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Archive for May 2nd, 2023

Megas Not a One Trick Pony

Tuesday, May 2nd, 2023

Article source: ConstructConnect

Much of my work-related conversation over the past year-plus has concerned the preponderance of mega-sized construction projects being green-lighted in the United States. A ‘mega’ is defined as a project carrying an estimated value of a billion dollars or more.

Spurred on by government incentive measures, a desire to bring jobs back to America from overseas, and target dates for drastically reducing carbon emissions, there has been an explosion of activity in ‘starts’ on industrial/manufacturing projects, as is captured in Graph 1 below.

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