Data center construction costs for 2024 (2024)

Currently Reading

Data center construction costs for 2024

Construction Costs

This table shows a five-year view of costs per square footforone-story computer data centers.

By Gordian | July 18, 2024

Data center construction costs for 2024 (1)Data center construction costs for 2024 (2)Data center construction costs for 2024 (3)

Data center construction costs for 2024 (4)

The drive toward smart cities necessitates substantial investment in modernizing data centers, which are the technological backbone of this transformation. Data centers have evolved from traditional physical servers to complex networks that support applications across multi-cloud environments. This modern infrastructure is essential for cities to become more efficient, business-friendly, and livable.

However, upgrading data centers to meet these smart city demands comes with significant costs. The advanced features required for these facilities, such as high-speed connectivity, security, and energy efficiency, contribute to the overall expense. Despite the high costs, these investments are critical for cities to remain competitive and to provide the expected level of public service in the digital age.

Current, localized construction cost data is crucial for creating accurate budgets, planning future expansions, ensuring timely project completion and maintaining a competitive edge. Gordian’s data features more than 100 building models, includingcomputer data centers. These localized models allow architects, engineers, and other preconstruction professionals to quickly and accurately create conceptual estimates for futurebuilds. This table shows a five-year view of costs per square footforone-story computer data centers.

Visit rsmeans.com/bdandc for more information about Gordian’s RSMeans Data.

Location

2020

2021

2022

2023

2024

5-Year Change

National Average

$380.66

$384.97

$409.48

$447.91

$468.66

23.12%

New York, NY

$537.83

$545.30

$569.75

$604.27

$639.83

18.97%

Chicago, IL

$465.73

$470.97

$494.26

$536.91

$561.33

20.53%

Boston, MA

$448.40

$448.02

$479.69

$522.90

$543.43

21.19%

Los Angeles, CA

$440.10

$445.51

$472.86

$519.68

$545.05

23.85%

Ann Arbor, MI

$374.18

$383.16

$402.05

$431.41

$453.86

21.29%

Omaha, NE

$342.87

$349.92

$364.05

$401.75

$419.71

22.41%

Denver, CO

$335.68

$339.71

$362.74

$396.33

$416.33

24.03%

Atlanta, GA

$323.09

$330.83

$352.09

$386.26

$407.77

26.21%

Phoenix, AZ

$323.02

$320.24

$345.39

$386.40

$407.58

26.18%

Dallas, TX

$306.35

$309.88

$330.99

$361.55

$379.21

23.78%

Please note: Square foot models are used for planning and budgeting and are not meant for detailed estimates.


More building construction cost reports from Gordian:

  • Hospital construction costs for 2024
  • Retail center construction costs for 2024
  • K-12 school construction costs for 2024
  • Healthcare construction costs for 2023
  • Higher education construction costs for 2023
  • Hospitality building construction costs for 2023

Tags

Data Centers

Contractors

Designers

Designers / Specifiers / Landscape Architects

Engineers

Facility Managers

Architects

Building Owners

Construction Costs

Market Data

Related Stories

Data Centers | Feb 28, 2024

What’s next for data center design in 2024

Nuclear power, direct-to-chip liquid cooling, and data centers as learning destinations are among the emerging design trends in the data center sector, according to Scott Hays, Sector Leader, Sustainable Design, with HED.

Data Centers | Feb 1, 2024

Gen AI will drive data center growth, says latest JLL sector report

Power access is pushing developers toward alternative sources and secondary markets.

Data Centers | Nov 22, 2023

How is artificial intelligence impacting data center design?

As AI is reshaping how we interact with machines and the world around us, the design of data centers needs to adapt to this fast-changing landscape. So, Page pairs expert thinking with high-performing solutions to meet the needs of rapidly advancing technologies.

Data Centers | Nov 13, 2023

Data center sector trends for 2023-2024

Demand for more data centers is soaring, but delivery can be stymied by supply delays, manpower shortages, and NIMBYism.

Giants 400 | Oct 2, 2023

Top 50 Data Center Construction Firms for 2023

Turner Construction, Holder Construction, HITT Contracting, DPR Construction, and Fortis Construction top BD+C's ranking of the nation's largest data center sector contractors and construction management firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.

Giants 400 | Oct 2, 2023

Top 60 Data Center Engineering Firms for 2023

Jacobs, Burns & McDonnell, WSP, EXP, and Alfa Tech head BD+C's ranking of the nation's largest data center sector engineering and engineering/architecture (EA) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.

Giants 400 | Oct 2, 2023

Top 30 Data Center Architecture Firms for 2023

Corgan, HDR, Gensler, Page Southerland Page, and HED top BD+C's ranking of the nation's largest data center sector architecture and architecture/engineering (AE) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report.

Data Centers | Sep 21, 2023

North American data center construction rises 25% to record high in first half of 2023, driven by growth of artificial intelligence

CBRE’s latest North American Data Center Trends Report found there is 2,287.6 megawatts (MW) of data center supply currently under construction in primary markets, reaching a new all-time high with more than 70% already preleased.

Data Centers | Sep 15, 2023

Power constraints are restricting data center market growth

There is record global demand for new data centers, but availability of power is hampering market growth. That’s one of the key findings from a new CBRE report: Global Data Center Trends 2023.

Giants 400 | Aug 22, 2023

Top 115 Architecture Engineering Firms for 2023

Stantec, HDR, Page, HOK, and Arcadis North America top the rankings of the nation's largest architecture engineering (AE) firms for nonresidential building and multifamily housing work, as reported in Building Design+Construction's 2023 Giants 400 Report.

Top Articles

MFPRO+ News

Most popular cities for renters mid-2024

Industrial Facilities

Industrial construction slows, but demand remains strong

Great Solutions

41 Great Solutions for architects, engineers, and contractors

More In Category

Data Centers

What’s next for data center design in 2024

Nuclear power, direct-to-chip liquid cooling, and data centers as learning destinations are among the emerging design trends in the data center sector, according to Scott Hays, Sector Leader, Sustainable Design, with HED.

Data Centers

Gen AI will drive data center growth, says latest JLL sector report

Power access is pushing developers toward alternative sources and secondary markets.

Data Centers

How is artificial intelligence impacting data center design?

As AI is reshaping how we interact with machines and the world around us, the design of data centers needs to adapt to this fast-changing landscape. So, Page pairs expert thinking with high-performing solutions to meet the needs of rapidly advancing technologies.

Data Centers

Data center sector trends for 2023-2024

Demand for more data centers is soaring, but delivery can be stymied by supply delays, manpower shortages, and NIMBYism.

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021
Data center construction costs for 2024 (2024)
Top Articles
Latest Posts
Article information

Author: Geoffrey Lueilwitz

Last Updated:

Views: 6675

Rating: 5 / 5 (60 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Geoffrey Lueilwitz

Birthday: 1997-03-23

Address: 74183 Thomas Course, Port Micheal, OK 55446-1529

Phone: +13408645881558

Job: Global Representative

Hobby: Sailing, Vehicle restoration, Rowing, Ghost hunting, Scrapbooking, Rugby, Board sports

Introduction: My name is Geoffrey Lueilwitz, I am a zealous, encouraging, sparkling, enchanting, graceful, faithful, nice person who loves writing and wants to share my knowledge and understanding with you.