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By: Alex Carrick, Chief Economist on January 17, 2023
Top 10 Project Starts in the U.S. - December 2022
The accompanying table records the top 10 project starts in the United States for November 2022.
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 - December 2022 PDF.
Click here for the November 2022 Industry Snapshot article, December’s Nonresidential Construction Starts +58% M/M, +78% Y/Y & +33% YTD.
Click here for the Nonresidential Construction Starts Trend Graphs - December 2022.
| LOCATION (East to West) |
TYPE OF CONSTRUCTION |
DESCRIPTION |
Sq. Ft.
000s* |
Dollars
000,000s |
| Connecticut | ||||
| New Haven | Institutional | Yale-New Haven Hospital Neuroscience Center | 505 | $838 |
| (3 structures; 7 stories; 201 units) 659 George St | ||||
| Yale-New Haven Hospital Saint Raphael Campus | ||||
| New York | ||||
| Albany | Civil/Engineering | Champlain Hudson Power Express Project (underground cable, Canada to New York) | * | $4,500 |
| (3 structures) Multiple Locations | ||||
| Transmission Developers, Inc | ||||
| New Jersey | ||||
| East Orange | Residential | The Crossings at Brick Church Station Phases 1 and 2 | 1,000 | $500 |
| (6 structures; units 820) 533 Main St | ||||
| Triangle Equities | ||||
| North Carolina | ||||
| Durham | Industrial | Industrial Site, Junction & Ferrell | 1,000 | $537 |
| (3 structures) 2410 Ferrell Rd | ||||
| Joven Properties | ||||
| Ohio | ||||
| Oak Run Township | Civil/Engineering | Fox Squirrel Solar | * | $678 |
| (1 structure) Madison County | ||||
| EDF Renewables Corporate | ||||
| Tennessee | ||||
| Stanton | Industrial | Blue Oval City Manufacturing Facility - Ford Motor Company | 7,500 | $5,600 |
| (2 structures) TN-222 | ||||
| SK Innovation | ||||
| Texas | ||||
| Frisco | Residential | Hall Park | 1,000 | $500 |
| (7 structures; 9 stories; 1,736 units) Gaylord Pkway & Warren Pkwy | ||||
| Hall Group | ||||
| Arizona | ||||
| Phoenix | Industrial | Taiwan Semiconductor Manufacturing Company - Fab 2 / Phoenix | 2,500 | $8,000 |
| (2 structures) Loop 303 and I-17 | ||||
| TSMC North America | ||||
| Buckeye | Industrial | KOREPlex Manufacturing Facility (Batteries) | 2,000 | $1,250 |
| (1 structure) Baseline Rd | ||||
| KORE Power Inc | ||||
| Washington | ||||
| Auburn | Industrial | Auburn 18 Business Park New Buildings | 1,000 | $537 |
| (1 structure) 400 15th St SW | ||||
| Industrial Realty Group, LLC | ||||
| TOTALS: | 16,505 | $22,940 |
