Design-build is expected to account for 44 percent of construction spending in the U.S. nonresidential, highway/street and water/wastewater markets, delivering $1.2 trillion in construction put in place by 2021, according new research from FMI. Design-build spending is anticipated to grow 18 percent overall, with the highway/street and water/wastewater sectors seeing 30 percent growth in the next three years. The manufacturing and educational markets will see a significant share of design-build spending as well.
Survey respondents reported that design-build saves time and money and improves collaboration to deliver better projects. Project owners’ experience with design-build was rated highest across all project delivery methods, with 76 percent rating it as very good and excellent—noting that opportunities to innovate and the ability to fast track a project are the method’s top benefits.
