As the general building market continues to show strength, several top contractors have boosted their revenues, thanks in part to an increase in megaprojects. Numerous vertical building projects valued at more than $1 billion have hit the market in recent years, and more could be on the horizon.
Turner Construction is working on several developments valued at more than $1 billion each. In March, Turner topped out the 1.5-million-sq-ft Wilshire Grand redevelopment in Los Angeles.