flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Crane Index indicates slowing private-sector construction

Contractors

Crane Index indicates slowing private-sector construction

Number of tower cranes deployed in major cities down 10%


By Peter Fabris, Contributing Editor | October 19, 2023
Crane Index indicates slowing private-sector construction
The number of tower cranes in use declined 10% since the first quarter of 2023, according to Rider Levett Bucknall's latest RLB Crane Index.

Private-sector construction in major North American cities is slowing, according to the latest RLB Crane Index. The number of tower cranes in use declined 10% since the first quarter of 2023.

The index, compiled by consulting firm Rider Levett Bucknall (RLB), found that only two of 14 cities—Boston and Toronto—saw increased crane counts. Boston was an outlier on the upside with crane count leaping 122%, from nine to 20. Toronto’s count was up just 1%.

Chicago, Denver, Las Vegas, Los Angeles, San Francisco, and Washington, D.C., all saw decreases greater than 20%. Los Angeles experienced a sharp drop (38%), partly due to a dip in office projects coming online. Calgary, Honolulu, New York, Phoenix, Portland, and Seattle all held steady in crane counts.

The residential sector, including mixed-use projects, continues to show the most consistent growth, making up 72% of the overall count. RLB expects the number of cranes in use to hold steady for the rest of 2023.

Related Stories

Building Team Awards | May 25, 2016

New health center campus provides affordable care for thousands of Northern Californians

The 38,000-sf, two-level John & Susan Sobrato Campus in Palo Alto is expected to serve 25,000 patients a year by the end of the decade.

Building Team Awards | May 24, 2016

Los Angeles bus depot squeezes the most from a tight site

The Building Team for the MTA Division 13 Bus Operations and Maintenance Facility fit 12 acres’ worth of programming in a multi-level structure on a 4.8-acre site.

Building Team Awards | May 23, 2016

'Greenest ballpark' proves a winner for St. Paul Saints

Solar arrays, a public art courtyard, and a picnic-friendly “park within a park" make the 7,210-seat CHS Field the first ballpark to meet Minnesota sustainable building standards.

Building Team Awards | May 19, 2016

Chinatown library unites and serves two emerging Chicago neighborhoods

The 16,000-sf, pebble-shaped Chinatown Branch Library was built at the intersection of new and old Chinatown neighborhoods. The goal is for the building to unite the communities and serve as a catalyst for the developing area.

Building Team Awards | May 19, 2016

NYC subway station lights the way for 300,000 riders a day

Fulton Center, which handles 85% of the riders coming to Lower Manhattan, is like no other station in the city’s vast underground transit web—and that’s a good thing.

Market Data | May 17, 2016

Modest growth for AIA’s Architecture Billings Index in April

The American Institute of Architects reported the April ABI score was 50.6, down from the mark of 51.9 in the previous month. This score still reflects an increase in design services.

Retail Centers | May 10, 2016

5 factors guiding restaurant design

Restaurants are more than just places to eat. They are comprising town centers and playing into the future of brick-and-mortar retail.

AEC Tech | May 9, 2016

Is the nation’s grand tech boom really an innovation funk?

Despite popular belief, the country is not in a great age of technological and digital innovation, at least when compared to the last great innovation era (1870-1970).

Big Data | May 5, 2016

Demand for data integration technologies for buildings is expected to soar over the next decade

A Navigant Research report takes a deeper dive to examine where demand will be strongest by region and building type. 

Urban Planning | May 4, 2016

Brookings report details how different industries innovate

In the new report, “How Firms Learn: Industry Specific Strategies for Urban Economies,” Brookings' Scott Andes examines how manufacturing and software services firms develop new products, processes, and ideas.

boombox1
boombox2
native1

More In Category

Construction Costs

Data center construction costs for 2024

Gordian’s data features more than 100 building models, including computer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for future builds. This table shows a five-year view of costs per square foot for one-story computer data centers. 


Sustainability

Grimshaw launches free online tool to help accelerate decarbonization of buildings

Minoro, an online platform to help accelerate the decarbonization of buildings, was recently launched by architecture firm Grimshaw, in collaboration with more than 20 supporting organizations including World Business Council for Sustainable Development (WBCSD), RIBA, Architecture 2030, the World Green Building Council (WorldGBC) and several national Green Building Councils from across the globe.



Healthcare Facilities

Watch on-demand: Key Trends in the Healthcare Facilities Market for 2024-2025

Join the Building Design+Construction editorial team for this on-demand webinar on key trends, innovations, and opportunities in the $65 billion U.S. healthcare buildings market. A panel of healthcare design and construction experts present their latest projects, trends, innovations, opportunities, and data/research on key healthcare facilities sub-sectors. A 2024-2025 U.S. healthcare facilities market outlook is also presented.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021