Whether it’s a university seeking to attract prospective students, a suburban hospital aiming to draw more patients or a corporation recruiting employees, MidAtlantic owners are keeping the region’s construction and renovation market active. “They are playing to win,” says David Lambertsen, director of business development at HSC Builders & Construction Managers. “Markets are competitive, and as the density of the region increases, the institutions are trying to improve and increase their competitive edge with the best possible facilities.”
This cut-throat marketplace is reflected in this year’s ENR MidAtlantic Top Starts list. The ranking includes 50 projects that exceed $105 million—a notable uptick from last year, when the least expensive contract on the list was $83.5 million.