News Summary

Data center construction spending has reached new heights, with July 2025 seeing a record $14 billion in construction starts. According to ConstructConnect, this marks a significant increase from July 2024’s $682 million and sets a new standard, nearly doubling the previous high of $7.4 billion from August 2024. Year-to-date spending for 2025 now stands at $26.9 billion, with projections exceeding $46 billion by the year’s end. The average cost of constructing a data center has risen to $220 million, reflecting the trend towards larger, more complex facilities. Louisiana, Texas, and Virginia are leading in investment, with other states like Wisconsin, Arizona, and Georgia also gaining ground. Planned data center starts in the US over the next six months total $20 billion, indicating continued growth and investment in this sector.