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 commercial and leisure construction projects that commenced in the US in Q4 2024, according to GlobalData’s construction projects database.
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1. New Carlisle Data Center Campus
The project involves the construction of a data center in St.Joseph County, Indiana.
Construction work started in Q4 2024 and is expected to be completed in Q4 2029.
2. Richland Parish Data Center
The project involves the construction of a 371,612m2 data center on 910ha of land in Richland Parish, Louisiana.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2030.
3. OH1 Data Center Campus
The project involves the construction of a data center campus on 28ha of land at 3475 Horizon Court in New Albany, Ohio.
Construction work started in Q4 2024 and is forecast to complete in Q4 2028.
4. Mosaic Quarter Sports And Recreational Complex
The project involves the construction of a 92,903m2 Mosaic Quarter sports and recreational complex on 36ha of land in Tucson, Arizona.
Construction work commenced in Q4 2024 and is expected to be completed in Q4 2031.
5. Plainfield Business Center
The project involves the construction of a 743,224m2 Speculative Warehouse on 174ha of land in Plainfield, Illinois.
Construction work started in Q4 2024 and is expected to be completed in Q1 2027.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
