The accompanying table records the top 10 project starts in the U.S. for May 2018.
There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when jobsite work actually gets underway. And, as showcase projects, they highlight geographically where major construction projects are proceeding.
Also, total construction activity is comprised of many small and medium-sized projects and a limited number of large developments. But the largest projects, simply by their nature, can dramatically affect total dollar and square footage volumes. In other words, the timing and size of these projects have an exaggerated influence on market forecasts.
Click here to download the Construction Industry Snapshot Package – May 2018 PDF.
Click here for the May 2018 Industry Snapshot article, Boosted by Hotels and Manufacturing, ConstructConnect’s May Starts were +14%.
Click here for the Nonresidential Construction Starts Trend Graphs – May 2018.
|Boston||Commercial||Boston Seaport Omni Hotel Development||789||$550|
|(6 structures; 21 stories; 1054 units) 440 Summer St|
|Omni Hotels Design & Construction|
|(4 structures; 44 stories; 1300 units) 35 Lomasney Wy|
|Miami Gardens||Industrial||Bridge Point Commerce Center Phase 1||1,109||$596|
|(3 structures; 1 story) 3900 NW 215th St|
|Bridge Development Partners|
|Wayne||Industrial||Ford Motor Company Retool and Expansion / Wayne||*||$850|
|(1 structure) 38303 Michigan Ave|
|Ford Motor Company|
|Mount Pleasant||Industrial||Foxconn Technology Group Manufacturing Plant||22,000||$10,000|
|(Racine)||(3 structures; 3000 units) Braun Rd, Hwy H, Hwy KR, and I-94|
|Foxconn Technology Group|
|Thief River Falls||Industrial||Digi-Key Electronics Fulfillment Center||2,200||$300|
|(2 structures; 4 stories) 601 Barzen Ave S|
|Round Rock||Commercial||Kalahari Resorts and Convention / Round Rock||1,400||$550|
|(4 structures; 1000 units) E Palm Valley Blvd and S Kenney Fort Blvd|
|Paradise Valley||Commercial||Ritz-Carlton Resort and Mixed-Use Development / Paradise Valley||1,080||$2,000|
|(4 structures) Scottsdale Rd and Lincoln Dr|
|Five Star Development|
|Los Angeles||Residential||Cumulus Transit Oriented Mixed Use Complex||1,900||$466|
|(4 structures; 32 stories; 1221 units) 3321 La Cienega Blvd|
|Elk Grove||Engineering/Civil||Tertiary Treatment Facilities||*||$299|
|8521 Laguna Station Rd|