According to GlobalData, the value of the US construction market is forecast to grow by 2.0% in real terms in 2024, having decreased by 7.0% in 2023. A key growth market will be the infrastructure market, with output rising by 12.6% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five institutional building construction projects that commenced in the US in Q3 2024, according to GlobalData’s construction projects database.
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1. Kansas City National Security Campus Expansion
The project involves the expansion of the Kansas City National Security Campus (KCNSC), a central government office in Kansas City, Missouri.
Construction work started in Q3 2024 and is expected to be completed in Q4 2031.
2. Central Intake and Assessment Center
The project involves the construction of a 14,790m2 jail comprising 278 beds with 303 inmates in Macomb County, Michigan.
Construction work commenced in Q3 2024 and is expected to finish in Q2 2027.
This project will serve as a jail for staffing a capacity of 1,034 individuals, 14 additional community corrections workers, 17 additional jail corrections deputy staff, and eight additional jail command staff.
3. Lincoln County Justice Center
The project involved the construction of a three-story justice center on 16ha of land in Lincoln County, South Dakota.
Construction work started in Q3 2024 and is forecast to complete in Q3 2026.
The project aims to provide an integrated campus that will efficiently serve the community’s future public safety and judicial needs.
4. Oahu Aviation Unit Operations Building
The project involves the construction of a 6,168m2, two-story aviation unit operations (AUO) building in Oahu, Hawaii.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2027.
The project aims to support two Attack Reconnaissance/Assault Battalions (AAB) of the 25th Combat Aviation Brigade (CAB) at WAAF.
5. Parker Town Hall Expansion
The project involves the expansion of the town hall by a total of 6,230m2 at 20120 Main Street in Parker, Colorado.
Construction work started in Q3 2024 and is expected to be completed in Q4 2025.
For more details on the latest construction projects, buy the profiles here.
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