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Researched by Industrial Info Resources (Sugar Land, Texas)--Data centers mean big business. As people turned online for shopping, work and school while the COVID-19 pandemic came to prominence, investment in data centers became stronger than ever and remains high.
"Growth for this sector is off the charts, and there's no end in sight. The need for data centers continues to grow as the demand grows and we continue to become such an electronic society," said David Pickering, Industrial Info's vice president of research for the Industrial Manufacturing Industry, in a March webinar. Industrial Info is tracking more than $21 billion worth of data centers that are under construction in the U.S. Arizona and Virginia lead in terms of overall spending, with more than $5.8 billion in data center projects under construction.
Click on the image at right for a breakdown by market region of data centers under construction in the U.S.
Arizona's data center activity is given a boost by Nippon Telegraph and Telephone Corporation's (NTT) (Tokyo, Japan) data center complex in Mesa, on the southeastern outskirts of Phoenix. The $1 billion first phase is drawing to a close and includes a two-story, 235,500-square-foot building. This initial phase will offer 36 megawatts (MW) of power. The campus eventually is planned to have seven buildings in all. The facility is being built to LEED certification standards, which will help conserve energy and reduce water use. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the detailed report.
The city of Mesa is proving quite attractive to data center development. In a press release from the Arizona Commerce Authority, Mesa mayor John Giles said, "Mesa is becoming one of the nation's premier strategic hubs for companies like NTT, thanks to our affordable power and robust fiber network." Other companies building in the area include Facebook parent company Meta Platforms Incorporated (NASDAQ:FB) (Menlo Park, California), which launched "Project Huckleberry" last summer. The project includes the construction of two data center buildings totaling 960,000 square feet to help increase space and meet demand for Facebook services. The project is expected to be completed by the end of next year. Subscribers can click here for the report.
Across the country, Virginia's proximity to Washington, D.C., is proving a boon for the state's data center development. Like Arizona, Virginia is showing pockets of strong data center development, notably in the town of Manassas, about 30 miles outside of Washington. Among the companies moving into the area are e-commerce and cloud services giant Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), which is nearing completion of the first phase of its Project Brickyard. Phase I includes a 211,816-square-foot data center building that will help provide expanded cloud services to the region. According to Data Center Dynamics, Amazon Web Services, which provides cloud services, controls roughly 47.8% of the cloud-computing market and accounts for more than half of Amazon's overall operating income. With lucrative contracts in place with the U.S. federal government, Manassas' proximity to Washington is an ideal location for Amazon. Subscribers can click here for the project report.
Other companies making a move in Manassas include Digital Reality Trust Incorporated (San Francisco, California), which is expected to complete the first phase of a data center campus there this summer. The 425,000-square-foot building will offer 48 MW of power and supporting systems to help expand regional colocation facilities and support. The ultimate goal of the campus is to have 1.7 million square feet of building space and 192 MW of power. Subscribers can click here for the report.
Georgia rounds out the top three states by project value for data centers under construction in the U.S. Meta Platforms is underway with a Phase II expansion of its campus in Social Circle, Georgia, about 45 miles east of Atlanta. The project entails construction of a 400,000-square-foot data hall to help meet demand for Facebook services. Phase II kicked off in 2019 and is expected to be completed by the end of this year. Subscribers can click here for the report.
In March, Industrial Info presented a webinar on the rise in global data center investment. Interested? Visit our webinar library to listen to this and other insightful presentations from IIR.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
"Growth for this sector is off the charts, and there's no end in sight. The need for data centers continues to grow as the demand grows and we continue to become such an electronic society," said David Pickering, Industrial Info's vice president of research for the Industrial Manufacturing Industry, in a March webinar. Industrial Info is tracking more than $21 billion worth of data centers that are under construction in the U.S. Arizona and Virginia lead in terms of overall spending, with more than $5.8 billion in data center projects under construction.
Click on the image at right for a breakdown by market region of data centers under construction in the U.S.Arizona's data center activity is given a boost by Nippon Telegraph and Telephone Corporation's (NTT) (Tokyo, Japan) data center complex in Mesa, on the southeastern outskirts of Phoenix. The $1 billion first phase is drawing to a close and includes a two-story, 235,500-square-foot building. This initial phase will offer 36 megawatts (MW) of power. The campus eventually is planned to have seven buildings in all. The facility is being built to LEED certification standards, which will help conserve energy and reduce water use. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the detailed report.
The city of Mesa is proving quite attractive to data center development. In a press release from the Arizona Commerce Authority, Mesa mayor John Giles said, "Mesa is becoming one of the nation's premier strategic hubs for companies like NTT, thanks to our affordable power and robust fiber network." Other companies building in the area include Facebook parent company Meta Platforms Incorporated (NASDAQ:FB) (Menlo Park, California), which launched "Project Huckleberry" last summer. The project includes the construction of two data center buildings totaling 960,000 square feet to help increase space and meet demand for Facebook services. The project is expected to be completed by the end of next year. Subscribers can click here for the report.
Across the country, Virginia's proximity to Washington, D.C., is proving a boon for the state's data center development. Like Arizona, Virginia is showing pockets of strong data center development, notably in the town of Manassas, about 30 miles outside of Washington. Among the companies moving into the area are e-commerce and cloud services giant Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), which is nearing completion of the first phase of its Project Brickyard. Phase I includes a 211,816-square-foot data center building that will help provide expanded cloud services to the region. According to Data Center Dynamics, Amazon Web Services, which provides cloud services, controls roughly 47.8% of the cloud-computing market and accounts for more than half of Amazon's overall operating income. With lucrative contracts in place with the U.S. federal government, Manassas' proximity to Washington is an ideal location for Amazon. Subscribers can click here for the project report.
Other companies making a move in Manassas include Digital Reality Trust Incorporated (San Francisco, California), which is expected to complete the first phase of a data center campus there this summer. The 425,000-square-foot building will offer 48 MW of power and supporting systems to help expand regional colocation facilities and support. The ultimate goal of the campus is to have 1.7 million square feet of building space and 192 MW of power. Subscribers can click here for the report.
Georgia rounds out the top three states by project value for data centers under construction in the U.S. Meta Platforms is underway with a Phase II expansion of its campus in Social Circle, Georgia, about 45 miles east of Atlanta. The project entails construction of a 400,000-square-foot data hall to help meet demand for Facebook services. Phase II kicked off in 2019 and is expected to be completed by the end of this year. Subscribers can click here for the report.
In March, Industrial Info presented a webinar on the rise in global data center investment. Interested? Visit our webinar library to listen to this and other insightful presentations from IIR.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
