From skyscrapers to waterfront developments, here?s how our country is building Cities across the United States are in the middle of a multi-year boom in construction, fueled by local?and foreign?investment and a need for thousands of new apartments.
The surge comes a decade after the Great Recession halted construction and stalled projects nationwide.
According to a Stateline analysis of inflation-adjusted data from the U.S. Bureau of Economic Analysis, the construction industry?s impact on U.S. gross domestic product has grown by more than 21 percent since its recession low point in 2011, and in 2016, construction?s contribution to the U.S. economy soared above $650 billion for the first time since 2008.
These facts and figures all mean one thing: The skylines of cities are changing. Supertall skyscrapers measuring over 984 feet are currently under construction or have recently debuted in Chicago, Los Angeles, New York, and San Francisco, while other cities, like Boston, Austin, and Philadelphia, are prepping for new high-rises of their own. We reached out to 13 local Curbed editors from across the country to discover which projects are transforming their cities. Some?like the Salesforce Tower in San Francisco and the Zaha Hadid-designed One Thousand Museum in Miami?are under construction and trekking along toward completion. Other developments?like the just-announced plans for the Hudson?s site redevelopment in Detroit?are in the beginning stages.
All of the p...