Welcome (back) to Crane Watch, the Washington Business Journal’s interactive map of our region’s biggest developments under construction right now.
Our map, as of this writing, is dotted with more than 60 projects covering most corners of the D.C. area. Some broke ground as recently as a few weeks ago. Others have been underway since we first launched Crane Watch six years ago. (Click here to visit the map)
These endeavors have a total value likely topping $20 billion — $17.6 billion is the sum of the developments for which we know the cost, and we’re missing the value for roughly a third of them.
Nevertheless, it’s a lot.
Check out the gallery for a rundown of the 10 largest projects on our Crane Watch map.
The majority of the projects on our map are either multifamily or mixed-use dominated by multifamily — office projects remain, but there are far fewer of them than in past updates. And we know why: the office vacancy rate regionwide is sky high, partly due to…
Read the full story from the Washington Business Journal.
