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Daily Newsletter

06 December 2023

Daily Newsletter

06 December 2023

Construction progresses on Ogdensburg Airport project

The development is being funded via the federal Upstate Airport Economic Development and Revitalization Competition.

December 05 2023

Construction works are progressing on Ogdensburg International Airport in New York, US, to transform it into a regional transportation hub.

The $21.5m renovation project is intended to bring in more visitors and promote economic growth across the state.

Projected to generate 195 jobs in the process, the project involves a comprehensive refurbishment of the terminal building into a multipurpose facility that better serves both air carriers and passengers.

Construction at Ogdensburg International Airport follows the US Department of Transportation’s announcement to support port enhancement projects under the federal Port Infrastructure Development Program. 

Recently, the Port of Ogdensburg received more than $5.1m for main dock terminal expansion while making port improvements to alleviate choke spots and increase the size and number of vessels that may dock concurrently.

This project, which has received an $18m grant from the $230m Upstate Airport Economic Development and Revitalization Competition, will broaden the check-in, ticketing, and baggage drop-off areas at the airport.

It will also involve the construction of a new canopy across the kerbside drop-off/pick-up area and the installation of a new passenger information display system.

Additional works include building a new multipurpose space to accommodate community gatherings, conferences, business meetings, and other public events.

New York governor Kathy Hochul said: “Thanks to our Upstate Airport Economic Development and Revitalization Initiative, the Ogdensburg International Airport will get the improvements it needs to become a true, 21st-century travel destination that will attract new visitors and businesses to the North Country [of New York].”

Ogdensburg International Airport’s terminal, built in 1980, received up to 26,921 passengers a year before Covid-19 travel restrictions were implemented.

Construction work on the airport is scheduled to be finished by early 2025.

North America Construction market dynamics

Per GlobalData, the North America construction market size is expected to reach $1,772.5 billion in 2023. The energy and utilities construction sector is expected to depict a AAGR of 8.7% in real terms from 2024 to 2027, supported by investments in regional renewable energy and oil and gas projects.

IoT market for construction set to grow at a CAGR of ~16% by 2027

There is a huge opportunity for wearables in the construction industry. Several start-ups operate in this space: for example, Proxxi protects users from getting electrocuted, and Plinx uses proximity sensors for social distancing. Wearables can also improve communication channels between field and desk workers. As digitalization develops, wearables will become synonymous with construction work.

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