Looking Up at High-rise Construction

 

High-rise building construction greater than 10 stories is one of the most cyclical segments of the U.S. construction market. During a recession the volume of these high-rise buildings can fall to virtually nothing, and in strong markets it can rebound significantly.

 

Looking more closely at the purely nonresidential building types, the pattern is repeated, but it’s important to note that even in the strongest periods, nationally there are under 200 projects over 10 stories high started in any year.

 

Additionally, the very super high-rise building category is dominated by just three building categories.

 

Unsurprisingly, high-rise building construction is concentrated in major cities, led by an incredible margin by the New York metro area.  From 2013 to 2017 there were only 10 metro areas that had 50 buildings or more over 10 stories break ground.

 

Interested in the trends in your industry segment? Dodge is the only provider of U.S. Construction information to the U.S. Chamber of Commerce. Learn more about Dodge’s data here.

 

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About Dodge Data & Analytics

: Dodge Data & Analytics is North America’s leading provider of analytics and software-based workflow integration solutions for the construction industry. Building product manufacturers, architects, engineers, contractors, and service providers leverage Dodge to identify and pursue unseen growth opportunities and execute on those opportunities for enhanced business performance. Whether it’s on a local, regional or national level, Dodge makes the hidden obvious, empowering its clients to better understand their markets, uncover key relationships, size growth opportunities, and pursue those opportunities with success. The company’s construction project information is the most comprehensive and verified in the industry. Dodge is leveraging its 100-year-old legacy of continuous innovation to help the industry meet the building challenges of the future. To learn more, visit www.construction.com.

 

Media Contact

: Nicole Sullivan | AFFECT Public Relations & Social Media | +1-212-398-9680, nsullivan@affectstrategies.com