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July 29, 2022

Top five leisure and hospitality building construction projects that commenced in the US in Q2 2022

By Carmen

Here are the top five leisure and hospitality building construction projects that commenced in the US in Q2 2022, according to GlobalData’s construction projects database.

1. Gun Lake Casino Expansion III – $300m

The project involves the expansion of a 23,226m2 casino in Wayland, Michigan.

Construction work started in Q2 2022 and is expected to be completed in Q1 2025.

The project aims to serve guests and tourists with enhanced dining, entertainment, and gaming amenities and make Gun Lake Casino a premier entertainment destination.

2. Central Station Mixed-Use Development – $300m

The project involves the construction of 92,903m2 of 30-story and 22-story mixed-use towers on 1ha of land in Phoenix, Arizona.

Construction work commenced in Q2 2022 and is expected to finish in Q4 2024.

The project aims to replace the Central Station transit depot with a mixed-use complex to meet the demand for residential, commercial, and hospitality facilities in the region.

3. JPMorgan Chase Global Headquarters – $250m

The project involves the construction of a mixed-use tower in Manhattan, New York.

Construction work started in Q2 2022 and is forecast to complete in Q3 2025.

The aim of the project is to accommodate 14000 employees with facilities to work, shop, stay, play and dine.

4. Royal Farms Arena Redevelopment – $150m

The project involves the redevelopment of an arena in Baltimore, Maryland.

Construction work commenced in Q2 2022 and is expected to be completed in Q4 2023.

The project aims to provide better entertainment facilities to the region.

5. Parc View at Commonwealth Student Housing Community – $110m

The project involves the construction of a 16-story, 25,548m2, 509-bed student housing complex in Richmond, Virginia.

Construction work started in Q2 2022 and is expected to be completed in Q3 2024.

The project aims to provide better housing facilities to the students in the region.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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