Forbes: Houston is America's #1 construction hotspot

Houston has seen a 176% increase in new projects since 2013.

November 12, 2014 |

According to a recent report from Forbes, Houston is America's top city for new construction in 2014. With $25.1 billion in starts from January to September this year, Houston has seen a 176% increase in new projects since 2013. 

Eight of the 10 biggest new construction projects (in terms of cost to build) are energy and chemicals facilities, according to Forbes.

 

 

Take a look at the full list:

1. Houston, TX: $25.1 billion in 2014 starts

2. New York, NY: $23.3 billion

3. Dallas, TX: $10.8 billion

4. Washington D.C.: $9.5 billion

5. Los Angeles, CA: $7.7 billion

6. Chicago, IL: $7.5 billion

7. Atlanta, GA: $6.6 billion

8. Miami, FL: $6 billion

9. Boston, MA: $5.5 billion

10. Seattle, WA: $5.4 billion

11. Phoenix, AZ: $4.9 billion

12. Twin Cities, MN (Minneapolis/St. Paul): $4.4 billion

13. Austin, TX: $4.3 billion

14. San Francisco, CA: $4.3 billion

15. Philadelphia, PA: $4.2 billion

16. San Jose, CA: $4 billion

17. Denver, CO: $3.9 billion

18. Orlando, FL: $3.6 billion

19. San Antonio, TX: $3.5 billion

20. San Diego, CA: $3.2 billion

Read the Forbes article here.

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