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Top Projects
by Scott Blair
Welcome to Southwest
Contractor's annual Top Projects feature, which
compiles the largest construction projects in Arizona, Nevada
and New Mexico.
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The projects profiled on the following pages were chosen
based on the criteria that they were at least 10 percent complete
by the end of 2003, and weren't covered in last year's Top
Projects feature. Each project is ranked by total construction
costs, which in some cases have been estimated.
Construction of these 55 projects represents more than $4.7
billion of activity added to the economy of the Southwest
region. Hospitality projects lead the way, followed closely
by healthcare and highway/ infrastructure.
Nevada remains the most active state for mega-projects, with
the $1 billion Wynn Las Vegas topping this year's list. Other
hotels are responding with their own expansions, with Bellagio
and Mandalay Bay pumping more than $600 million of construction
into the Las Vegas economy. Next year's list should find Nevada
with even more hospitality projects, as Caesars continues
to expand and the Renaissance by Marriott is just getting
started.
Arizona's TSA/ Cardinals Multipurpose Facility leads the Arizona
Top Projects with the $355 million arena located in Glendale.
Healthcare and bioscience are also huge catalysts for new
building in the state. Perhaps as a reflection of how healthy
the Arizona economy continues to be, several large private
office developments make this year's list. Rounding out the
list are highway and airport projects.
New Mexico saw a lot more private work this year over last,
with several Indian communities leading the way with large
resort and casino projects. The Mescalaro Apache Tribe's Inn
of the Mountain Gods resort tops the state's list this year,
with a $100 million ground-up rebuild of the popular mountain
resort, and the Laguna Pueblo's Route 66 Casino also placed
among the Top Projects. The public sector in New Mexico continued
to build strong, with justice facilities, government buildings
and schools making this year's list.
Data for this year's list was compiled from McGraw-Hill Construction
Dodge, surveys, and extensive research to confirm valuation
and statistics. While we strive to search out every major
project in the region, some projects may have been missed
or were impossible to confirm due to confidentiality or other
issues.
>Top
Projects List
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