Despite environmental challenges and the ongoing pandemic, 2021 has been a modestly good year for construction in Los Angeles, with reported growth of nearly 3%. Construction companies and workers have benefited from an increase in the residential arena and more than half a dozen large infrastructure projects related to the Metro system and freeway. For example, in anticipation of the 2022 Super Bowl, the massive SoFi Stadium opened this year and hosted its first game in September.
This coming year promises more growth and job opportunities with major construction projects that will reshape Los Angeles. According to the Commercial PropertyExecutive, these are some of the top projects to be aware of in 2022:
The Grand
With an anticipated completion date of 2022, this $1 billion mixed-use development spans three city blocks. The project employs a broad range of professionals to construct shopping, eating, and entertainment venues and a grocery store, a 20-story hotel, and a 39-story apartment building.
The LAX Landside Access Modernization Program
Part of the $14.3 billion Capital Improvement Program, this ongoing project encompasses an automated people mover, a car rental location, and two Intermodal Transportation facilities, as well as roadway improvements designed to facilitate access to Los Angeles International Airport. Different elements of the project will open in 2021, 2022, and 2023.
West Edge
Designed on the “village center” model, this project includes space for retail, dining, and fitness options as well as luxury apartments, landscaped terraces, and 200,000 square feet of office space on less than half an acre. Over 120 of the housing units are designated for affordable housing. In the interest of promoting a car-free lifestyle, the West Edge is located next to public transit.
The Metro Purple Extension
This massive transit project expects to open various sections in 2023, 2025, and 2027. According to LA Metro, this multibillion-dollar project is more complex than anything LA Metro Rail has constructed in its history due to the challenges of dense urban neighborhoods and extreme geological conditions.