Metro areas with the most new construction

Forbes
Cities with the most new construction hero
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Cities with the most new construction hero

McGraw Hill Construction sorted through building data for the nation’s Metropolitan Statistical Areas (MSAs) to find the 20 places where the most money has been spent so far this year on new construction (from January through May 2013). Forbes looked at the dollar amount of new construction starts, or projects where ground has been broken and work begun, for structures that fall under the “Total Building” umbrella. Total Building includes single-family home construction, multifamily home construction, office space, retail space, warehouses, healthcare facilities, educational buildings, manufacturing plants and research facilities. Forbes did not include money spent on public works projects such as bridges, streets and parks, nor did Forbes include electric utility construction.

Yahoo! Homes is publishing the top 10 metro areas. To see the rest of the top 20, visit Forbes.com:



10. Chicago, Ill., metro area
M.S.A.: Chicago-Naperville-Joliet, IL-IN-WI
2013 Construction Starts, January to May: $2.4 billion
Change, year-over-year: -5%
2012 Construction Starts: $7.1 billion
Change from 2011: 14%
Largest 2013 Project Started, to date: The Loews Chicago hotel-condominium tower.


9. Boston, Mass., metro area
M.S.A.: Boston-Cambridge-Quincy, MA-NH
2013 Construction Starts, January to May: $2.6 billion 
Change, year-over-year: 28%
2012 Construction Starts: $6.7 billion
Change from 2011: 13%
Largest 2013 Project Started, to date: UMass Boston General Academic Building Number 1 (Dorchester, MA)


8. Phoenix, Ariz., metro area
M.S.A.: Phoenix-Mesa-Scottsdale, AZ
2013 Construction Starts, January to May: $2.6 billion
Change year-over-year: 8%
2012 Construction Starts: $6 billion
Annual Change from 2011: 10%
Largest 2013 Project Started, to date: Liv North Gateway Apartments (Gilbert, AZ)


7. Miami, Fla., metro area
M.S.A.: Miami-Fort Lauderdale-Miami Beach, FL
2013 Construction Starts: $2.8 billion
Change year-over-year: 36%
2012 Construction Starts: $6 billion
Annual Change from 2011: 77%
Largest 2013 Project Started, to date: Dezer Properties' Porsche Design Residences (Sunny Isles Beach, FL)


6. Los Angeles, Calif., metro area
M.S.A.: Los Angeles-Long Beach-Santa Ana, CA
2013 Construction Starts, January to May: $3.2 billion
Change, year-over-year: -4%
2012 Construction Starts: $7.9 billion
Change from 2011: 23%
Largest 2013 Project Started, to date: Renovation of Delta Terminal 5 (Los Angeles, CA)


5. Atlanta, Ga., metro area
M.S.A.: Atlanta-Sandy Springs-Marietta, GA
2013 Construction Starts, January to May: $3.6 billion
Change, year-over-year: 80%
2012 Construction Starts: $4.9 billion
Change from 2011: -3%
Largest 2013 Project Started, to date: Baxter Blood Plasma Fractionation Plant at Stanton Springs (Covington, GA)


4. Washington, D.C., metro area
M.S.A.: Washington-Arlington-Alexandria, DC-VA-MD-WV
2013 Construction Starts, January to May: $4.6 billion
Change, year-over-year: 23%
2012 Construction Starts: $9.6 billion
Change from 2011: 15%
Largest 2013 Project Started, to date: Alterations to the International Monetary Fund Headquarters.


3. Houston, Texas, metro area
M.S.A.: Houston-Baytown-Sugar Land, TX
2013 Construction Starts: $4.8 billion
Change year-over-year: 8%
2012 Construction Starts: $11.1 billion
Change from 2011: 23%
Largest 2013 Project Started, to date: MD Anderson Pavilion (Houston, TX)


2. Dallas, Texas, metro area
M.S.A.: Dallas-Fort Worth-Arlington, TX
2013 Construction Starts, January to May: $5.2 billion
Change, year-over-year: 21%
2012 Construction Starts: $11.1 billion
Change from 2011: 22%
Largest 2013 Project Started, to date: Addition at T5@ Dallas Data Center (Plano, TX)


1. New York, N.Y., metro area
M.S.A.: New York-Northern New Jersey-Long Island, NY-NJ-PA
2013 Construction Starts, January to May: $8.5 billion
Change, year-over-year: 16%
2012 Construction Starts: $20.5 billion
Change from 2011: 11%
Largest 2013 Project Started, to date: Phase 1 of the Prudential Financial Office Tower (Newark, NJ)

Yahoo! Homes is publishing the top 10 metro areas. To see the rest of the top 20, visit Forbes.com:

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