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 educational building construction projects that commenced in the US in Q4 2024, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
1. Veterinary Medicine School
The project involves the construction of a college of veterinary medicine in Clemson, South Carolina.
Construction work started in Q4 2024 and is expected to be completed in Q4 2026.
2. Travis Early College High School Modernization
The project involves the modernization of a high school in Texas.
Construction work commenced in Q4 2024 and is expected to finish in Q4 2028.
The project aims to improve students’ lives educate them and prepare them for the future by creating modernized learning spaces. Buy the profile here.
3. Durham School of the Arts
The project involves the construction of a new Durham School of the Arts facilities on 21.8ha of land in North Carolina.
Construction work started in Q4 2024 and is forecast to complete in Q4 2026.
The project aims to provide better education facilities in the region.
4. Baltimore School of Social Work
The project involves the construction of a six-story, 11,799m2 school in Baltimore, Maryland.
Construction work commenced in Q4 2024 and is expected to be completed in Q2 2027.
The project aims to provide better educational facilities in the region and will employ 535 staff and 249 faculty. Buy the profile here.
5. John and Rita Canning Student Center
The project involves the construction of a 13,378m2 three-story canning student center in Palatine, Illinois.
Construction work started in Q4 2024 and is expected to be completed in Q3 2027.
For more details on the latest construction projects, buy the profiles here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
