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 educational building construction projects that commenced in the US in Q3 2023, according to GlobalData’s construction projects database.
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1. San Diego Triton Center
The project involves the construction of a four-building triton center in San Diego, California.
Construction work started in Q3 2023 and is expected to be completed in Q4 2026.
The project aims to redevelop a collection of 1940s-era, one-story buildings into a triton center to provide access to medical care and wellness spaces and become an extension of the Teaching + Learning Commons program. Upon completion, it will become a central hub for students and will be within walking distance of John Muir College and the Cognitive Science Building.
2. Hodgson Vocational Technical High School
The project involves the construction of a 26,654m2 new school building in Newark, Delaware.
Construction work commenced in Q3 2023 and is expected to finish in Q4 2026.
The project aims to redevelop the old school building into a new vo-tech school to provide better education and athletic facilities in the region.
3. Pasco Comprehensive High School
The project involves the construction of 2,7816m2 Comprehensive High School on 26ha of land at 6091 Burns Road in Pasco, Washington.
Construction work started in Q3 2023 and is forecast to complete in Q4 2025.
The project aims to reduce portable classrooms and overcrowding happening in other schools and will serve 2,000 students. Buy the profile here.
4. North Carolina State University Integrative Sciences Building
The project involves the construction of a six-story integrative science building with a floor area of 15,324m2 in Raleigh, North Carolina.
Construction work commenced in Q3 2023 and is expected to be completed in Q3 2026.
The aim of an integrative science-building project typically involves creating a state-of-the-art facilities that promotes collaboration, innovation, and advancement in scientific research.
5. 1712 West Lake Drive High School UUU
The project involves the construction of three-story, 33,352m2, high school on 35ha of land in Wimauma, Florida.
Construction work started in Q3 2023 and is expected to be completed in Q3 2025.
The project aims to provide the best education, including innovative classroom space, advanced curriculum, and the latest technology for the students in that region.
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.
