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 leisure and hospitality building construction projects that were initiated in Q2 2024, according to GlobalData’s construction projects database.
1. Evanston Ryan Field Stadium Renovation
The project involves the construction of a 35,000 seat stadium in Evanston, Illinois, the US.
Construction work started in Q2 2024 and is expected to be completed in Q4 2026.
The project will create more than 2,900 construction jobs.
2. 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 commenced in Q2 2024 and is expected to finish in Q4 2027.
3. Champtown Commercial Development
The project involves the construction of a commercial development on 64.7ha of land off I-135 between 53rd Street North and 61st Street North in Park City, Kansas, the US.
Construction work started in Q2 2024 and is forecast to complete in Q2 2027.
4. Oasis at Lakeport
The project involves the construction of a 37,607m2 Marriott resort and entertainment district on 10.1ha of land in Missouri, the US.
Construction work commenced in Q2 2024 and is expected to be completed in Q4 2026.
The project aims to develop a family-friendly tourist destination and upon its completion, it will generate more than 500 jobs and bring 500,000 visitors to Missouri.
5. JW Marriott Detroit Water Square
The project involves the construction of 25-story hotel in Detroit, Michigan, the US
Construction work started in Q2 2024 and is expected to be completed in Q1 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.
