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According to the most recent data provided by construction forecasting company FMI Corp., which has its headquarters in Raleigh, North Carolina, despite a widespread deceleration in the U.S. commercial real estate market, data center construction has defied this overall trend and established itself as a pivotal force propelling the non-residential construction industry forward. Projections indicate that by 2026, expenditures on data center construction will surge by an extra 23%. In contrast, traditional real estate projects, including office buildings, hotels, apartments, and warehouses, are anticipated to undergo a substantial slowdown. By that year, data centers are expected to constitute over 6% of the total non-residential construction spending in the United States, a significant leap from the mere 2% or so recorded three years prior.
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