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
| Jun 21, 2012
California adds window film to building code
California is the first state to add window film into its building code. Window film, a polymer material, offers cost-effective energy savings.
| Jun 21, 2012
New ISO standard to improve environmental management of concrete
A new ISO standard will help the construction industry better manage the environmental impacts of concrete.
| Jun 21, 2012
On net-zero projects, Building Teams will be held accountable for energy-efficiency performance
The building team will be held accountable for how net-zero energy buildings perform two, five, and maybe ten years after completion.
| Jun 14, 2012
USGBC co-founder launches rating system for building product manufacturers
U.S. Green Building Council co-founder David Gottfried’s new venture, Regenerative Ventures, has established a rating system for building product manufacturers.
| Jun 14, 2012
Green standard set for single-ply roofing membrane
A sustainability standard has been established for single-ply roofing membranes used on commercial buildings.
| Jun 14, 2012
Minnesota Vikings stadium plan gets legislative go-ahead
Legislation that approved the construction of a new billion dollar stadium for the Minnesota Vikings passed the Minnesota legislature.
| Jun 14, 2012
Report alleges New York’s prevailing construction wages are miscalculated, costing billions
A miscalculation in how prevailing wages are calculated in New York reportedly costs the state $3 billion a year in public-infrastructure projects.
| Jun 14, 2012
AGC, other business groups oppose hiring rules for disabled
Business groups have asked the U.S. Department of Labor to reconsider a proposed hiring quota aimed at federal contractors pertaining to people with disabilities.