Alex Carrick, Chief Economist at ConstructConnectAlex Carrick is Chief Economist for ConstructConnect. He is a frequent contributor to the Daily Commercial News and the Journal of Commerce. He has delivered presentations throughout North America on the Canadian, United States and world construction outlooks. A trusted and often-quoted source for the media, Mr. Carrick holds a Masters in Economics.
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Alex Carrick, Chief Economist at ConstructConnectAlex Carrick is Chief Economist for ConstructConnect. He is a frequent contributor to the Daily Commercial News and the Journal of Commerce. He has delivered presentations throughout North America on the Canadian, United States and world construction outlooks. A trusted and often-quoted source for
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Top 10 Project Starts in the U.S. – February 2017
March 21st, 2017 by Alex Carrick, Chief Economist at ConstructConnect
Article source: ConstructConnect
The accompanying table records the top 10 project starts in the U.S. for February 2017.
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.
Top 10 project starts in the U.S. – February 2017
LOCATION
(EAST TOWEST) |
TYPE OF
CONSTRUCTION |
DESCRIPTION |
SQ. FT.
000S*
|
DOLLARS
000,000S
|
| New York |
|
|
|
|
| New York |
Commercial |
One Vanderbilt |
1,500 |
$3,000 |
|
|
(4 structures; 67 stories) 10 Vanderbilt Ave |
|
|
|
|
SL Green Realty Corporation |
|
|
| Long Island City |
Commercial |
One and Three Gotham Center |
1,100 |
$700 |
|
|
(3 structures; 34 stories) 28-07 Jackson Ave |
|
|
|
|
Tishman Speyer Global HQ – New York |
|
|
| North Carolina |
|
|
|
|
| Mooresville |
Institutional |
Langtree Lake Norman – Phases II and III – Novant Health Care/Hilton Doubletree |
1,550 |
$500 |
|
|
(6 structures; 14 stories) Langtree Road |
|
|
|
|
RL West Head Quarters – Mooresville |
|
|
| Florida |
|
|
|
|
| Miami |
Residential |
Brickell Heights |
500 |
$400 |
|
|
(2 structures; 690 units) 850 S Miami Ave |
|
|
|
|
Crescent Heights – Miami |
|
|
| Michigan |
|
|
|
|
| Grand Rapids |
Industrial |
Area 52 – Phases 3 & 4 |
800 |
$376 |
|
|
(1 structure) 5005 Kraft Ave SE |
|
|
|
|
Robert Grooters Development Co |
|
|
| Illinois |
|
|
|
|
| Chicago |
Residential |
Riverline Development |
2,000 |
$1,500 |
|
|
(4 stories; 80 stories) 726 S Wells St, Harrison St, Roosevelt Rd |
|
|
|
|
CMK Companies |
|
|
| Alabama |
|
|
|
|
| Huntsville |
Commercial |
MidCity Huntsville Redevelopment Project |
900 |
$450 |
|
|
(4 structures) 5901 University Dr |
|
|
|
|
RCP Companies |
|
|
| Texas |
|
|
|
|
| Hutchins |
Industrial |
Core5 Industrial Partners/Hutchins Logistic Center |
755 |
$405 |
|
|
(1 structure) 1200 W Wintergreen Rd |
|
|
|
|
Core5 Industrial Partners LLC |
|
|
| Arizona |
|
|
|
|
| Phoenix |
Engineering/Civil |
Loop 202 South Mountain Freeway |
* |
$917 |
|
|
Arizona Department of Transportation (AZDOT) Public-Private Partnership (P3) Division |
|
|
| California |
|
|
|
|
| Los Angeles |
Engineering/Civil |
Design Build Services For Midfield Satellite Concourse North At Los Angeles International Airport |
750 |
$1,600 |
|
|
1 World Way |
|
|
|
|
Los Angeles World Airport – Administration Department |
|
|
| TOTALS: |
|
|
9,855 |
$9,848 |
*A square footage measure does not apply for alteration and engineering/civil work.
Data source and table: ConstructConnect.
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Tags: Alex Carrick, architect, construct, ConstructConnect, Economist, house, job
Category: ConstructConnect
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