Tag: Megaprojects

  • 10 mixed-use construction projects on the go in 2025

    10 mixed-use construction projects on the go in 2025

    2025 is bringing a lot of megaprojects to North America, from mixed-use bridges to condos, piers, and more. Projected costs are well into the billions for many, and the amenities, design, and sustainability features are often state-of-the-art. Expect to see projects like the Highland Bridge, Veridea, Willets Point, Esplanade, and others reach near completion before the year is up.

    10 data projects on the go in 2025

    1. Park Eight Place

    • Location: Houston, TX
    • Cost/budget: $1 billion (projected)
    • Contractors: Johnson Development
    • Groundbreak: Late 2024

    Johnson Development kicked off the construction of Park Eight Place in the heart of Houston’s Westchase District in late 2024. The new 70-acre site is projected to cost $1 billion and is designed to promote healthier lifestyles to residents. The multi-use space will feature sustainable and eco-friendly design and technology and will be seamlessly integrated with the 200-acre Arthur Storey Park. A beautiful trail system will connect residents to the metro area through the blend of green space, hospitality, retail, and dining. 

    2. Peoria Place

    • Location: Peoria, AZ
    • Cost/budget: $500 million
    • Contractors: Greystar
    • Groundbreak: May 2023

    Charleston, South Carolina-based construction company Greystar is midway into multiple sections of the $500 million Peoria Place developmet. This site will include 255 build-to-rent- homes, 700 rental apartments, a light industrial park, and 20 acres of open green space. 

    The industrial center broke ground first, followed by the residential development, Marlowe Peoria Place, in January 2024. Once finalized, Marlowe will include 370 apartments and 4,600 square feet of retail space. 

    3. Willets Point

    • Location: Queens, NY
    • Cost/budget: $3 billion
    • Contractors: Related Cos.
    • Groundbreak: June 2021

    Queens is going to see a revitalization of a 62-acre section near the Flushing River, thanks to NYC-based Related Cos. Once an ash dumping ground, Willets Point is going from an auto shop and junkyard stop to $3 billion redevelopment of new affordable homes. The site will also feature over 20,000 square feet of retail, a 40,000 square foot multi-use public space, and a 650-student public school. By 2027, a new $780 million stadium for the New York City Football Club is also expected to open.

    4. The Boulevard

    • Location: Plymouth, MN
    • Cost/budget: $300 million 
    • Contractors: Roers Cos.
    • Groundbreak: 2024

    Minnesota will see many new mixed-use development projects completed in 2025. The Boulevard will bring hundreds of new housing units and commercial development to the former Prudential campus near Bass Lake Road. A medical office, business campus, retail, and many dining options will round out the project, which sits on acres of green space complete with a small lake. 

    5. South Pier

    • Location: Tempe, AZ
    • Cost/budget: $1.8 billion 
    • Contractors: Cantor Fitzgerald, Silverstein Properties
    • Groundbreak: 2023

    Tempe, Arizona’s South Pier is set to be a $1.8 billion master-planned community on Tempe Town Lake Waterfront. The project, by Cantor Fitzgerald, has reached topping out of phase one, a three-building site called Shorehaven, featuring mixing retail, residential, and leisure space. 

    The NYC-based developers also plan to build a multi-acre complex of condos, apartments, hotels, and office towers, complete with an entertainment pier, on the Opportunity Zone site. 

    Shorehaven will have 20,000 square feet of indoor amenities, 30,000 square feet of outdoor amenities, and 26,000 square feet of retail. The 772 condos consist of a mix of studios to three bedrooms.

    6. Highland Bridge 

    • Location: St. Paul, MN
    • Cost/budget: $1billion +
    • Contractors: Ryan Cos.
    • Groundbreak: 2024

    St. Paul’s Highland Bridge project is a redevelopment of the 122-acre former Ford Motor plant. This mixed-use development includes 150,000 square feet of retail, 3,800 housing units, 55 acres of park space, and 265,000 square feet of offices. 

    The park space includes open green areas, waterways, and parks with over 10 miles of biking paths. The project provides jobs to thousands, with over 1,000 remaining post-construction jobs. The Highland Bridge is the most extensive urban solar array in the twin cities, with 100% of the site energy from renewable sources. 

    7. Veridea

    • Location: Apex, NC
    • Cost/budget: $3 billion
    • Contractors: RXR
    • Groundbreak: December 2024

    From the New York City-based real estate firm RXR comes Veridea, Apex North Carolina’s new $3 billion mixed-use project. Located just southwest of Raleigh, this development features 1,100 acres of multi-family units, retail and commercial space, dining options, and over 200,000 square feet of industrial space for a new Wake Tech Community College campus. 

    Veridea will feature nearly 8,000 residential units, 3.5 million square feet of retail, and even a new public elementary school after completion. 

    8. Habitat

    • Location: Los Angeles, CA
    • Cost/budget: $316 million
    • Contractors: Lendlease
    • Groundbreak: 2023

    Los Angeles’ Habitat is a 3.5-acre project in the Culver City submarket. The mixed-use property has a six-story office and 12-story apartment building and a $316 million price tag. Sydney-based Lendlease is spearheading the project with the Australian superannuation fund Aware Super. The project is set to be a net-zero-carbon property, with integrated solar and 64 dedicated electric vehicle parking spaces. 

    Upon completion, the site will have 260 multifamily units and 2,900 square feet of retail and dining space. Apartments range from studios to two-bedroom units. 

    9. The Heights

    • Location: Saint Paul, MN
    • Cost/budget: $430 million
    • Contractors: Saint Paul Port Authority
    • Groundbreak: July 2023

    The Heights, a major mixed-use redevelopment project in St. Paul, Minnesota, aims to deliver 1,000 homes, 1,000 jobs, and 20 acres of park trails and open space. The project is located on the former Hillcrest Golf Course and is set to help St. Paul reach net zero greenhouse gases by 2050, thanks to their geothermal energy solutions. 

    Construction on 30 single-family homes began in 2024 as part of the Carter Build and is expected to be completed in 2025.

    10. Esplanade

    • Location: Pittsburgh, PA
    • Cost/budget: $740 million
    • Contractors: Piatt Cos.
    • Groundbreak: 2025

    2025 also marks the start of the first phase of Pittsburgh’s Esplanade, a $740 million redevelopment project on nearly 15 acres of post-industrial land on the city’s North end. The project will feature retail, entertainment, and housing. 

    Piatt Cos. spearheads the new project, which includes 1.7 million square feet of total developed space. The completion will bring 300 apartments, a 125-room hotel, 105 condos, and restaurant and retail area, complete with a 164-ft Ferris wheel.

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  • 14 of the largest airport projects underway in the US

    14 of the largest airport projects underway in the US

    As travel continues to surge, several airport projects and renovations are underway across the US to meet the growing demand. From expanding the terminal area to building additional gates, airports like San Francisco International Airport, Denver International Airport, and Dallas Fort Worth International Airport are all undergoing construction to meet the passenger demand. In this article, we cover all the major airport projects in the United States, what’s included in the construction work, the estimated cost, and when they are set to be completed.  

    14 airport improvement projects currently under construction in the US

    The US is home to some of the largest airport construction projects in the world, with multi-billion-dollar investments taking place to transform airports from coast to coast. These projects are crucial for keeping up with growing air traffic and ensuring airport safety and sustainability standards. Here’s a closer look at some major airports undergoing significant transformations.

    1. Hollywood Burbank Airport

    Hollywood Burbank Airport

    Hollywood Burbank Airport, often praised for its convenience and accessibility, is undergoing a massive transformation. Known as the Elevate BUR project, the initiative is set to replace the airport’s nearly century-old terminal with a state-of-the-art 355,000-square-foot facility. The new terminal will have 14 gates and new passenger amenities, including upgraded restrooms, more shopping and dining options, and an expanded ticketing lobby.

    In addition to improving the passenger experience, the new terminal will address airport safety concerns by creating more distance between new runways and the terminal in compliance with FAA regulations. The design will also meet California’s strict earthquake standards and incorporate ADA-accessible features. The new terminal is expected to be completed by 2026.

    2. Austin-Bergstrom International Airport

    Austin-Bergstrom International Airport

    Austin-Bergstrom International Airport is undergoing a significant expansion to meet the growing demands of one of the country’s fastest-growing cities. The Journey With AUS expansion program will introduce a new concourse, Concourse B, adding 20 gates to the airport. This project includes the construction of a subgrade tunnel connecting the new concourse to the existing Barbara Jordan Terminal. The tunnel will house a baggage handling system and accommodate future plans for an automated people mover (a passenger train) to streamline travel within the airport.

    The project also includes major upgrades to the airport’s taxiways, including constructing two new parallel paths for aircraft and infrastructure improvements like bridges under the taxiways. Additionally, there will be expanded international arrivals facilities, new parking spaces, and an updated arrivals and departures hall with larger security checkpoints and ticketing areas.

    3. Cleveland Hopkins International Airport

    Cleveland Hopkins International Airport
    • Location: Cleveland, Ohio
    • Cost: $3 billion
    • Contractor: The joint venture includes AECOM for master planning, Paslay Group for executive program management, Corgan for architectural design, and Connico for cost estimating.

    Cleveland Hopkins International Airport has launched a significant modernization project to transform its aging infrastructure. This $3 billion Terminal Modernization Development Program (TMDP) focuses on updating the 1950s-era terminal and concourses, improving the passenger experience with expanded ticketing areas, more extensive security checkpoints, and enhanced gate areas. The project will also include roadway improvements, increased public parking, and a consolidated rental car facility.

    The initial phase was approved in 2024, with $175 million allocated for planning and design. The first phase of construction is set to begin in 2025. This project coincides with the airport’s 100th anniversary and is expected to drive long-term economic growth for Northeast Ohio.

    4. Los Angeles International Airport

    Los Angeles International Airport project
    • Location: Los Angeles, California
    • Cost: $30 billion (Capital Improvement Program)
    • Contractor: Managed by Los Angeles World Airports (LAWA) with multiple construction partners​

    Los Angeles International Airport (LAX) is undergoing a massive $30 billion upgrade to prepare for the 2028 Olympics and beyond. The infrastructure investment focuses on modernizing the airport facilities and reducing congestion to improve the passenger experience. Key projects include the Automated People Mover (APM), a 2.25-mile electric train system linking terminals and external stops like parking lots and rental cars. Additional upgrades include biometric boarding systems, common-use lounges, and extensive main terminal renovations for Terminals 3, 4, and 6. Construction began last year for this airport improvement project and is still underway.

    5. Portland International Airport

    Portland International Airport

    Portland International Airport (PDX) is undergoing a significant redevelopment under its PDX Next project, which focuses on sustainability and passenger experience. The centerpiece of this project is a new 9-acre mass timber roof constructed from 3.5 million board feet of locally sourced Douglas fir, making it the largest of its kind in the world. This architectural feat brings the essence of the Pacific Northwest into the terminal with abundant natural light and greenery.

    The renovation also includes a 150-foot westward expansion of the terminal, adding approximately 500,000 square feet of new space and upgrading another 500,000 square feet. The design incorporates 49 skylights, over 5,000 plants, and 72 living trees, creating a forest-like ambiance inside the airport. Additionally, the terminal now features 20 new retail and dining spaces operated by local businesses, reflecting Portland’s vibrant culture.

    Phase 1 of the project was completed in August 2024, with Phase 2 underway, focusing on adding more retail and dining amenities, as well as new exit lanes on the terminal’s north and south sides. The entire redevelopment is scheduled for completion in early 2026.

    6. George Bush International Airport

    George Bush International Airport

    George Bush Intercontinental Airport (IAH) is undergoing a major redevelopment under the IAH Terminal Redevelopment Program (ITRP), a multi-phase project to enhance the airport’s international passenger experience. A key part of this expansion is the newly unveiled Terminal D-West Pier, which adds six gates and a variety of modern amenities. This $1.45 billion project focuses on expanding international capacity while improving the airport’s infrastructure to meet growing demand.

    7. Pittsburgh International Airport

    Pittsburgh International Airport

    Pittsburgh International Airport is undergoing a significant modernization under its $1.57 billion Terminal Modernization Program (TMP). This program includes the construction of a new 811,000-square-foot terminal designed to streamline the passenger experience. Key upgrades include reducing the time from curb to gate, expanding the security checkpoint to include more lanes, and introducing a faster baggage delivery system.

    The new terminal will also have outdoor terraces, improved parking, and a unique architectural design incorporating local elements, like tree columns and a rolling roof inspired by Western Pennsylvania’s landscape. The ambitious project is on track for completion in late 2025.

    8. Salt Lake City International Airport

    Salt Lake City International Airport

    Salt Lake City International Airport is undergoing a massive $4.1 billion redevelopment as part of its New SLC program. The project includes the construction of a new terminal, two concourses, and various modernized facilities to handle increasing passenger traffic.

    A significant feature is the Central Tunnel, connecting Concourse A and B, adorned with a striking blue water-themed art installation dubbed the River Tunnel. This phase, completed in October 2024, also introduced new gates, retail shops, and dining options like Maggiano’s and Freddy’s.​

    9. Norfolk International Airport

    Norfolk International Airport

    Norfolk International Airport has embarked on a comprehensive modernization project to enhance international travel and expand terminal capacity. This $1 billion project includes the construction of a new US Customs facility, part of a broader effort to improve international arrivals. The expansion will add new gates, modernize the concourses, and enhance passenger flow. The first construction phase began in June 2024, with significant upgrades set to be completed by 2025.

    10. Southwest Florida International Airport

    Southwest Florida International Airport

    Southwest Florida International Airport (RSW) is in the middle of a $1 billion expansion, with Phase 2 of the Terminal Expansion Project starting in October 2024. This phase will add Concourse E with 14 new gates and prepare infrastructure for future expansions, which could eventually bring the gate total to 33.

    The project also includes the construction of a new ticketing lobby, baggage claim area, expanded security checkpoints, and improved road access to the terminal​. The expansion is crucial for handling the anticipated passenger growth, with projections that nearly 17.5 million passengers could pass through RSW by 2041.

    11. San Francisco International Airport

    San Francisco International Airport project

    San Francisco International Airport (SFO) is undergoing a transformative $2.6 billion Terminal 3 West Modernization project aimed at enhancing passenger experience, safety, and sustainability. The project involves renovating the existing 650,000-square-foot western half of Terminal 3 and adding 200,000 square feet of new space. Key features include a seismic retrofit, expanded security checkpoints, modernized check-in areas, and upgraded amenities.

    The modernization also focuses on sustainability, targeting LEED Platinum certification by incorporating eco-friendly materials and energy-efficient systems. The expanded terminal will offer new food, beverage, and retail concessions, as well as improved airline lounges. Construction is being carried out in phases to minimize disruption, with the western half of the terminal and dining areas expected to open by fall 2027 and the check-in lobby debuting in 2029.

    12. Denver International Airport

    Denver International Airport rendering

    Denver International Airport (DEN), one of the busiest airports in the world, is in the midst of a $4.4 billion transformation to boost capacity and improve passenger experience. The upgrades include two major efforts: the ongoing Great Hall Renovation and a 39-gate expansion across Concourses A, B, and C.

    The Great Hall Project, located inside the Jeppesen Terminal, will redesign the main security checkpoints, create separate zones for domestic and international travelers, and introduce expanded retail and dining areas. A new 17-lane west security checkpoint featuring 3D imaging technology opened in early 2024, reducing wait times and improving screening efficiency. The updated terminal will also include Colorado-inspired design elements and a new Center of Equity and Excellence in Aviation (CEEA), which will provide aviation career training and education. The Great Hall Renovation is expected to wrap up by 2027.

    Meanwhile, the Gate Expansion Program is adding 39 gates to handle growing air traffic demand. The new gates feature modern restrooms, outdoor decks, and improved seating and lighting to create a more comfortable travel experience. With these additions, DEN aims to increase its annual passenger capacity to 100 million.

    13. Dallas Fort Worth International Airport

    Dallas Fort Worth International Airport
    • Location: Dallas-Fort Worth, Texas
    • Cost: $9 billion
    • Contractor: Austin Commercial and Archer Western-Turner JV
    • Architects: HOK, HarrisonKornberg Architects, Muller & Muller, luis vidal + architects

    Dallas Fort Worth International Airport (DFW) is undergoing a $9 billion expansion and modernization effort to accommodate future growth and improve the travel experience. The plan includes a complete renovation of Terminal C, the construction of a new Terminal F, and major infrastructure upgrades across the airport.

    Terminal C, originally opened in the 1970s, is receiving a $3 billion update to rebuild aging facilities and add a 115,000-square-foot extension with nine new gates. This includes new concessions, upgraded seating areas, improved restrooms, and a refreshed architectural design aimed at creating a more modern and efficient terminal.

    Meanwhile, Terminal F will be a brand-new 31-gate facility operated exclusively by American Airlines. The terminal is designed to support increased international travel and will feature high-end lounges, premium check-in experiences, and a dedicated parking garage. Construction is expected to begin in 2024, with the first phase of Terminal F opening by 2027 and full completion by 2030.

    14. San Antonio International Airport

    San Antonio International Airport

    San Antonio International Airport (SAT) is undergoing a significant transformation with the construction of a new Terminal C, a central component of the $2.5 billion Elevate SAT capital improvement plan. Groundbreaking for the $1.4 billion terminal occurred in December 2024, marking the largest capital project in the city’s history.

    Terminal C will encompass approximately 832,000 square feet and feature up to 17 gates, including six capable of accommodating wide-body aircraft. The design emphasizes natural light and open spaces and incorporates local architectural elements to reflect San Antonio’s unique character. Amenities will include expanded concessions, club lounges, and a modern federal inspection station to enhance international travel capabilities.

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