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The accompanying table records the top 10 project starts in the United States for April 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 - June 2023 PDF.
Click here for the January 2023 Industry Snapshot article, May’s Nonresidential Construction Starts +4% M/M, -30% Y/Y, and +2% YTD.
Click here for the Nonresidential Construction Starts Trend Graphs - May 2023.
| LOCATION (East to West) |
TYPE OF CONSTRUCTION |
DESCRIPTION |
Sq. Ft.
000s* |
Dollars
000,000s |
| New York | ||||
| New York | Residential | Java Street Multi-Residential Development | 482 | $360 |
| (3 structures; 36 stories; 834 units) 1 Java St | ||||
| RedSky Capital | ||||
| Pennsylvania | ||||
| Philadelphia | Institutional | Spark Therapeutics at Drexel University Abbott's Dairy Site | 500 | $575 |
| (2 structures; 6 stories) 3001 Chestnut St | ||||
| Brandywine Realty Trust | ||||
| Maryland | ||||
| North Bethesda | Institutional | Surgery, Radiology, Laboratory Medicine (SRLM) Facility - National Institutes of Health | 630 | $628 |
| (4 structures; 14 stories) Old Georgetown Rd & Rockville Pike | ||||
| US Department of Health and Human Services - National Institutes of Health (NIH) | ||||
| Louisiana | ||||
| Geismar | Industrial | BASF MDI Chemical Plant Expansion | 300 | $780 |
| (3 structures) 8404 River Rd | ||||
| BASF / Geismar | ||||
| Kansas | ||||
| De Soto | Industrial | Panasonic Energy Co. Electric Vehicle Battery Plant / De Soto | 4,776 | $4,000 |
| (1 structure) 10301 Astra Pkwy | ||||
| Panasonic Corporation of North America | ||||
| Arizona | ||||
| El Mirage | Industrial | LogistiCenter at Copperwing | 5,000 | $1,500 |
| (5 structures) Northern Parkway Expressway & Dysart Rd | ||||
| Dermody Properties | ||||
| Nevada | ||||
| Dyke | Industrial | Thacker Pass Lithium Mine | * | $650 |
| (1 structure) Humboldt County | ||||
| Lithium Nevada Corp. | ||||
| Washington | ||||
| Woodinville | Residential | Harvest Farmstead Mixed-Use Development / Woodinville | 4,157 | $700 |
| (5 structures; 4 stories; 565 units) 14485 RedmondWoodinville Rd NE | ||||
| Vector Development Company | ||||
| California | ||||
| San Jose | Institutional | New Child and Adolescent Psychiatric Facility/BHSC Project | 207 | $423 |
| (2 structures; 116 units) 751 S Bascom Ave | ||||
| Board of Supervisors of the County of Santa Clara | ||||
| San Francisco | Residential | Potrero Power Plant Site Redevelopment - Phase One | 1,200 | $400 |
| (7 structures; 742 units) 1201 Illinois St | ||||
| Associate Capital | ||||
| TOTALS: | 17,252 | $10,016 |
