Table 1: U.S. Construction starts, 2016-2017 2016*
2017*
Change
Nonresidential Building Residential Building Nonbuilding Construction Total Construction excluding electric utilities/gas plants * Unadjusted totals in millions of dollars Source: Dodge Data & Analytics Total Construction
$253,330 $270,701 $297,202 $302,018 $176,560 $173,190 $727,092 $745,909
7% 2%
-2%__
3%
$680,684 $715,715
5%
The K-12 portion of the educational facilities category rose 5 percent in 2017, a smaller gain than the 14 percent increase during the previous year. The top five states for K-12 school construction in 2017, with their percent change from the previous year, were the following:
Casino in the Boston area. There were still several large hotel projects that reached groundbreaking in 2017, such as the $575 million hotel portion of the $900 million Seminole Hard Rock Hotel expansion in Hollywood, Fla., and the $342 million hotel portion of the $500 million Resorts World Hotel and Casino in Las Vegas. Office construction receded 2 percent in 2017 after registering a 29 percent gain in 2016 that included the $2.0 billion 3 Hudson Boule- vard office building and the $1.5 billion One Vanderbilt Tower, both in New York. Large office projects that reached groundbreaking in 2017 included the $1.7 billion 50 Hudson Yards office building in NewYork, the $780 million office portion of the $1.3 billion Oceanwide Center complex in San Francisco, and the $750 million Facebook data center in Sandston, Va. The top five metropolitan areas in 2017 ranked by the dollar amount of new office construction starts, with their percent change from the previous year, were:
• Texas, down 4 percent; • New York, up 24 percent; • California, up 13 percent; • Washington, up 43 percent; and • Ohio, up 9 percent.
Health care facilities in 2017 improved 1 percent, and included 43 proj- ects valued each at $100 million or more, led by the $1.4 billion Penn Medicine Patient Pavilion in Philadelphia and a $550 million medical center in St. Louis. Additional gains in 2017 were reported for religious buildings, up 13 percent (after a very weak 2016), and public buildings, up 6 percent. The amusement-related category fell 6 percent in 2017 after a 28 percent jump in 2016 that included the start of the $3.0 billion foot- ball stadium for the Los Angeles Rams and Los Angeles Chargers in Inglewood, Calif. Several large amusement-related projects did reach groundbreaking in 2017, led by the $1.2 billion expansion of the Javits Convention Center in New York; the $1.1 billion retractable-roof base- ball stadium for the Texas Rangers in Arlington, Texas; and the $562 million arena portion for the Golden State Warriors that’s part of the $1.0 billion Chase Center complex in San Francisco. The commercial categories as a group slipped 3 percent in 2017, after surging 22 percent in 2016. Store construction and commercial garages registered the largest declines, with each falling 10 percent. Hotel construction dropped 5 percent, following a 28 percent jump in 2016 that included the $465 million hotel portion of the $1.7 billion Wynn
• New York, down 33 percent; • San Francisco, up 132 percent; • Washington, D.C., up 10 percent; • Dallas-Ft. Worth, down 21 percent; and • Atlanta, up 27 percent.
Warehouse construction was the one commercial project type to register a gain in dollar terms during 2017, increasing 10 percent, which reflected the start of numerous Amazon fulfillment centers. The manufacturing plant category advanced 21 percent in 2017, following declines of 30 percent in 2015 and 20 percent in 2016. Petrochemi- cal plant starts increased substantially in 2017 after a two-year slide, and included such projects as a $6.0 billion ethane cracker facility in Pennsylvania and a $1.8 billion methanol plant in Louisiana.
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