Phoenix consultancy: Apartment boom, measured in construction cranes

*In all, 33% of all cranes in the 12 U.S. cities observed were dedicated to residential projects, according to a recent survey. /PHOTO: GETTY IMAGES*

Of 12 major U.S. metro areas, Chicago has the most cranes working on residential construction projects. Seattle comes in second.

By Stephanos Chen | The Wall Street Journal

Sightseers in Chicago should keep their eyes open for cranes—the towering, metal kind.

The Windy City has more cranes for residential projects currently dotting its skyline than 11 other major U.S. cities, according to the Crane Index, a biannual survey of crane activity by Rider Levett Bucknall North America, a Phoenix-based construction consultancy.

As of November, Chicago had 56 construction cranes at work, 31 of which were being used for residential buildings, the survey found. Seattle had the second most residential cranes at 23, followed by Denver, with 10.

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March 26, 2017

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