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Dodge: High-rise construction ebbs, flows with economy

July 31, 2018

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Contractors that operate in large metros are able to participate in the construction of tower projects and gain expertise that can lead them to jobs in other markets. For example, New York City-based AECOM Tishman Construction won the contract for SL Green’s $3 billion One Vanderbilt Place mixed-use tower, which is under construction next to Grand Central Station in New York City. In fact, last year, The Real Deal reported that from 2012 to 2017, AECOM Tishman built 14 million square feet of ground-up construction, beating out Turner Construction by about 6 million square feet.

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