By Ron Davis | Phoenix Business Journal
With proximity to the West Coast plus affordable, available land, Phoenix has emerged as a major player in the rise of data center development.
A report from brokerage firm Cushman & Wakefield found Phoenix was one of six key markets that account for 72% of total data center development in 2022 across the country. Phoenix joins markets that include Atlanta, Chicago, Dallas, northern Virginia and Silicon Valley.
And through the first half of 2023, Cushman & Wakefield estimates there are over 400 megawatts under construction or planned in the Phoenix market, which would bring the Phoenix data center capacity to about a gigawatt of power, said Jacob Albers, head of alternative insights for Cushman & Wakefield.
