Mega-Jobs Highlight a Healthy Mix of New Construction Projects Now in the Pipeline

Projects of $100 million in total construction value that made news over the past six weeks include a 3,500-room Las Vegas resort; a 72-story Los Angeles office tower; a billion-dollar residential development in the California desert; and a $4.3 billion office complex project planned for Kansas City, Mo., by Cerner Corp. Another economic indicator highlighting the current health of the construction market is McGraw-Hill Construction’s Dodge Momentum Index, which rose 1.2% in December from November and is at the highest level since Feb. 2009.

With a more diverse mix of construction projects either breaking ground or on the drawing boards in a broad range of regional markets, the nonresidential construction market may finally be on solid ground. Projects of $100 million in total construction value that made news over the past six weeks include a 3,500-room Las Vegas resort; a 72-story Los Angeles office tower; a billion-dollar residential development in the California desert; and a $4.3 billion office complex project planned for Ka

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish