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Data centers and health campuses pushed more projects to channel last month, a sign that construction activity could reach a high point in early 2027, according to Dodge Construction Network.
It Dodge Momentum IndexIt traces the non -residential projects that enter the planning stages and leads to the actual construction spending for a full year, increased by 3.4% in September. Commercial and institutional planning increased by 4.7% and 0.9%, respectively, according to the Dodge construction network.
The index is now 33% higher than the same period in 2024. Compared to last September, global planning activity increased by 60%, with commercial planning by 53% and institutional planning increased by 75%.
“The planning of the impulse remained Firm for data centersHealth care and public buildings throughout September and will be correlated with the strongest expense of construction in early 2027, “said Sarah Martin, an associate director of the forecast in the DODGE Construction Network.” After an prolonged period of uncertainty, the owners and developers are advancing projects in planning, but the activity is expected to be normalized in future months. “”
The growth of the commercial segment was leaned a lot Data Center Projects. Without them, commercial planning would have only increased by 0.5% during the month. As for the institutional part, health buildings and public buildings were ground, although education and recreation projects were softened, according to the report.
According to Dodge, a total of 58 projects with a value of $ 100 million or more entered the planning. Among the main commercial projects included:
- The $ 440 million Cyrusone Data Center in Yorkville, Illinois.
- The Meta Data Center of $ 384 million (Phase 2) in Montgomery, Alabama.
- The Gemini Data Center of $ 300 million in Brandon, South Dakota.
The largest institutional projects to enter the planning included:
- Philip Anthony Senior High School $ 246 million in Princeton, Texas.
- H. Medical City Hospital Hospital HCA of $ 227 million in Prosper, Texas.
- East Stamford Elementary School and Stamford Middle School, Connecticut.
