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By: Alex Carrick, Chief Economist on March 20, 2023
Top 10 Project Starts in the U.S. - February 2023
The accompanying table records the top 10 project starts in the United States for February 2023.
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 - March 2023 PDF.
Click here for the January 2023 Industry Snapshot article, February’s Nonresidential Construction Starts -42% M/M, +12% Y/Y, and +42% YTD.
Click here for the Nonresidential Construction Starts Trend Graphs - February 2023.
| LOCATION (East to West) |
TYPE OF CONSTRUCTION |
DESCRIPTION |
Sq. Ft.
000s* |
Dollars
000,000s |
| New York | ||||
| New York | Commercial | John F. Kennedy International Airport Terminal Six Expansion | 1,200 | $2,600 |
| (2 structures) 4 150 Greenwich St | ||||
| RXR Realty Corporation - NYC Office | ||||
| White Plains | Residential | Hamilton Green | 895 | $585 |
| (5 structures; 860 units) 200 Hamilton Ave | ||||
| RXR Realty Corporation - NYC Office | ||||
| New York | Civil/Engineering | RFP Construction Manager - PM and CM Services for Brooklyn Bridge Coastal Resiliency | * | $483 |
| (2 structures) Multiple Locations | ||||
| NYC Department of Design and Construction (NYCDDC) | ||||
| Maryland | ||||
| Baltimore | Civil/Engineering | Howard Street Tunnel Project | * | $446 |
| (2 structures) N Howard St | ||||
| Maryland Department of Transportation (MDOT) | ||||
| North Carolina | ||||
| Charlotte | Residential | The Concourse Mixed-Use (Residential, Commercial, and Warehouse) | 2,000 | $370 |
| (5 structures; 410 units) W Arrowood Ave | ||||
| Childress Klein Properties | ||||
| Tennessee | ||||
| Franklin | Residential | Aureum Mixed-Use Development | 850 | $300 |
| (6 structures; 12 stories; 1180 units) 1397 Huffines Ridge Dr | ||||
| SouthStar | ||||
| North Dakota | ||||
| Lehr | Civil/Engineering | Badger Wind | * | $390 |
| (1 structure) McIntosh County | ||||
| Orsted North America Inc | ||||
| South Dakota | ||||
| Lake Preston | Industrial | Net-Zero 1 Biofuel Manufacturing Facility | 200 | $980 |
| (1 structure; 1 story) US-14 | ||||
| Gevo Inc. | ||||
| Texas | ||||
| Rockwell | Civil/Engineering | Widen Road - Add Shoulders - IH 30 | * | $334 |
| (2 structures) I-30 | ||||
| Texas Department of Transportation (TxDOT) - Austin | ||||
| California | ||||
| Riverside | Civil/Engineering | Desert Quartzite Solar Project | * | $1,000 |
| (1 structure) I-10 & Mesa Dr | ||||
| First Solar Inc | ||||
| TOTALS: | 5,145 | $7,508 |
