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Top 10 Project Starts in the U.S. - March 2023 Blog Feature

By: Alex Carrick, Chief Economist on April 18, 2023

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Top 10 Project Starts in the U.S. - March 2023

The accompanying table records the top 10 project starts in the United States for March 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 - April 2023 PDF.

Click here for the January 2023 Industry Snapshot article, March’s Nonresidential Construction Starts +45% M/M, +26% Y/Y, and +36% YTD.

Click here for the Nonresidential Construction Starts Trend Graphs - March 2023.

Top 10 Project Starts in the U.S. - March 2023
LOCATION
(East to
West)
TYPE OF
CONSTRUCTION
DESCRIPTION
Sq. Ft.
000s*
Dollars
000,000s
Maryland        
Odenton Institutional East Campus Building 4 (ECB4) at Fort George G. Meade 864 $698
    (6 structures) 830 Chisholm Ave    
    US Army Corps of Engineers - Baltimore District    
         
North Bethesda Residential Strathmore Square 1,900 $550
    (4 structures; 11 stories; 2000 units) Tuckerman Ln    
    Fivesquares Development    
         
Virginia        
Bristol Commercial Hardrock Resort & Casino Alterations * $500
    500 Gate City Hwy    
    The United Company    
         
Georgia        
Covington Industrial SK Group Semiconductor Plant 1,000 $600
    (1 structure) 3000 Skc Dr    
    Absolics Inc/SK Ecoengineering Inc    
         
Florida        
Tampa Residential Gas Worx - Phase 1 750 $500
    (3 structures; 719 units) 1400 Channelside Dr    
    Kettler    
         
Ohio        
Washington Court House Industrial Honda LG Energy Solutions - Battery Plant Development 2,000 $3,500
    (3 structures) Old US 35    
    LG Energy Solution    
         
Illinois        
Chicago Residential Bronzeville Lakefront - Phase I 1,100 $600
    (9 structures) 2960 S Ellis Ave    
    McLaurin Development Partners    
         
Nebraska        
Omaha Commercial Mutual of Omaha New Headquarters 800 $600
    (1 structure; 44 stories) 215 S 15th St    
    Hines - Corporate Office    
         
Texas        
Austin Civil/Engineering IH 35 - Widen Road - Add Lanes * $607
    (2 structures) I-35    
    Texas Department of Transportation (TxDOT) - Austin    
         
Alaska        
Prudhoe Bay Civil/Engineering Pikka North Slope Oil Project * $3,000
    (1 structure) Prudhoe Bay    
    Santos / Oil Search (Alaska) LLC    
         
         
TOTALS:     8,414 $11,155
*A square footage measure does not apply for alteration, some forms of industrial (e.g., petrochemical), and engineering/civil work.
Data source and table: ConstructConnect.

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.