30 Tallest Buildings in the US in 2024

In this article, we will be taking a look at the 30 tallest buildings in the US in 2024. If you want to skip our detailed analysis of the construction industry, you can go directly to 5 Tallest Buildings in the US in 2024.

A New Supertall Skyscraper on the Horizon

Skyscrapers play a crucial role in today's world by efficiently utilizing limited urban space and accommodating growing populations. These tall buildings can serve as iconic landmarks while also facilitating economic growth through increased office and residential space.

On March 17, Bloomberg reported that Matteson Capital and California-based architecture firm Architects Orange (AO) are planning to build the tallest tower in the US in Oklahoma City. The proposed Legends Tower, part of the Boardwalk at Bricktown development, would reach a height of 1,907 feet, if it is built as planned. However, the possibility of constructing the tallest skyscraper in the US in Oklahoma City, the 20th most populated city in the nation, raises questions about the city's readiness and the residents' desire for such a huge project. The president and CEO of Newport Beach, California-based Matteson Capital, Scot Matteson, believes that Oklahoma City is poised for significant growth, drawing parallels to other rapidly expanding second-tier cities like Austin, Nashville, and Charlotte. Developer Scot Matteson has confirmed that the Boardwalk project in Oklahoma City has received approval from the city. In addition to securing $200 million in tax increment financing, he has successfully attracted a significant investor to complete the total $1.5 billion financing needed for the project. As per the report, Matteson has chosen not to disclose the identity of this major investor at this time.

North America's Construction Market on the Rise

According to a report by Mordor Intelligence, the North American construction market is projected to reach a value of $2.56 trillion in 2024. Looking forward, the market is expected to grow at a compound annual growth rate (CAGR) of 4.82% from 2024 to 2029 to reach a value of $3.11 trillion by the end of the forecast period. As the population continues to grow, there is a rising demand for residential and infrastructure construction. The shift towards urban living is fueling the development of new urban areas, which is a key factor driving growth in the construction market. Industrial real estate is expected to further augment market growth during the forecast period.

The construction industry is embracing technologies like 3D printing, drones, and robotics to enhance productivity, safety, and operational efficiency on construction sites. The industry is also benefiting from growth in several sectors, such as manufacturing and mining.