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May 23, 2022updated 27 Jul 2022 5:11pm

North America’s five largest single-family housing construction projects that commenced in Q1 2022

By Carmen

Here are North America’s five largest single-family housing construction projects that were initiated in Q1 2022, according to GlobalData’s construction projects database.

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1. Stillwell at Wellen Park Residential Community – $80m

The project involves the construction of a cottage-style residential community with 274 units in 11.3ha of area in North Port, Florida, the US.

Construction work started in Q1 2022 and is expected to be completed in Q4 2023.

The main aim of the project is to meet the growing demand for residential facilities in the region.

2. McCarley Gardens Apartments Renovation – $57m

The project involves the renovation of McCarley Gardens Apartments in Buffalo City, New York, the US.

Construction work commenced in Q1 2022 and is expected to finish in Q4 2023.

The project aims to improve energy efficiency and enhance overall quality of life.

3. Eagles Rest Estates – $50m

The project involves the construction of a residential community at 1824 Bass Lake Side Road West in Barrie, Ontario, Canada.

Construction work started in Q1 2022 and is forecast to complete in Q4 2023.

The project aims to provide a wide range of residential facilities in the region.

4. Presto Towns Residential Community – $50m

The project involves the construction of a residential community in Toronto, Ontario, Canada.

Construction work commenced in Q1 2022 and is expected to be completed in Q4 2023.

The project aims to provide a wide range of residential facilities in the region.

5. SolTerra Residential Community – $47m

The project involves the construction of a single-family residential community on 7.3ha of land in La Quinta, California, the US.

Construction work started in Q1 2022 and is expected to be completed in Q2 2023.

The project aims to provide affordable single-family residential 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.

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