Developers have seen significant interest in new data centers, with a large portion of planned capacity already spoken for. A recent report notes that nearly all of the current construction projects have been pre-leased, with only a small amount of space still available. The total capacity under construction is substantial, exceeding 765 megawatts.

Plans are also in place for additional development, although these projects have not yet begun. Further information on data center development and demand is available from the report, which provides more details on the current state of the industry and future plans.