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 airport infrastructure construction projects that commenced in the US in Q3 2023, according to GlobalData’s construction projects database.
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1. Asheville Regional Airport Terminal Expansion
The project involves the construction of a two-story terminal at Asheville Regional Airport in Asheville, North Carolina.
Construction work started in Q3 2023 and is expected to be completed in Q4 2026.
The project aims to meet recent and expected future growth as a gateway to western North Carolina and to elevate the overall airport experience, designed to leave lasting positive impressions on all who pass through the doors. Buy the profile here.
2. Mobile Downtown Airport Terminal
The project involves the construction of a 12,402m2 terminal building with six gates in Alabama.
Construction work commenced in Q3 2023 and is expected to finish in Q1 2025.
The project aims to provide better services, more spaces and more check-in desks for passengers at the airport. Buy the profile here.
3. Anchorage Runway Extension
The project involves the construction of the runway at Anchorage, Alaska.
Construction work started in Q3 2023 and is forecast to complete in Q3 2025.
The project aims to provide better runway facilities in the region.
4. Helicopter Operations Tactical Response Alert Facility
The project involves the construction of a 12,356m2 tactical response alert facilities in Glenburn, North Dakota.
Construction work commenced in Q3 2023 and is expected to be completed in Q4 2025.
The project will provide helicopter security response for the 91st Missile Wing. The new facilities will also house the MH-139A Grey Wolf helicopters which are replacing the UH-1, nicknamed the ‘Huey’. Buy the profile here.
5. Milton Helicopter Support Center
The project involves the construction of a 10,498m2 helicopter support center in Milton, Florida.
Construction work started in Q3 2023 and is expected to be completed in Q4 2024.
The project aims to serve the repair needs of Leonardo’s helicopter fleet which is operating throughout the Gulf of Mexico and Central America.
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.
