U.S. Data Centers to See Up to $19 Billion in First-Quarter Kickoffs

Researched by Industrial Info Resources (Sugar Land, Texas)--As Americans continue to move their work, play and conversation online, leading tech companies are building out their data centers nationwide. Industrial Info is tracking more than $19 billion worth of data center projects across the U.S. that are scheduled to move forward in the first quarter of 2024, including more than $6 billion worth that have a high likelihood (81% or more) of beginning construction.

Click on the image at right for a graph detailing the top 10 parent companies for U.S.-based data center projects with a high likelihood of kicking off from January through March.

CloudHQ (San Francisco, California), which handles and secures data for companies such as Microsoft Corporation (NASDAQ:MSFT) (Redmond, Washington) and Google parent Alphabet Incorporated (NASDAQ:GOOGL) (Mountain View, California), is aiming for a two-phase expansion of its data center campus in Manassas, Virginia: the $800 million addition of a two-story building that would consume 84 megawatts (MW) for information technology (IT) load, and the $600 million addition of a one-story building with 60 MW of IT load.

The Manassas campus is connected to CloudHQ's Manassas Fiber Highway, which provides exclusive fiber conduit ducts to the long-haul fiber interconnection points along Route I-66, according to CloudHQ's website. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project and Plant databases can read detailed project reports on the two-story and one-story expansions, and read a related plant profile.

Microsoft hopes to begin construction on one of its own projects, a $400 million expansion of its data center campus in East Wenatchee, Washington, to support its Azure cloud computing platform in the region. Azure includes Microsoft Dynamics 365 business-related programs. Subscribers can learn more from a detailed project report.

Other big spenders in the first quarter include DC Blox (Atlanta, Georgia), which is beginning construction on a multi-phase data center campus in Douglasville, Georgia, which is expected to eventually total 750,000 square feet and $1.2 billion of investment. The two-story, $800 million first phase is expected to total about 500,000 square feet, with 216 MW provided by Georgia Power, a unit of Southern Company (NYSE:SO) (Atlanta, Georgia). About 68% of the space already is dedicated to one of DC Blox's hyperscale clients. Subscribers can learn more from a detailed project report.

Stream Data Centers (Dallas, Texas) ties DC Blox in first-quarter investment with its own big-ticket project: an $800 million data center in San Antonio, Texas, its third in the city. The two-story, 300,000-square-foot building will consume 80 MW of IT load. Subscribers can learn more from a detailed project report.

Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington) aims to enhance its Amazon Web Services division with a $500 million data center in Gilroy, California, which will cover 218,000 square feet and consume 49 MW. The site, previously owned by Owens Corning, will include a backup power-generation facility. Subscribers can learn more from a detailed project report.

Andrew Jassy, the chief executive officer of Amazon, detailed his company's data-driven ambitions in a recent quarterly earnings-related conference call: "We recently introduced general availability for Amazon Bedrock, which offers customers access to leading LLMs from third-party providers like Anthropic, Stability AI, coherent AI 21 as well as from Amazon's own LLMs called Titan, where customers can take those models, customize them using their own data but without leaking that data back into the generalized LLM, have access to the same security, access control and features that they run the rest of their applications within AWS all through a managed service."

Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.

Subscribers can click here for a full list of reports for data center projects across the U.S. that have a high likelihood (81% or more) of beginning construction as scheduled in the first quarter of 2024.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).