China Construction America Inc and its investment and development arm Strategic Capital held a groundbreaking ceremony Tuesday for their first residential development in New York City. The ceremony was for Greenwich West, located at 110 Charlton Street on the west side of Manhattan's SoHo neighborhood, steps from the West Village in the district known as Hudson Square. I think it's the right project at the right time reacting to a market that has some pressure right now." Regarding the trade tension between China and the US, Wood points out that even though China Construction America (CCA) is a Chinese company, the vast majority of its revenue is spent in the US. For the next project it may be Chinese steel," he said.