Real Estate

Types of construction projects

Construction is defined as “a process consisting of the construction or assembly of infrastructure.” (See 1. below) On the other hand, a Construction Project “includes all material and labor necessary for the construction of a finished structure for occupancy by the End Customer. This includes site preparation, foundation, mechanical, electrical and any other work needed to complete the project.” (See 2. below)

There are different types of construction projects:

  1. Residential
    Residential construction projects include houses, townhouses, apartments, condominiums, cabins, single-family homes, and subdivisions. Home designs are usually done by architects and engineers, and construction is done by builders who hire subcontractors for structural, electrical, mechanical, and other specialized work. This type of project must comply with the regulations and codes of practice of the local building authorities. Many new builders are attracted to residential projects due to their ease of entry into the real estate market. This makes it a highly competitive market with potentially high risks and high rewards.
  2. building
    Building construction is perhaps the most popular type of construction project. It is the process of adding structure to real estate. Most projects are room additions and minor renovations. Most new building construction projects consist of the construction of protected enclosures with pedestrian access to house people, equipment, machinery, or supplies. Includes installation of utilities and equipment.
  3. Institutional and Commercial
    The construction of institutional and commercial buildings covers a wide variety of project types and sizes, such as hospitals and clinics, schools and universities, sports venues and stadiums, large shopping malls and chain retail stores, light manufacturing plants and warehouses, and skyscrapers for offices and hotels. Specialized architects and engineers are often hired to design a particular type of building. This market segment has few competitors due to the higher costs and greater sophistication of institutional and commercial buildings compared to residential construction projects.
  4. Industrial
    Industrial construction is only a small part of the entire construction industry, however, it is a very important part of the industry. These projects are usually owned by large for-profit industrial corporations such as manufacturing, power generation, medicine, oil, etc.
  5. Specialized Industrial Construction
    This type of construction project generally involves very large-scale projects with a high degree of technological complexity, such as nuclear power plants, chemical processing plants, steel mills, and oil refineries.
  6. Road construction
    Highway construction involves the construction, alteration, or repair of roads, highways, streets, alleys, tracks, driveways, parking areas, etc. Includes all incidental construction in conjunction with the highway construction project.
  7. heavy construction
    Heavy construction projects typically involve projects that are not properly classified as “building” or “highway.” Examples of this type of project would be: water and sewer line projects, dams, wastewater treatment plants and facilities, flood control projects, dredging projects, and water treatment plants and facilities.

These are the most popular types of construction projects. Construction is a huge industry and now there are several construction companies that you can choose from. This, added to the use of the Internet, has made it easier for the consumer to make a decision about how to proceed with their projects. You just need to do a little research. Feel free to contact these construction companies and ask questions. Construction projects are a major undertaking and you need to make the right decisions when starting these projects.

1. http://en.wikipedia.org/wiki/Construction_project
2. http://www.steelbuildingreference.com/steel_buildings_definitions.htm

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