The construction market in North America is forecasted by GlobalData to grow by 1.9% in real terms in 2023, having decreased by 5.7% in 2022. 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 road infrastructure construction projects that were initiated in Q2 2023, according to GlobalData’s construction projects database.
Smarter leaders trust GlobalData
1. Mon-Fayette Expressway Expansion: Southern Section
The project involves the expansion of the southern section of the Mon-Fayette Expressway in Pennsylvania, the US.
Construction work started in Q2 2023 and is expected to be completed in Q4 2028.
The project aims to provide new mobility solutions which help to make daily commuting safer, easier, and more efficient. Buy the profile here.
2. John F. Kennedy International Airport Central Terminal Area Roadways, Utilities and Ground Transportation Center
The project involves the construction of an on-airport roadway transportation network and utility relocations and upgrades in New York, the US.
Construction work commenced in Q2 2023 and is expected to finish in Q4 2027.
The project aims to enhance user connectivity and access to nearby terminals. Buy the profile here.
3. Pyramid Highway Improvement
The project involves the improvements of a Pyramid Highway in Nevada, the US.
Construction work started in Q2 2023 and is forecast to complete in Q1 2025.
The purpose of the project is to achieve the transportation objectives identified in the CMP by addressing the following transportation, existing congestion problems on Pyramid Highway, service existing and forecasted population growth, address existing travel inefficiencies, address safety problems on Pyramid Highway, and existing and future access needs and be responsive to regional and local plans. Buy the profile here.
4. Interstate 30 From Dalrock Road to SH 205
The project involves the expansion of Interstate 30 from six to eight lanes in Rockwall, Texas, the US.
Construction work commenced in Q2 2023 and is expected to be completed in Q4 2026.
The project aims to reduce crashes and to improve safety, traffic congestion, and mobility in the area. Buy the profile here.
5. Interstate 680 Express Lane and Pavement Rehabilitation
The project involves 14km of pavement rehabilitation on Interstate 680 (I-680) in San Ramon, California, the US.
Construction work started in Q2 2023 and is expected to be completed in Q4 2026.
The project aims to improve the safety, reliability, and freight mobility of I-680, preserve the transportation system’s condition, and improve system performance.
For more details on the latest construction projects, buy the profiles here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
