{"id":29039,"date":"2025-02-12T00:25:26","date_gmt":"2025-02-12T08:25:26","guid":{"rendered":"https:\/\/essential.construction\/news\/construction-planning-up-26-to-start-2025\/"},"modified":"2025-02-12T00:25:26","modified_gmt":"2025-02-12T08:25:26","slug":"construction-planning-up-26-to-start-2025","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/construction-planning-up-26-to-start-2025\/","title":{"rendered":"Construction planning up 26% to start 2025"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><span><span><span><span><span><span>Nonresidential construction planning carried its late-2024 momentum into the new year, posting <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.construction.com\/company-news\/dodge-momentum-index-grows-6-in-january\/\" target=\"_blank\"><span><span><span><span><span><span><span>growth across all sectors<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, according to Dodge Construction Network.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The Dodge Momentum Index, a benchmark that measures nonresidential construction planning, jumped 5.6% in January. Institutional planning, such as hospitals and education, led the month\u2019s growth with an 8.7% increase, while commercial planning gained 4.2%, according to the report.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>\u201cNonresidential planning activity saw diversified growth in January, with every vertical experiencing positive momentum,\u201d said Sarah Martin, associate director of forecasting at Dodge Construction Network. Despite that progress, risks still loom, she said. \u201cUncertainty over fiscal policies, ongoing labor shortages and elevated construction costs will continue to be headwinds to the construction sector.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Nevertheless, further monetary easing and the sizable number of projects in planning should still support <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/construction-spending-slips-costs-rise-tariffs\/739098\/\" target=\"_blank\"><span><span><span><span><span><span><span>construction spending<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> in the back half of the year, said Martin. On a year over year basis, the index jumped 26% from January 2024, according to Dodge.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Commercial planning surged 37% compared to January 2024, while institutional planning increased 9% during that period. <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/clayco-ceo-data-center-boom\/738021\/\" target=\"_blank\"><span><span><span><span><span><span><span>Data centers remain a key driver<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span> of that growth, though overall planning activity continues to broaden as well.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Excluding data centers, commercial planning would have jumped 13%, while the overall DMI would have climbed 11%.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span><span><span><span><span><span><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXez1mbULmnFg-ZIzOKsgz8xji-yvPckbCFFBIrEjv8yHk2ZoLPvjuKE1hkUiG-qnWC_yla9nmnvf_-wCjn7Y3Ccu-dgHqUh26MLR4PGnD1f3oP0DnyKJK8k8BlTDYSQM-ftHjdW0w?key=m9trnn8BTqerJ4NObztAaqv1\" alt=\"-\"><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>A total of 33 projects valued at $100 million or more entered planning in January. Major commercial projects included:<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<ul>\n<li><span><span><span><span><span><span>A $500 million Amazon data center in Jeffersonville, Ohio.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>Phase 1 of the Hunter\u2019s Ridge data center in McLean, Virginia.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<p><span><span><span><span><span><span>The largest institutional projects to enter planning included:<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<ul>\n<li><span><span><span><span><span><span>The $407 million Memorial Hospital expansion in Colorado Springs, Colorado.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>The $300 million AdventHealth Hospital expansion in Parker, Colorado.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/construction-planning-increases-start-2025\/739860\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Nonresidential construction planning carried its late-2024 momentum into the new year, posting growth across all sectors, according to Dodge &#8230; <a title=\"Construction planning up 26% to start 2025\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/construction-planning-up-26-to-start-2025\/\" aria-label=\"Read more about Construction planning up 26% to start 2025\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-29039","post","type-post","status-publish","format-standard","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/29039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=29039"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/29039\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=29039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=29039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=29039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}