Properties Magazine March 2017 : Page 11

categories as a group and a 768% hike for the transportation terminal category. If the Central Terminal Building project is excluded, nonresidential building in January would have receded 2%, the institutional categories as a group would be down 1%, but the transportation ter-minal category would still have registered a 138% increase given the support coming from other large airport terminal projects. These included a $477 million project at San Francisco International Airport, a $420 million international arrivals facility at Seattle-Tacoma International Airport, and a $70 million expansion for Terminal 3 at Chicago’s O’Hare International Airport. Also advancing in January were healthcare facilities, rising 6%. The public buildings category in January rose 1%. On the negative side for the insti-tutional sector, January declines were reported for educational facilities, down 18%; amusement-related work, down 36%; and religious buildings, down 44%. The commercial side of the non-residential building market grew 12% in January. Office construction starts climbed 26%, and featured the start of two large data centers – a $600 million data center in McClellan, California and a $395 million data center in Sterling, Virginia. Other large office projects reported as January starts were the $329 million office portion of a $355 million mixed-use building in Brooklyn, New York; a $105 million office building in Austin, Texas; and a $100 million office building renova-tion in Washington, D.C. Warehouse construction in January increased 21%, helped by groundbreaking for an $87 million distribution center for the U.S. Postal Service in Portland, Oregon. Hotel construction in January rose 5%, and included the start of a $160 mil-lion convention center hotel in Daytona Beach, Florida. Declines in January were reported for store construction, down 1%; and commercial garages, down 7%. 1(2KLR·V(OHFWULFDO6HUYLFH 0DLQWHQDQFH6ROXWLRQV6SHFLDOLVWV &/(9(/$1' &#0b;&#0c;&#1c;




96\VWHPV 758(52,/LJKWLQJ$QDO\VLV >ŝĐĞŶƐĞEŽ͘&#1c;>ͲϮϰϭϲϭ ZZZ$&(OHFWULF2+,2FRP THANKS TO DONLEY’S & OATEY! 3URXGWRKDYHEHHQWKHVROHLGHQWL¿FDWLRQVLJQ supplier for Oatey Customer Support Center Residential building Residential building in January increased 1% to $307.6 billion (annual rate), basically maintaining the improved level achieved in December with an 8% gain. Single-family hous-ing in January grew 1%, due to this pattern by major region – the Midwest, up 13%; the Northeast, up 7%; the South Atlantic and South Central, 11

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