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November 8, 2021updated 27 Jul 2022 5:42pm

Top five multi-family housing construction projects that commenced in the US in Q3 2021

Here are the top five multi-family housing construction projects that commenced in the US in Q3 2021, according to GlobalData’s construction projects database.

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

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

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 in the region.

2. Southbank Residential Development – $1,200m

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

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

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

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

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

The purpose of the project is to enhance the 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 a mixed-use community on 8.4ha of land in Madison, Wisconsin.

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.

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.

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by Oracle
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