Since the year 2023 is coming to an end we have compiled some of the most recent project victories from leading national contractors. Project awards are very important for the growth and revenue potential of construction companies. However, the upgradation and new construction may bring more urban shifts to the cities with more job opportunities and facilities for the public. Below are the top projects secured by some of the nation’s largest contractors such as airports, hotels, offices, and energy projects.
Gilbane Building Co.
Florida Condo Rental Project
Gilbane Building Co. has secured preconstruction and construction management services for the Olara Residences, an opulent condo rental project in West Palm Beach, Florida. This skyscraper will consist of 485 apartments and span 2 million square feet, featuring a marina. While the project cost has not been disclosed, the tower is set to have 210 rented flats and 275 condominiums, with units starting at $2 million. Additional amenities include a terraced fitness and spa facility, a private marina, concierge services, a clubroom, leisure and lap pools, and more.
Lendlease Military Housing Project
Expanding US Military Housing
Lendlease, an Australian-based global real estate manager and developer, is going to take on the construction of the U.S. Army’s first new privatized housing project in thirteen years. The project is part of Lendlease’s strategic transition to less risky investment and management approaches, triggered by the financial impact of the COVID-19 pandemic. This initiative includes the Cadence Communities portfolio, featuring 60 apartment units, 475 newly constructed residences, and 345 newly privatized family units across seven Army locations. The $110 million project in Doral, Florida, will provide reasonable housing options for SOUTHCOM employees, with construction set to start in late 2023.
Westville Correctional Facility in Indiana
Historically Expensive State Project
Indiana has initiated construction on the $1.2 billion Westville Correctional Facility, marking the most expensive state-building project in the state’s history. The project, managed by the Build Westville joint venture, includes Granger Construction, F.A. Wilhelm Construction, and Garmong Construction Services. The prison will accommodate a wide range of facilities, including program services, security, medical, food services, recreational areas, and administrative offices. Key components of the project include 16,000 square feet of classroom space, vocational training rooms, 400 beds for addiction treatment and mental health services, two indoor arenas, and an integrated power plant.
Westchester Medical Center’s Valhalla
Five-Story Healthcare Facility, New York
An incredible construction project won by Turner Construction to build a healthcare facility in Westchester, New York. The project has a total budget of $186 million to construct a five-story hospital building having 96 additional hospital beds to accommodate more patients at times. An open windowed ICU room is also in the project planning to build to get the natural light directly. According to the confirmed sources, the construction is likely to begin at the end of the year and is expected to be completed by the end of 2023. Along with all the structural benefits of this long tower building, the project will open the way for 250 construction jobs and 127 full-time in-house jobs.
Utah Highway Widening
Reconstruction of highway near Salt Lake City
A California-based construction firm named Granite Construction managed to win the project of $45 million to widen and upgrade the highway in Utah. the highway situated on State Route 108, Davis County, Utah. The project aims to widen the road from a three-lane to a five-lane broad road which will be more acceptable for the traffic to flow smoothly. the project components involve the construction of 10,000 linear feet of storm drainage system, 7,000 linear feet of irrigation infrastructure, 2,000 linear feet of water main infrastructure, and 2000 linear feet of sewer main installations on the road. Granite Construction started the project in October 2023 and is most likely to complete it in November 2025.
Takeaway
As the year 2023 is about to end, it is high time to enlighten some of the major construction projects that have been awarded to the leading construction firms. A list of a few major projects is mentioned above where contractors managed to hold the place to win the bid and are enthusiastic to complete them in the suggested time frame. these new construction projects will upgrade the infrastructure and bring more job opportunities for the construction and other job seekers.