New data and forecasts from Synergy Research Group show that the average capacity of hyperscale data centers to be opened over the next six years will soon be more than double that of current centers.
PowerHouse's strategy to redevelop the site to be a digital hub that supports the internet's evolution to Web3 brings the plot of land full circle, as there is a rich history of connectivity on the site.
Novva data center offers more than just a location. Inside is a cooling system that features Aquatherm PP-RCT piping, which will provide virtually leak-free service for decades to come.
The expansion increases the company’s manufacturing space to more than 500,000 square feet, enabling increased production capability for customers in the data center, health care, manufacturing, transportation, and federal markets.
Kansas City construction firm finds unprecedented success servicing data centers
July 25, 2023
According to a 2023 McKinsey & Co. report, data center construction spending is expected to rise at a compound annual growth rate (CAGR) of 5.4%, reaching $49 billion by 2030.
The growth of AI has contributed to steady leasing activity despite higher interest rates and economic uncertainty and is expected to drive future data center demand.
Reduced exposure to hazards and risks, optimal maintenance of equipment, and boosted efficiency all support a streamlined build, thereby improving project outcomes and speeding time-to-completion for data centers and other complex facilities.
While the need for data centers continues to increase, finding a suitable property with the right zoning, utilities, and development timeline can be challenging.