Top Owners Sourcebook: Data Center Construction Forecast to Grow

DPR Construction is building a new data center for Facebook at a 130-acre campus in Virginia.

PHOTO COURTESY DPR CONSTRUCTION

Data center construction continues to show strong growth in 2020. Research and Markets forecast in an October report that the data center construction market in the U.S. will realize a 9% compound annual growth rate (CAGR) between 2020 and 2025. Market Study Reports said in October the global market could see 11.2% CAGR during that same period, reaching $34.5 billion, up from $22.6 billion in 2019. Companies like Facebook continue to push ahead with large-scale development plans, including a $1-billion investment to add 1.5 million sq ft at its Newton County, Ga., campus; an $800-million 1-million-sq-ft data center in Gallatin, Tenn.; and an $800-million 907,000-sq-ft project in DeKalb, Ill. DPR Construction is currently working for Facebook at the 130-acre Henrico Data Center Campus near Richmond, Va. Google announced early this year it planned to invest $10 billion in offices and data centers this year, up from the $13 billion it spent in 2019.

Read More: ENR 2020 Top Owners Full PDF (subscription required)

Bruce Buckley is a freelance writer and photographer based in the Washington, D.C., area.

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