The Definitive Guide toAI Data Centers
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Cushman & Wakefield 2026 Data Center Development Cost Guide: average all-in greenfield development cost for the most modern US/Canada facilities, excluding chips and GPUs

$17.6M/MWestimate

Value kindestimate — Interpret this value according to its displayed kind, scope, source, and as-of date.
ScopeUp 21% per MW since the prior edition (Q4 2024). Power is the largest cost category at an average 21% of greenfield cost (a different 21%). Excludes chips and GPUs; not comparable with JLL's $11.3M/MW shell-and-core figure, which excludes land and active IT.
As of2026-09
SourceCushman & Wakefield, 2026 Data Center Development Cost Guide release, 2026-09-03
Reviewchecking…review by 2027-09-03 · standard cadence
Recorded changeslast 2026-10-19
Claim idcushman-us-canada-greenfield-cost-per-mw-2026

Where the guide uses it

Not quoted in a chapter yet; it is kept in the curated register.

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