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 institutional building construction projects that commenced in the US in Q2 2024, according to GlobalData’s construction projects database.
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1. Omaha Non-Kinetic Operations Facility and Defense Courier Station
The project involves the construction of a non-kinetic operations facilities and defense courier station in Omaha, Nebraska.
Construction work started in Q2 2024 and is expected to be completed in Q4 2027.
The project aims to provide better office and infrastructure facilities in the region.
2. Milwaukee Public Museum
The project involves the construction of an 18,581m2, six-story museum building on 0.97ha of land in Wisconsin.
Construction work commenced in Q2 2024 and is expected to finish in Q1 2027.
The aim of the project is to relocate the existing Milwaukee Public Museum to a future place that provides better facilities to preserve the artefacts and allow better public viewing.
3. Garden Grove Civic Center Revitalization
The project involves the construction of a new public safety facilities for the Garden Grove Police Department and a redesigned Civic Center Park on 2.24ha of land at the northeast corner of Acacia Parkway and Euclid Street in Garden Grove, California.
Construction work started in Q2 2024 and is forecast to complete in Q4 2028.
4. Army Depot Fire Department Facility Expansion
The project involves the expansion of a 4,600m2 logistics facilities in Chambersburg, Pennsylvania.
Construction work commenced in Q2 2024 and is expected to be completed in Q2 2025.
The project aims to incorporate force protection requirements and bring the building to current standards. Buy the profile here.
5. Williamson County Administration Building
The project involves the construction of an 11,148m2 administration building on 68.79ha of land in Georgetown, Texas.
Construction work started in Q2 2024 and is expected to be completed in Q4 2025.
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.
