Portland area construction crane count holding steady
Portland's construction crane count is holding steady — with 30 rigs stretching toward the sky across the metropolitan area, according to a recent report.
That's an unchanged tally since the first quarter of the financial year, according to the biannual analysis by global development management firm Rider Levett Bucknall.
And it's enough to earn the Portland metro market the No. 5 spot among major North America cities, as only four other cities have more cranes erected currently.
Here's the official tabulation:
• Toronto, Canada — 120
• Los Angeles — 49
• Seattle — 49
• Calgary, Alberta, Canada — 34
• Portland — 30
A number of larger cities by population size are fielding fewer cranes, including Washington, D.C., with 28; Chicago and New York City, both with 27; and San Francisco with 23.
For those in the development biz, the news is still mostly positive. RLB expects North America's one-to-one replacement rate to continue unchecked, meaning that there's at least one major project breaking ground for each completed project.
"The crane count in Portland remains constant, with the highest concentration of development found in the central downtown area, specifically the inner Southeast and Southwest neighborhoods," the report noted.
The analysis also spotlights the expansion of the Adidas regional headquarters and Legacy Emanuel Medical Center, both in North Portland.
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