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.
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 |