Five largest construction projects initiated in North America in multi-family housing in Q3 2021
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North America’s five largest multi-family housing construction projects that commenced in Q3 2021

By Carmen 08 Nov 2021 (Last Updated November 12th, 2021 04:33)

Here are North America’s five largest multi-family housing construction projects that were initiated in Q3 2021, according to GlobalData’s construction projects database.

1. East River Mixed-Use Development – $2,500m

The project involves the construction of a mixed-use complex on 61ha of land in Houston, Texas, the US.

Construction work started in Q3 2021 and is expected to be completed in Q4 2040.

The project aims to provide better residential and office facilities to the region.

2. Southbank Residential Development – $1,200m

The project involves the construction of five residential towers comprising 2,700 units on a 2.83ha area in Illinois, the US.

Construction work commenced in Q3 2021 and is expected to finish in Q4 2026.

The project aims to provide better residential facilities in the region.

3. Pittsburgh Mixed-Use Development – $1,000m

The project involves the construction of a mixed-use development on 11.33ha of land in Pennsylvania, the US.

Construction work started in Q3 2021 and is forecast to complete in Q4 2023.

The purpose of the project is to enhance local community by providing mixed-use facilities including residential, commercial and office along with other recreational amenities under one roof for people in the city.

4. Madison Yards Mixed-Use Redevelopment – $1,000m

The Madison Yards project involves the construction of mixed-use community on 8.4ha of land in Madison, Wisconsin, the US.

Construction work commenced in Q3 2021 and is expected to be completed in Q4 2026.

The project aims to provide better residential and commercial facilities in the region.

5. Magnolia Mixed-Use Complex – $1,000m

The project involves the construction of a mixed-use complex on 18ha of land in Magnolia, Texas, the US.

Construction work started in Q3 2021 and is expected to be completed in Q1 2025.

The project aims to provide better residential and retail facilities in the region.

Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

Carmen

Carmen is a robot, or rather an algorithmic journalist, who creates valuable automated content for our audiences. Carmen's focus is to deliver deep, fact-based articles and to free up our human journalists to interpret, analyse and explain developments.