The 9 largest commercial construction starts of September 2025

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An uptick in groundbreakings final month helped preserve building momentum robust, however not essentially constant.

Total construction starts increased 3.1% in September to a seasonally adjusted annual price of $1.26 trillion, in line with Dodge Building Community. The rise builds on August’s 1.7% growth.

However broader acceleration in building begins retains stalling, mentioned Eric Gaus, chief economist at Dodge Building Community.

“A 3% development price is simply maintaining with inflation,” mentioned Gaus within the launch. “We want fourth quarter development of 25% to match annual development of 2024.”

Nonresidential constructing begins, which embody industrial and institutional tasks, elevated 11.9% in September. Parking and repair station tasks jumped 30.1%, together with a 32.6% improve in workplace building. Manufacturing exercise swung drastically, up 45.2% in September following the earlier month’s 24.4% drop, in line with the report.

General nonresidential building posted a 5% improve year-to-date via September. Over the primary 9 months of the yr, industrial groundbreakings grew 10.9%, although institutional begins, which embody schooling and healthcare, fell 0.8%, in line with Dodge.

For the 12 months ending September 2025, whole nonresidential begins improved 6.8%. Industrial and institutional classes additionally posted 22.5% and 5% development throughout that span. However manufacturing slumped 23.6% in the identical time span.

Listed here are the 9 largest U.S. tasks to interrupt floor in September, in line with Dodge:

• The $3 billion AirTrain Newark Alternative in Newark, New Jersey
• The $2.7 billion Hugh Brinson Pipeline in Midland, Texas.
• The $2.5 billion Hut 8 information middle in St. Francisville, Louisiana.
• The $1.7 billion NYS Life Sciences Public Well being laboratory in Albany, New York.
• The $1.2 billion Llano information middle part 1 in Claude, Texas.
• The $1.1 billion Walnut Creek WWTP renovation and enlargement in Austin, Texas. 
• The $584 million Harborside 8 mixed-use residential, industrial and parking challenge in Jersey Metropolis, New Jersey.
• The $575 million 5 Instances Sq. residential conversion in New York Metropolis.
• The $480 million Imperial Tower in Jersey Metropolis, New Jersey.

Nonbuilding begins, equivalent to freeway, bridges and different infrastructure, fell 6.2% in September. That was largely because of a 62.5% drop in utility construction. Different classes within the sector improved in September, together with a 7.4% improve in freeway and bridge tasks.

Over the previous 12 months ending September 2025, whole nonbuilding begins gained 16.7%, in line with the report.

Residential building elevated 3.6% in September. Each multifamily and single-family tasks posted development, 6.4% and 1.7%, respectively. For the 12 months ending September 2025, whole residential building begins fell 1.4%.