The construction market in North America is forecasted by GlobalData to grow by 1.9% in real terms in 2024, having decreased by 5.7% in 2023. A key growth market will be the infrastructure market, with output rising by 11.1% 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 North America’s five largest commercial and leisure construction projects that were initiated in Q2 2024, according to GlobalData’s construction projects database.
1. Talise Mixed-Use Community
The project involves the construction of a mixed-use community on 5,261ha of land at the intersection of I-35, U.S. Highway 83, and Texas Highway 255 in Laredo, Texas, the US.
Construction work started in Q2 2024 and is expected to be completed in Q2 2030.
2. Clayworks Mixed-Use Community Redevelopment
The project involves the construction of a 116,128m2 mixed-use community on 5ha of land in Golden, Colorado, the US.
Construction work commenced in Q2 2024 and is expected to finish in Q4 2034.
The project aims to move the CoorsTek headquarters to the site and build a mixed-use community around it.
3. Peru Shelf Technology Data Center Park
The project involves the construction of a data center park on 278ha of land within the Tahoe-Reno Industrial Center in Storey County, Nevada, the US.
Construction work started in Q2 2024 and is forecast to complete in Q4 2026.
4. Evanston Ryan Field Stadium Renovation
The project involves the construction of a 35,000 seat stadium in Evanston, Illinois, the US.
Construction work commenced in Q2 2024 and is expected to be completed in Q4 2026.
The project will create more than 2,900 construction jobs.
5. Catawba Two Kings Casino Resort
The project involves the construction of a 185,806m2 resort on 6.8ha of land in Kings Mountain, North Carolina, the US
Construction work started in Q2 2024 and is expected to be completed in Q4 2027.
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.
