Flood noted that his firm’s data center clients still want to build.
“They said that they have never been building at this pace, and that pace going forward is only going to increase,” Flood said.
But the triple threat of rising prices, continually choked supply chains and scarce labor availability are standing in the way of that demand.
Turton Bond has worked with Google and Facebook in the past. Google plans to invest $9.5 billion in offices and data centers in the U.S. this year, while Meta, parent company of Facebook, recently launched two more data centers in Temple, Texas and Kansas City, Missouri (pictured above).
