As of October 7, 2024, Honolulu's skyline is bustling with construction activity, featuring 14 cranes currently dotting the landscape. This increase includes two new cranes added for a private healthcare project and a public-sector industrial development, reflecting the city's ongoing commitment to infrastructure growth 1.
A recent report by Rider Levett Bucknall indicates a strong demand for mixed-use residential developments in the area, suggesting that robust construction activity is expected to continue for the next 12 to 24 months. This trend is part of a broader narrative in the U.S. construction industry, where favorable economic conditions are driving growth 1.
While the overall crane count in North America has seen a slight decline of 5%, Honolulu stands out as one of the cities bucking this trend, with only four out of 14 cities reporting a significant decrease in crane counts 1. The combination of public and private sector investments is likely to sustain this momentum, contributing positively to the local economy and housing market as the city prepares for future developments 1.
