According to GlobalData, the value of the US construction market is forecast to grow by 2.0% in real terms in 2023, having decreased by 7.0% in 2022. A key growth market will be the infrastructure market, with output rising by 12.6% 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 the top five single-family housing construction projects that commenced in the US in Q1 2023, according to GlobalData’s construction projects database.

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1. Reveille Mixed-Use Development

The project involves the construction of a mixed-use facilities on 206ha of land along the east side of SR 211 between Union Church Road and Ridgemoor Drive in Hall County, north of Atlanta, Georgia.

Construction work started in Q1 2023 and is expected to be completed in Q4 2028.

The project aims to provide better residential and hospitality facilities through a southern coastal craftsman-type architectural theme in the region. Buy the profile here.

2. The Ranch at Uptown Celina Residential Community

The project involves the construction of 450 single-family residential units on 60ha of land in Dallas, Texas.

Construction work commenced in Q1 2023 and is expected to finish in Q4 2024.

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

3. 11923 Fresno Residential Community

The project involves the construction of single family homes in Fresno, Texas.

Construction work started in Q1 2023 and is forecast to complete in Q2 2024.

The project aims to provide better residential facilities to the region. Buy the profile here.

4. Encanto Isla

The project involves the construction of townhomes on 10.1ha of land in Osceola County, Florida.

Construction work commenced in Q1 2023 and is expected to be completed in Q4 2025.

The project aims to provide rental residential facilities in the region. Buy the profile here.

5. Kawili Street Senior Housing Complex: Phase II

The project involves the construction of a senior housing complex comprising 140-unit senior housing community in Hawaii.

Construction work started in Q1 2023 and is expected to be completed in Q4 2024.

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

For more details on the latest construction projects, buy the profiles here.

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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.