Via Scott Van Voorhis comes the news that the number of big cranes perched atop construction sites in Boston has dropped from an average of 12 a couple years ago to just 9 in the first quarter of 2022.
The stats come from Rider Levett Bucknall, a global construction and development consulting firm that keeps track of the number of construction cranes poking up from skylines across the US and Canada (somebody has to). The company, however, cautions it's too early to take anything away from that number:
Despite the ongoing challenges of materials supply chains and labor shortages, the market remains very active with several large-scale projects in progress as well as a healthy pipeline of projects in the planning stage. Development in the Seaport, Fenway, and Financial Districts continues to remain strong with life sciences, multi-family, and mixed-use projects.