By: Alex Carrick, Chief Economist on February 24th, 2023
Top 10 Project Starts in the U.S. - January 2023
The accompanying table records the top 10 project starts in the United States for January 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 - January 2022 PDF.
Click here for the January 2023 Industry Snapshot article, January’s Nonresidential Construction Starts +14% M/M and +67% Y/Y.
Click here for the Nonresidential Construction Starts Trend Graphs - January 2023.
|Rochester||Institutional||Strong Memorial Hospital Expansion||650||$641|
|(3 structures; 9 stories; 100 beds) 601 Elmwood Ave|
|Strong Memorial Hospital|
|Saint Petersburg||Residential||Gateway Logistics Center (mixed-use residential & industrial)||1,500||$500|
|(2 structures; 5 stories; 425 units) Gandy Blvd & I-275|
|Indianapolis||Institutional||New Indy Hospital Project - Indiana University Health||2,000||$1,600|
|(1 structure; 16 stories; 672 beds) E 16th St|
|Indiana University Health (IU Health)|
|Bay Minette||Industrial||Novelis Corporation Low-Carbon Aluminum Recycling and Rolling Plant / South Alabama MegaSite||2,500||$2,500|
|(3 structures) Hwy 287 & I-65|
|Port Arthur||Industrial||Sempra Energy - Liquefied Natural Gas Export Terminal - Phase 1 Trains 1 & 2 / Port Arthur||200||$10,500|
|(1 structure) Texas 87 & Intracoastal Waterway|
|Lubbock||Industrial||Leprino Foods Co Cheese Processing Plant / Lubbock||850||$870|
|(1 structure) 4301 E 19th St|
|Pflugerville||Civil/Engineering||Widen Road - Add Lanes - IH 35||*||$548|
|(2 structures) N Interstate Hwy 35|
|Texas Department of Transportation (TxDOT) - Austin|
|Queen Creek||Industrial||Germann Commerce Center||1,000||$590|
|(2 structures) E Germann Rd & N Meridian Rd|
|Thompson Thrift - Terre Haute|
|Sacramento||Institutional||Replacement Hospital Tower (RHT)||985||$975|
|(3 structures; 14 stories; 332 beds) 4800 2nd Ave|
|UC-Davis Medical Center - Facilities, Design and Construction|
|Petaluma||Institutional||M&R Bathrooms & Berthing Mace Hall, Alterations||*||$500|
|(1 structure) 599 Tomales Rd|
|US Coast Guard (USCG) - Training Center (TRACEN) Petaluma|
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.