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 multi-family housing construction projects that were initiated in Q4 2023, according to GlobalData’s construction projects database.

Smarter leaders trust GlobalData

Report-cover

Premium Insights Construction Projects

Buy the profiles

Premium Insights

The gold standard of business intelligence.

Find out more

1. Naawi-Oodena Urban Development Zone project

The project involves the construction of the Naawi-Oodena Urban Mixed-use Development Zone on 3.1ha of land in Manitoba, Canada.

Construction work started in Q4 2023 and is expected to be completed in Q3 2027.

The project aims to redevelop the former Kapyong barracks site in Winnipeg’s Tuxedo neighborhood and to enhance sustainable growth and economic prosperity of the region. Buy the profile here.

2. Lee’s Summit Discovery Park Mixed-Use Development

The project involves the construction of a 362,322m2 mixed-use community on 108.4ha of land in Lee’s Summit, Missouri, the US.

Construction work commenced in Q4 2023 and is expected to finish in Q4 2031.

The project aims to bring living, work, stay, and play space together for the people in the region.

3. Allston Enterprise Research Campus

The project involves the construction of an 83,612m2 mixed-use complex on 5.7ha of land in Massachusetts, the US.

Construction work started in Q4 2023 and is forecast to complete in Q1 2026.

The project aims to provide better office, hospitality, leisure and residential facilities in the region. Buy the profile here.

4. La Cienega Blvd Mixed-Use Development

The project involves the construction of a 42,828m2 mixed-use complex on 1.4ha in Los Angeles, California, the US.

Construction work commenced in Q4 2023 and is expected to be completed in Q4 2025.

The project aims to provide better residential, office and retail facilities to the region. Buy the profile here.

5. The Landings at St. Johns

The project involves the construction of a residential community consisting of Del Webb St. Johns and Pulte Homes in St. Johns County, Florida, the US.

Construction work started in Q4 2023 and is expected to be completed in Q4 2025.

The project aims to meet the growing demand for housing in the region. Buy the profile here.

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

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.