November 21, 2024 6:23 pm
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Phoenix construction costs rise, crane count dips

By Corina Vanek | Phoenix Business Journal (Image by Convegni_Ancisa )

Only nine tower cranes stretched above the Phoenix central business district in the first quarter of the year, a stark drop from the 16 that were in use in the third quarter of 2020, marking the end of construction for many of the large projects underway in the city.

Of cities studied in the Rider Levett Bucknall crane count, Toronto continued to top the list with 208 tower cranes in place. Washington D.C. was the top-ranked U.S. city with 45 cranes in place.

Read the full subscription story from the Phoenix Business Journal.

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