Top 5 Incredible Capital Projects in North America

Cherie Gozon
Cherie Gozon
February 21, 2024

Ever wondered what it takes to transform an ambitious vision into a tangible marvel of modern infrastructure? Welcome to the world of capital projects, where innovation meets necessity, creating landmarks that redefine our landscapes.  

But before we dive into our list of awe-inspiring projects, let's get one question out of the way: What exactly is a capital project? Simply put, it's a project that requires significant investment to create or enhance a long-term asset, from skyscrapers to highways and everything in between.

Take North America for example. They have some of the most incredible capital projects that showcase their grandeur and the meticulous planning, cutting-edge technology, and relentless pursuit of excellence behind their completion. Let's look at the top five capital projects in North America.

1. The California High-Speed Rail: A Journey into the Future

Where: California, USA  
Who's Behind It:
California High-Speed Rail Authority
Timeline:
2015 to Beyond 2030
The Investment: Over $80 billion

Artistic rendering of a California High-Speed Rail running in the Central Valley.
Artistic rendering of a CAHSR high-speed train running in the Central Valley.

Imagine zipping from Los Angeles to San Francisco in under three hours without the traffic! The California High-Speed Rail is turning this dream into reality, marking it as one of the most ambitious transportation projects in the U.S.  

The journey to its practical completion is paved with challenges, from construction costs to environmental concerns. Still, the dedicated project consultants and client side project management teams are the unsung heroes keeping this dream on track. Through regular PCG meetings, they're navigating the complexities of such a monumental undertaking.

2. Hudson Yards: Reimagining Urban Space

Where: New York City, USA
Who's Behind It: Related Companies and Oxford Properties
Timeline: 2012 to Ongoing
The Investment: About $25 billion  

The "Vessel" in Hudson Yards.
The "Vessel" in Hudson Yards.

Hudson Yards isn't just a development; it's a vision brought to life on Manhattan's West Side. This project has everything from luxury residences to public spaces, all wrapped up in cutting-edge architecture.  

The fitout of each building is a testament to modern design, while the project proves the power of innovative client side project management.  

The project employs state-of-the-art construction techniques and sustainable design principles, setting a new standard for mixed-use developments in urban settings.

3. Gordie Howe International Bridge: Bridging Countries, Connecting People

Where: Windsor, Ontario, Canada, and Detroit, Michigan, USA
Who's Behind It: Windsor-Detroit Bridge Authority
Timeline: 2018 to Expected 2024
The Investment: Estimated CAD $5.7 billion

Rendering of the bridge by Windsor–Detroit Bridge Authority.
Rendering of the bridge by Windsor–Detroit Bridge Authority.

The Gordie Howe International Bridge project is a testament to international cooperation and infrastructure development aimed at improving trade and transportation between Canada and the United States.  

Its construction is a complex logistical feat involving extensive collaboration between the two countries. The bridge is set to enhance economic ties and facilitate smoother transit for goods and travelers, showcasing the critical role of infrastructure in supporting international trade.  

4. Allegiant Stadium: An Arena Like No Other

Where: Las Vegas, Nevada, USA
Who's Behind It: Mortenson Construction and McCarthy Building Companies
Timeline: 2017 to 2020
The Investment: Roughly $1.9 billion  

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Allegiant Stadium Las Vegas.

Who isn’t familiar with Allegiant Stadium? Known worldwide for hosting world-class events (hello, Super Bowl!), this project is a marvel of engineering and design, featuring a retractable field and a transparent dome that offers views of the Las Vegas Strip.  

Its construction was a notable achievement in project management, involving intricate coordination of contract works and adherence to tight schedules. The stadium sets a benchmark in design and functionality, offering fans an unparalleled experience while bolstering Las Vegas's status as an entertainment capital.

5. The REM: Revolutionizing Montreal's Transit

Where: Montreal, Quebec, Canada
Who's Behind It: CDPQ Infra
Timeline: 2018 to Expected 2023
The Investment: CAD $6.3 billion  

The exterior of a Alstom Metropolis train that will be used on the Réseau express métropolitain.
The exterior of a Alstom Metropolis train that will be used on the Réseau Express Métropolitain.

The REM (Réseau Express Métropolitain) aims to transform Montreal's public transport system with its fully automated light rail network. It's about easing commutes and pushing the envelope on sustainable urban transport.  

With project consultants steering the way and client side project management ensuring every contract work and construction cost is accounted for, the REM is a testament to what's possible when innovation drives public infrastructure projects.

North America: An Incredible Capital Projects Haven

With all these incredible capital projects in North America, it's clear that behind every groundbreaking project are the principles of strategic planning, technological innovation, and a relentless pursuit of improving our communities.  

From achieving practical completion to navigating the intricacies of fitout and construction costs, these projects are a reminder of the transformative power of dedicated project consultants and client side project management teams. Let's stay tuned for the next marvels they'll bring to life!

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