10/2017 |
€500 m |
|
€220m N25 New Ross Bypass PPP Scheme |
Road / Highway |
Wexford |
Contract Awarded |
06/10/2015 |
05/04/2018 |
€220 m |
|
€200m Harbour Redevelopment |
Apartments |
Wicklow |
On Site |
16/02/2015 |
20/10/2017 |
€200 m |
|
€150m Google Data Centre |
Office Building |
Dublin |
On Site |
21/07/2014 |
|
€150 m |
|
£150m Design & Construction of Campus Blocks |
University |
Antrim |
On Site |
25/05/2015 |
25/11/2018 |
€150 m |
|
€134m Office Development |
Office Building |
Dublin |
On Site |
13/04/2015 |
18/05/2017 |
€134 m |
|
€130m Intel Manufacturing Buildings |
Factory |
Kildare |
On Site |
01/04/2014 |
01/10/2015 |
€130 m |
|
€120m Dairygold Expansion |
Factory |
Cork |
On Site |
12/08/2014 |
01/08/2016 |
€120 m |
|
€100m Electricity Generating Station |
Power Station |
Mayo |
Contract Awarded |
29/06/2015 |
03/01/2017 |
€100 m |
|
€95m Wind Farm |
Wind Farm |
Cork |
On Site |
01/12/2014 |
03/06/2016 |
€95 m |
|
€80m Educational and Medical Training Facility |
School |
Dublin |
On Site |
04/11/2014 |
05/11/2016 |
€80 m |
|
£75m Hospital |
Hospital |
Tyrone |
On Site |
15/09/2014 |
15/12/2016 |
€75 m |
|
€67m Páirc Uí Chaoimh Redevelopment |
Sports / Football Stadia |
Cork |
On Site |
21/09/2015 |
21/09/2017 |
€67 m |
|
€53m Event and Convention Centre |
Conference / Exhibition Centre |
Cork |
Contract Awarded |
26/06/2015 |
26/06/2020 |
€53 m |
|
£65m Road Upgrade |
Road / Highway |
Antrim |
On Site |
02/02/2015 |
05/06/2017 |
€50 m |
|
€50m – Office Development |
Office Building |
Cork |
On Site |
01/10/2014 |
01/04/2016 |
€50 m |
|
£50m Radiotherapy Unit |
Hospital |
Derry |
On Site |
10/07/2014 |
10/07/2016 |
€50 m |
|
€50m National Indoor Arena |
Sports Arena / Hall |
Dublin |
On Site |
23/03/2015 |
23/11/2016 |
€50 m |
|
£42m Phase II Signalling & Telecoms Design and Build Contractor |
Railway Track / Work |
Derry |
Contract Awarded |
22/06/2015 |
22/02/2017 |
€42 m |
|
Luas Cross City Scheme |
Tram Track |
Dublin |
On Site |
21/07/2015 |
15/08/2017 |
€370m |
To view details on thousands of key construction projects taking place across All Ireland, visit our website, www.cisireland.com or contact us by phone 01 2999 200 to find out more about what CIS Online can do to maximise your business turnover potential!
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