After stalled projects and uncertainties due to COVID plagued the construction industry in 2020, commercial and multifamily construction starts bounced back in 2021, according to Dodge Construction Network.
Commercial and multifamily construction starts increased 16% nationwide in 2021. But starts remain below 2019 levels, indicating that the sector has not fully recovered from the impact of the pandemic.
In the top 20 metro areas, commercial and multifamily starts were 5% below the level recorded in 2019, and national commercial and multifamily starts were just 2% below the 2019 level. Larger metro regions have lagged other areas as demand for construction shifted away from denser urban zones.
In the top 10 metro areas, commercial and multifamily starts were 9% below their 2019 levels, while starts in the metro areas ranked 11-20 were up 5% from 2019. This shows that in 2021, smaller, less dense metropolitan areas became increasingly popular.
Related Stories
Codes and Standards | Oct 14, 2020
Standard contract document for prefab and modular building released
ConsensusDocs addresses the most common prefabricated construction use-case scenario.
Codes and Standards | Oct 13, 2020
Austin is first major Texas city to adopt wildfire code
New ordinance based on the International Wildland-Urban Interface Code.
Codes and Standards | Oct 12, 2020
Guidance offered for K-12 schools to support students with asthma
Green purchasing policies for cleaning, filters, furniture and other products encouraged.
Codes and Standards | Oct 7, 2020
More energy efficiency programs are encouraging zero-energy projects
At least 20 programs for new construction, major renovations emerge.
Codes and Standards | Oct 6, 2020
LEED, GBCI rating systems spur resilience-enhancing strategies
Expanded programs, resources address impact of climate change.
Codes and Standards | Oct 6, 2020
International Code Council to hold inaugural online education event
Week-long ICC Learn Live will include panel conversations, keynotes, and breakout sessions around key topics in building safety.
Codes and Standards | Oct 5, 2020
Guides addressing fenestration anchorage updated
First update to decade-old technical documents released.
Codes and Standards | Oct 1, 2020
Deadline extension for LEED 2009 project certifications
Delivery timeline delays due to COVID-19 pandemic prompt action.
Codes and Standards | Sep 29, 2020
New drinking water standard criteria further restricts lead leaching in plumbing products
Tightened standard applies to endpoint devices that dispense drinking water, and other plumbing components
Codes and Standards | Sep 29, 2020
Groups sue CDC over eviction moratorium
Natl. Apartment Assn. and New Civil Liberties Alliance want hearing by October.