According to GlobalData, the value of the US construction market is forecast to grow by 2.0% in real terms in 2023, having decreased by 7.0% in 2022. 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 bridge construction projects that commenced in the US in Q3 2023, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
1. Brooks Bridge Replacement
The project involves the replacement of the Brooks Bridge in Florida.
Construction work started in Q3 2023 and is expected to be completed in Q2 2027.
The project aims to increase traffic capacity and help in easing the summer congestion. Buy the profile here.
2. Cuyahoga Falls Route 8 Bridge Replacement
The project involves the replacement of the State Route 8 (SR 8) Bridge connecting Cuyahoga Falls and Akron in Ohio.
Construction work commenced in Q3 2023 and is expected to finish in Q3 2028.
The project aims to reduce traffic congestion and reduce the traveling time in the region. Buy the profile here.
3. Denali National Park Bridge
The project involves the construction of a 0.14km steel truss bridge in the Polychrome Area, Alaska.
Construction work started in Q3 2023 and is forecast to complete in Q2 2025.
The project aims to provide better transport facilities in the region.
4. DRBA Memorial Bridges Ship Collision Protection System
The project involves the upgrade of the Ship Collision Protection System for Delaware bridges in Delaware.
Construction work commenced in Q3 2023 and is expected to be completed in Q3 2025.
The project aims to improve safety for three million annual commuters and two million freight trucks that move goods across the bridges by protecting the bridges against larger post-Panamax and mega-ships.
5. A-09-037 Bridge Replacement
The project involves the replacement of the A-09-037 bridge in Andover, Massachusetts.
Construction work started in Q3 2023 and is expected to be completed in Q4 2025.
The project is a part of Bipartisan Infrastructure Law and aims to upgrade highways and bridges.
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.
