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Mega-Projects in Development – the Latest

In updating our mega-projects in development, we also look for interesting planning and placemaking ideas.
Our mega-developments list includes those in planning or underway, along with analogs.

Our mega-projects in development – the latest, includes private, public, and joint public-private projects in the U.S. and worldwide.  Mega-projects can take many forms, from infrastructure, to new cities, to massive mixed-use developments.  The one common factor is their scale – typically a very large built-up area along with a huge capital investment.  In general, our list includes projects with investment requirements in excess of $1 billion.

 

The kind of mega-projects in design or construction at any given time, tends to change with regional economic circumstances and lending regulations.

 

There was a time in the U.S. when tax laws made large-scale master-planned communities a popular asset class.  Some of the largest financial institutions (including many so-called “savings and loans”), got involved with those mega-projects.   Over time, economic conditions and tax laws changed, leaving these lenders and these assets in significant distress and at the mercy of the Resolution Trust Corp.  The savings and loan crisis of the 1980’s and 1990’s was the failure of more than a thousand of the 3,200+ savings and loan associations in the U.S.   Since those times, lending with regard to major master-planned communities has occurred at a lesser rate and with greater care.   Mobil Land’s and Frank Aries’ experience with the Banning-Lewis Ranch mega-project was an example of that era.  That project for an interesting analog among our mega-projects in development – the latest list.

 

Lekki New Township (Lagos) is an example of a mega development underway, shown in a conceptual study of some specific project components in evaluation (below).

 

List of Mega-Projects in Development

Shown here, an artist’s view of early conceptual work for project components in consideration at New Lekki Township mega-project (Lagos).

 

For reference as “best practices” benchmarks, we also include some of the outstanding projects that have been completed over the years.  A little history can be helpful in compiling mega-projects in development – the latest.   Most of these projects have some interesting lessons-learned, and comparing original design intent to what actually evolves at these developments, is of particular interest in planning next such projects.

 

We have encouraged our research team to create this page and post as they make progress.   Some come back soon as the research takes shape.  And if you have any projects that we should add here, please email us – thanks for that!

Mega-Projects in Development – the Latest List

ProjectAcreageCountryStatus
Akon City
Mbodième
2,000 hectaresSenegalAkon, the Senegalese-American hip-hop star, has committed to building an ecological city in Mbodième, Senegal.
Angel Stadium Development
Anaheim, California
150 acresU.S.The project as envisioned would include 3.8 million SF of office and retail-entertainment space, two hotels, 5,175 housing units, and a 7-acre “flagship” public park. The existing MLB stadium would either be renovated or replaced.
Banning-Lewis Ranch
Colorado Springs, Colorado
20 square milesU.S,As originally planned by Mobil Land, and approved, Banning-Lewis Ranch encompassed the entire direction of growth for metropolitan Colorado Springs, encompassing more than 20 square miles along the city’s eastern edge.
Battersea Power Station
London
16 hectaresU.K.
Belgrade Waterfront Project
Serbia
Canary Wharf
London, England
97,0 acresU.K.Canary Wharf is the secondary central business district of London on the Isle of Dogs.
Capitol Crossing
Washington, DC
7.0 acresU.S.
Castellana Norte redevelopment
Madrid
Spain
Celadon City
Ho Chi Minh City
82 hectaresVietnamCeladon City's residential component will have a total of 7,300 apartments across four precincts. A Gamuda Land project.
Centennial Yards
Atlanta, Georgia
U.S.Envisioned to include 9 million SF of office space and one million SF of retail, along with 2,000+ apartments and 1,500 hotel rooms. Formerly known as The Gulch. A project of CIM Group.
Chengdu Creative Centre
Chengdu
ChinaA 270,000 m² mixed-use retail, residential, commercial and lifestyle hub located south of Chengdu.
Chengdu Great City800 acresChinaGroundbreaking in 2012. A project of Beijing Vantone Real Estate Co., Ltd.
Chhatrapati Shivaji Maharaj Terminus
Mumbai
IndiaCSMT is a historic and UNESCO World Heritage site situated at the heart of Mumbai. The railway station will function as a city center "rail mall" with retail, food and beverage, entertainment, and souvenir shopping, Indian Railway Stations Development Corporation Ltd. ("IRSDC") is the agency in charge of this redevelopment.

Colombo Port CitySri Lanka
Comcast Development Center
Philadelphia, Pennsylvania
U.S.
Covent Garden Market PlanU.K.
Deira Enrichment Project (DEP)

Ithra Dubai
UAEGroundbreaking in 2017.
Destination Medical Center
Rochester, Minnesota
U.S.Includes six districts. A project of Mayor Clinic.
Diriyah GateSaudi ArabiaAt-Turaif is situated at the center of this project, a UNESCO World Heritage Site. A project of the Diriyah Gate Development Authority.
East Edisto
Summerville, South Carolina
78,600 acresU.S.Master-planned community.
East Village Quarter
San Diego, California
San Diego Padres led investment team
U.S.Groundbreaking perhaps in 2023. Proposal to redevelop so-called "Tailgate Park," with 1.4 million SF of office space, 50,000 SF of retail space, 236,000 SF of open space and 1,600 parking spaces, for a cost of just under $1.4 billion.
Eko Atlantic
Lagos
NigeriaIn development.
Europacity
Berlin
100.0 acresGermanyGroundbreaking in 2014.
EuropaCity
Berlin, Germany
40 hectaresGermanyGroundbreaking in 2016.
Filinvest City
Muntinlupa City
244 hectaresThe PhilippinesMaster-planned community situated in Metro Manila.
Flying Horse East
Classic Cos.
5,400 acresU.S.The former Ververs Ranch cattle ranch. Adjacent to Schriever Air Force Base, in Colorado Springs.
Gamuda City
Hanoi
500 hectaresVietnamMega lifestyle development. The first phase of Gamuda City is Gamuda Gardens, a 73ha integrated lifestyle project with a gross development value of US$850 million. A Gamuda Land project.
Google's Downtown West Mixed-Use Plan
San Jose, California
81 acresU.S.Proposed development may include up to 7.3 million SF of office space, 4,000 housing units, 500,000 SF of retail-cultural space, and event space and as many as 300 hotel rooms and 800 corporate accommodations. Australia-based contractor Lendlease will provide master planning, entitlement and development services for the project
Google’s Middlefield Park
Mountain View, California
U.S.The Google project would consist of as much as 1.33 million SF of office space, 1,675 to 1,850 residential units, 30,000 SF of active uses and retail sites, 20,000 SF of civic, event, and amenities spaces, and 12 acres of open space.
HafenCity
Hamburg, Germany
157 hectaresGermany
Heartland Town Square
Islip, New York
450U.S.Envisioned to include 3 million SF of office space, 9,000 apartments, and one million SF of retail space. Project is located on the site of a former state psychiatric hospital.
Hollywood Center
MP Los Angeles
4.5 acresU.S.
Hub on the Causeway
Boston, Massachusetts
U.S.A project of Boston Properties and Delaware North Companies.
Hub RTP43.0 acresU.S.Mixed-used destination planned for Research Triangle Park; a project of Research Triangle Foundation and its partners. 1 million SF of office space plus retail, residential and hotel.
Hudson Yards
New York, NY
28 acres.U.S.A project of The Related Companies L.P. and Oxford Properties Group Inc. Situated in the Chelsea and Hudson Yards neighborhoods of Manhattan.
Hunters Point Naval Shipyard
San Francisco, California
U.S.
i-City SGT
Shah Alam City
1,766 acresMalaysiaThe plan will widen the footprint for the RM10 billion i-City SGT, which will morph from a 72-acre ultrapolis development to a 1,766-acre economic zone within the state encompassing the neighboring Section 4 and Section 7.
Jouzor Jannat Aden25 million square metersYemenSituated along the along the Gulf of Aden.
Leander Springs
Leander (Williamson County), Texas
78 acresU.S.Planned development featuring a man-made Crystal Lagoon created by Crystal Lagoons U.S. Corp. A project of Leander Springs LLC, a company set up by iLand Development Group (Austin).
Les Groues
Paris, France
47 hectaresFrance
Liberty Towers
Madison Realty Capital
U.S.Mixed-use development now in approval process. A 911,752 SF complex near the St. George waterfront and the Staten Island Ferry Terminal.
Lincoln Yards
Chicago, Illinois
www.lincolnyards.com
55.0 acresU.S.Lincoln Yards is a new development that will transform a vast area of Chicago's riverfront to unite Lincoln Park and Bucktown. A project of the Sterling Bay Companies.
Macau New Urban Zone2.8-square milesChinaLand reclamation project.
Madrid Nuevo Norte230 hectaresSpain
Marsa Zayed
Aqaba
Jordan
Metropolis
Los Angeles, California
6.33 acresU.S.
Mitsubishi-Temasek Smart City
Bumi Serpong Damai (southwest of Jakarta)

The smart city will include homes, shopping centers and medical facilities, with the goal of housing 40,000 to 60,000 permanent residents.
1 square kilomterIndonesiaIn Jakarta suburb, Mitsubishi and Temasek plan $2bn smart city
Moody Bible Institute site in River North
Chicago, Illinois
10.0 acresU.S.JDL Development is seeking approvals for a major residential project on the site.
Nanhui New City
Pudong, Shanghai
ChinaGroundbreaking in 2003.
Formerly called Lingang New City.
Neom
Tabuk Province
www.neom.com/en-us/
A planned cross-border city, bordering the Red Sea.Saudi ArabiaA $500 billion planned megacity, according to Saudi's PIF.
New Capital City270-square milesEgyptGroundbreaking in 2015.
New City Istanbul
Istanbul
Turkey
New Delhi Railway Station124.0 acresIndiaA redevelopment area at or about the largest and second busiest railway station in the country. The objective of the project is to position the New Delhi Railway Station as a multi-modal hub by upgrading infrastructure. The objective of the project is to position the New Delhi Railway Station as a multi-modal hub by upgrading infrastructure. The project would also include a significant commercial component entailing a mix of retail, office, and hospitality developments such as 5-star hotels, budget hotels and serviced apartments Rail Land Development Authority ("RLDA") is the agency in charge.
New Kuwaiti City
Salini Impregilo
12,000 hectaresKuwaitAt build-out, the new city will be home to 400,000 residents.
Newhall Ranch
Los Angeles County
www.netzeronewhall.com
46,000 acresU.S.Planned for 21,500 homes. A large scale master-planned community being developed in an unincorporated portion of Los Angeles County along the Santa Clara River in the westerly portion of the Santa Clarita Valley.
Nordhavnen
Copenhagen, Denmark
200 hectaresDenmark
Old Oak and Park Royal Development Corporation (OPDC)650 hectaresU.K.
Packard Plant
Detroit, Michigan
www.packardplantproject.com
40.0 acresU.S.The Packard Automotive Plant is a former automobile-manufacturing factory in Detroit, Michigan, where luxury cars were made by the Packard Motor Car Company and later by the Studebaker-Packard Corporation.
Penn's Landing | Philadelphia Waterfront
The Durst Organization
Two planning areas.U.S.Delaware River Waterfront Commission (DRWC) has selected Durst for this redevelopment.
Perkins Somerset Oldtown Transformation Project
Baltimore, Maryland
U.S.The $1 billion plan calls for 2,172 residences, a school, retail space, public parks and a grocery store. The residential includes a mix of affordable public and market rate apartments.
Port Covington
South Baltimore, Maryland
U.S.A $5.5 billion project. A project of Weller Development. First proposed by Sagamore Development (Kevin Plank, Under Armour founder).
Related Santa Clara
Santa Clara, California
240.0U.S.Envisioned at 9.2 million SF at build-out. Adjacent to the San Francisco 49ers home at Levi's Stadium.
San Diego Research and Development District ("The RaDD")
IQHQ Inc.
8 acresU.S.Life sciences campus.
Shibuya Station Area RedevelopmentJapan
Suffolk Downs Redevelopment
Boston, Massachusetts
HYM Investment Group
161 acresU.S.A 161-acre former thoroughbred horse track and racing facility, will be transformed into a mixed-use district. Approved plans for the project include 10,000 residential units, 40 acres of publicly accessible parks and open space; and 3 million SF of office and retail space.
Sunnyside Yard
Queens, New York
180 acresU.S.A proposed $14.5 billion project.
The proposal includes “100% affordable housing” with 12,000 residential units, 6,000 of which would go to low-income New Yorkers.
The 78
Chicago, Illinois

Related Midwest
62.0U.S.Groundbreaking in 2019
The River District
Fort Worth, Texas
276 acresU.S.Mixed-use, master-planned community.
The Wave

$3.5 billion waterfront community developed by Al Mouj
The Wharf
Washington, DC
Hoffman & Associates, co-developerU.S.3.2 million SF. Situated along the Washington Channel of the Potomac River.
Todtown
Shanghai's Minhang District
ChinaGroundbreaking in 2014
Wade Park
Frisco, Texas

Wade Park Land LLC (Georgia)
175.0U.S.Groundbreaking in 2014. August 2020 - filed for Chapter 11 in the U.S. Bankruptcy Court of Northern Georgia. Lender Gamma Real Estate took over the property in August 2019.
Wave Break Island
Queensland
Australia
Xiongan New Area40 square milesChina
Yujiapu Financial District
Tianjin area
ChinaGroundbreaking in 2008.
Zhuhai WaterfrontChina5.6 million SF mixed-use. Designed by SOM

Mega-Projects Tracker

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