AI-optimized build cost including tenant technology fit-out, excl. IT/servers — shell+core alone runs ~$11.3M/MW (JLL 2026); do not stack fit-out on top of an all-in facility figure
~$15-25M/MWestimate
| Value kind | estimate — Interpret this value according to its displayed kind, scope, source, and as-of date. |
|---|---|
| Scope | JLL's 2026 outlook supports ~$11.3M/MW shell and core (single-tenant, ~50 MW, excluding land and active IT) and a separate tenant technology fit-out reaching ~$25M/MW that includes IT such as GPUs and networking. The facility-only $15-25M/MW band therefore rests on Goldman's ~$15M/MW model plus market data, not on JLL's fit-out figure. State the MW denominator (IT MW) and the included infrastructure before adding any silicon budget. |
| Caveat | The all-in gloss ('adding the silicon lands near ~$30/W') predates Epoch's May-2026 revision, which totals ~$37.9/W up-front (servers 21.2 incl. GPUs + facility 11.4 + network 4.9 + land/utility 0.3). Treat the all-in as ~$30–38/W depending on vintage and IT-price basis; the facility-only $15–25M/MW band is unaffected. |
| As of | 2026 |
| Source | JLL 2026 Outlook; Goldman Sachs; iRecruit / Construct Elements market data |
| Review | checking…review by 2026-08-27 · fast cadence |
| Recorded changes | last 2026-07-07 |
| Claim id | ai-optimized-facility-build-cost-facility-only |
Where the guide uses it
← Full numbers register — every date-stamped figure in the guide, with revision history.