Data centers, healthcare keep construction planning on track

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Knowledge heart hubs and healthcare campuses pushed extra tasks into the pipeline final month, an indication that building exercise might hit a excessive level in early 2027, in accordance with Dodge Building Community.

The Dodge Momentum Index, which tracks nonresidential tasks getting into the planning phases and leads precise building spending by a full 12 months, elevated 3.4% in September. Business and institutional planning climbed 4.7% and 0.9%, respectively, in accordance with Dodge Building Community.

The index now sits 33% increased than the identical interval in 2024. In comparison with final September, total planning exercise jumped 60%, with business planning up 53% and institutional planning up 75%.

“Planning momentum remained steadfast for data centers, healthcare, and public buildings all through September and can correlate to stronger building spending in early 2027,” stated Sarah Martin, affiliate director of forecasting at Dodge Building Community. “After a protracted interval of uncertainty, homeowners and builders are advancing tasks into planning, however exercise is anticipated to normalize in future months.”

Progress within the business section leaned closely on data center projects. With out them, business planning would have solely ticked up 0.5% for the month. On the institutional aspect, healthcare and public buildings gained floor, although schooling and recreation tasks softened, in accordance with the report.

A complete of 58 tasks valued at $100 million or extra entered planning in September, in accordance with Dodge. Main business tasks included:

• The $440 million CyrusOne information heart in Yorkville, Illinois.
• The $384 million Meta information heart (Part 2) in Montgomery, Alabama.
• The $300 million Gemini information heart in Brandon, South Dakota.

The biggest institutional tasks to enter planning included:

• The $246 million Philip Anthony Senior Excessive Faculty in Princeton, Texas.
• The $227 million HCA Medical Metropolis Healthcare Hospital in Prosper, Texas.
• The $158 million East Stamford Elementary Faculty and Center Faculty in Stamford, Connecticut.