Construction Forecasts

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Twenty major upcoming residential and transportation terminal construction projects

05/31/2011 by RCD Project Research

The accompanying table shows 20 of the largest upcoming residential and transportation terminal construction projects. They are all in the planning stage and are mainly new projects, but may also involve additions and/or alterations.

Shopping centers, hotels, office buildings, medical buildings, educational buildings, libraries and museums, sports and entertainment complexes, industrial projects and government buildings will all be covered on a rotating basis.

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 job-site work actually gets underway. And, as showcase projects, they highlight geographically where major construction projects are proceeding.

Finally, 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 volumes. In other words, the timing and size of these projects have an exaggerated influence on market forecasts.

Top 10 upcoming residential construction projects
 
Project Title and Owner/Developer Location Current
Stage
Project
Value
U.S. $
millions
LIGHTHOUSE MIXED USE DEVELOPMENT PH 2      
Lighthouse Development Group Nassau, NY Working Drawings $5,000
RESIDENTIAL MIXED USE DEVELOPMENT PH6      
Lighthouse Development Group Nassau, NY Working Drawings $5,000
HEARTLAND TOWN CENTER PHASE 1    
Heartland Business Centers Suffolk, NY Working Drawings $4,000
CHICAGO REDEVELOPMENT STEEL PLANT SITE PH 1      
Chicago-Bid & Bond Room Cook, IL Proposed $4,000
USC UNIVERSITY PARK STUDENT/FACULTY HOUSING      
University Of Southern CA - Facilities Los Angeles, CA Masterplanning $3,847
RIVERvIEW AT READING      
Giannasca Development Group LLC Chester, PA Proposed $2,800
RESORT CONDOMINIUMS   Design  
Southwest-Prudential Americana Group Realty Clark, NV Development $2,250
BOYLE HEIGHTS AKA WYVERNWOOD APARTMENTS PHASE 1      
Fifteen Group Los Angeles, CA Masterplanning $2,000
SOUTHWEST WATERFRONT MIXED USE District of Columbia,    
Madison Marquette-Corp DC Masterplanning $1,500
PARKMERCED APARTMENTS   Conceptual  
Parkmerced Investors LLC San Francisco, CA Drawings $1,300
Top 10 upcoming transportation terminal construction projects
 
Project Title and
Owner/Developer
Location Current
Stage
Project
Value
U.S. $
millions
CA HIGH SPEED RAIL SAN FRANCISCO - SAN JOSE      
CA-High Speed Rail Authority San Francisco, CA Proposed $21,000
FSP TRANSBAY TRANSIT CENTER PHASE 1      
San Francisco Transbay Joint Powers Authority (TPJA) San Francisco, CA Working Drawings $4,000
MWAA DULLES CORRIDOR METRORAIL PHASE 2   Conceptual  
Metro Washington Airports Auth Procurement & Contracts Dept Loudoun, VA Drawings $3,800
MTA RED LINE E/W LINE TRAIN STATIONS   Conceptual
Maryland Transportation Authority Baltimore, MD Drawings $1,800
PURPLE LINE TRANSIT STATIONS   Conceptual  
Maryland Transportation Authority Baltimore, MD Drawings $1,500
MOYNIHAN STATION EAST   Conceptual  
Vornado Realty Trust New York, NY Drawings $1,400
ORLANDO INTERNATIONAL AIRPORT HIGH-SPEED
RAIL STATION
     
Greater Orlando Aviation Authority Orange, FL Proposed $1,250
LAX BRADLEY WEST TERMINAL      
Los Angeles-World Airports Purchasing Los Angeles, CA Working Drawings $999
MOYNIHAN STATION WEST   Design  
Vornado Realty Trust New York, NY Development $800
PORT OF GULFPORT PH 1   Conceptual  
Mississippi State Port Authority Harrison, MS Drawings $570
All of the above projects share the same common factors. They are all in the planning stage. They are mainly new projects but may also involve additions and/or alterations. Shopping centers, hotels, office buildings, medical buildings, educational buildings, libraries and museums, sports and entertainment complexes, industrial projects and government buildings will all be covered on a rotating basis in the Forecaster newsletter.
Data source: Reed Construction Data/Tables: Reed Construction Data – CanaData.

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