The construction market in North America is forecasted by GlobalData to grow by 1.9% in real terms in 2024, having decreased by 5.7% in 2023. A key growth market will be the infrastructure market, with output rising by 11.1% 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 North America’s five largest road infrastructure construction projects that were initiated in Q3 2024, according to GlobalData’s construction projects database.
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1. I-25 Improved: Comanche to Montgomery
The project involves the improvement of the roadway from Comanche Rd to Montgomery Blvd in New Mexico, the US.
Construction work started in Q3 2024 and is expected to be completed in Q2 2027.
2. Val Vista Drive to State Route 101 Road Widening
The project involves widening a 20.92km road from Loop 202 (Santan Freeway) to Loop 101 (Price Freeway) to Val Vista Drive in Maricopa, Arizona, the US.
Construction work commenced in Q3 2024 and is expected to finish in Q3 2027.
The project aims to improve safety and help traffic flow operate more smoothly.
3. Reimagine Boulder Highway
The project involves the construction of a 12km long roadway along the highway from Wagon Wheel Drive to Gibson Road in Henderson, Nevada, the US.
Construction work started in Q3 2024 and is forecast to complete in Q4 2027.
The project aims at increasing safety and making it easier for pedestrians and bicyclists and the 30,000 residents who live on Boulder Highway. Buy the profile here.
4. US 93/I-40 West Kingman Traffic Interchange
The project involves the construction of an interchange between US 93 and Interstate 40 in West Kingman, Arizona, the US.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2026.
The project aims to reduce congestion and improve traffic flow between I-40 and US 93 which will provide safety, accessibility and convenience to the travelers. Buy the profile here.
5. State Route 99/120 Interchange Improvement
The project involves the upgrade and construction of State Route 99/120 in San Joaquin County, California, the US.
Construction work started in Q3 2024 and is expected to be completed in Q1 2042.
The project aims to relieve traffic congestion and improve connectivity of SR 99 with the SR 120 and Austin Road Interchanges.
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.
