Tag: data center

January 10, 2024

Commercial planning, which includes office, hotel, retail and warehouse projects, has generally been in decline since its November 2022 peak due to high interest rates, supply chain disruptions and stricter lending standards, but Martin noted the segment began to stabilize […]

August 22, 2023

Rapid growth in artificial intelligence is fueling data center demand, but power constraints are swelling building costs, said Gordon Dolven, director of Americas data center research at CBRE. Those construction costs have generally increased across all U.S. regions, yet the […]

November 29, 2022

Will the technology sell-off put an end to the data center construction boom? High inflation, rising interest and plummeting stocks are taking a toll on Big Tech. Meta, the parent company of Facebook, Instagram and WhatsApp, axed 11,000 jobs this […]

January 21, 2022

While that type of demand will likely cool off in 2022, a surge in orders by other users should keep activity in the sector humming along, according to industry experts, if enough workers can be found to build it out. […]

November 2, 2020

Data center construction has exploded in recent years, with multiple states vying to lure internet giants in need of space for their physical computer systems. For example, Northern Virginia has become known as “Data Center Alley” because of the tech-focused […]

January 22, 2020

For construction companies building data centers, speed is everything. “End users aren’t looking to wait a year for a secure and reliable facility,” said Jason Walker, senior project manager for HITT Contracting. “So projects like Vantage’s … go from pad-ready […]