A 2025 US development cost guide from Cushman & Wakefield reports facility construction costs clustering around $9. 0M per MW of critical load across major US markets, with an average near $11. The data centre market is entering a new era, driven by the explosive growth of artificial intelligence (AI) and surging global demand. This excludes owner-furnished items and tenant costs – so it's a construction-oriented view. Data center budgets reward teams that think beyond infrastructure and plan execution just as carefully. Tight coordination, realistic benchmarks, and the right logistics tools keep projects predictable. Hyperscale Data Center: Built by tech giants like AWS, Azure, and Google Cloud, hyperscale facilities are the largest and most capital-intensive builds in the industry. It exceeds 100 MW and covers millions of square feet.