Kings landing condos concordcondos . Ranking of the number of construction cranes in North America? According to the latest “Crane Index” (RLB Crane Index) released by the international real estate and building consultancy Rider Levett Bucknall (RLB), there are currently 208 construction cranes in use in Toronto, the largest number in North America, nearly half of which are used for residential construction.
Toronto is currently the city with the largest number of cranes among the 14 major cities in North America, accounting for 43%, according to the semi-annual crane index.
According to the first quarter 2021 report released earlier this month, there are 484 cranes under construction in 14 major cities in North America, of which 208 are under construction, the highest number in North America, 84 more than the 124 six months ago.
Behind Toronto, there are Washington (45), Seattle (43), Los Angeles (41) and so on. These cities only account for 9% of the total number of cranes. It is not difficult to see that Toronto is far ahead in the number of cranes, which is a bit easy to get in the first place.
In this quarter’s statistics, the number of cranes in some cities increased compared with the previous quarter, including Boston, Denver, Honolulu, Los Angeles and Washington, as well as Toronto and Calgary in the United States. Those that have not changed from the previous quarter include Chicago, New York City, Portland, Seattle and so on. In addition, Las Vegas, Phoenix and San Francisco decreased compared with the previous quarter.
The report points out that a total of 20,000 condominium units started in many cities last year, which is the main reason for the increase in the number of cranes. However, there was also a significant increase in the construction of commercial buildings and mixed-use developments. While the epidemic slows down the economy, the development of these buildings does not seem to have been affected.
According to the report, 49% of the cranes in use in Toronto are used for residential construction projects, followed by mixed-use development, accounting for 20%, and mall projects accounting for only 12%.