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 multi-family housing construction projects that commenced in the US in Q3 2024, according to GlobalData’s construction projects database.
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1. Windler Mixed-Use Community
The project involves the construction of a mixed-use community on 344ha of land in Aurora, Colorado.
Construction work started in Q3 2024 and is expected to be completed in Q1 2032.
The main purpose of the project is to provide a diverse range of amenities including residential, retail, commercial, industrial and office facilities to meet the lifestyle needs of people in the Colorado region.
2. Four Seasons Private Residences Lake Austin
The project involves the construction of 18 buildings and 179 homes on 59ha of land in Austin, Texas.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2027.
The project aims to provide better residential facilities in the region.
3. Residences at Six Fisher Island
The project involves the construction of a 10-story, 24,677m2 condominium complex on 2.6ha of land in Florida.
Construction work started in Q3 2024 and is forecast to complete in Q4 2026.
4. Miami Gardens City Center Mixed-Use Complex
The project involves the construction of a 27,871m2 mixed-use complex on 14ha of land at 19199 NW 27th Avenue in Miami Gardens, Florida, the US
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2028.
5. Mirador Residential Community
The project involves the construction of a residential community on 567ha of land in Austin, Texas.
Construction work started in Q3 2024 and is expected to be completed in Q1 2027.
The project aims to provide better residential, retail, commercial facilities, and other amenities in the region.
For more details on the latest construction projects, buy the profiles here.
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