By: Alex Carrick, Chief Economist on April 19th, 2022
Top 10 Project Starts in the U.S. - March 2022
The accompanying table records the top 10 project starts in the U.S. for March 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 - March 2022 PDF.
Click here for the November 2021 Industry Snapshot article, March's Nonresidential Construction Starts +32% M/M, -8% Y/Y, & +1% YTD.
Click here for the Nonresidential Construction Starts Trend Graphs - March 2022.
|Foxborough||Commercial||10 World Trade Center (fka 401 Congress)||555||$250|
|(2 structures; 17 stories) 401 Congress St|
|Boston Global Investors|
|Petersburg||Institutional||Construction of the New Central State Hospital Project||470||$270|
|(1 structure; 252 units) 26317 W Washington St|
|Virginia Department of General Services|
|Holly Springs||Industrial||Amgen Biomanufacturing Facility||350||$380|
|(1 structure) NC 540 and US 1|
|Boca Raton||Institutional||Boca Raton Regional Hospital Gloria Drummond Patient Tower||437||$260|
|(1 structure; 9 stories) 745 Meadows Rd|
|Boca Raton Regional Hospital|
|Farmington Hills||Civil/Engineering||Pavement Reconstruction, Traffic Management Installation, Ramp, Culvert Construction, Drainage, Signing, Lighting, Landscaping, Bridge Rehabilitation, Pavement Markings on I-96||*||$332|
|(8 structures) I-96|
|Michigan Department of Transportation (MDOT)|
|Spiritwood||Industrial||Spiritwood Soybean Crushing Plant At Spiritwood Energy Park Association Industrial Park||100||$350|
|(2 structures) 3349 94th Ave SE|
|Archer Daniels Midland Company|
|Austin||Civil/Engineering||183 North Mobility Project||*||$477|
|(2 structure) US-183|
|Central Texas Regional Mobility Authority|
|Pharr||Civil/Engineering||365 Tollway Project (Segments 1 and 2)||*||$296|
|(7 structures) Multiple Locations|
|Hidalgo County Regional Mobility Authority|
|Golden||Civil/Engineering||Gross Reservoir Expansion Project - Denver Water||*||$464|
|(3 structures) Gross Dam Rd|
|Las Vegas||Civil/Engineering||Yellow Pine Solar Project (3,000 acres)||*||$400|
|(1 structure) Clark Country|
|NextEra Energy Resources LLC / NextEra Energy Inc.|
About Alex Carrick, Chief Economist
Alex Carrick is Chief Economist for ConstructConnect. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks. Mr. Carrick has been with the company since 1985.