Skanska USA Building has been awarded an USD 84 million construction contract for a colocation data center in Georgia, with the Swedish construction firm set to record approximately USD 79.20 million in US order bookings for the third quarter of 2026 as a result of the deal.

A Repeat Client Drives Another Major Award

The client behind the project is an existing relationship for Skanska, according to the company's announcement, though no identity was disclosed. Skanska provided no additional detail about what prior work it had performed for the organization.

The omission of the client's name follows standard practice in data center construction, where confidentiality clauses are commonly required by operators and investors who prefer not to reveal the locations of new infrastructure or planned capacity expansions ahead of their own public disclosures.

Ashley Jeffery, Head of Communications for Skanska USA Building, is listed as the primary press contact for the project.

Five Colocation Halls and Full Commissioning Responsibility

The facility is designed to span approximately 22,700 square meters, equivalent to 244,730 square feet, and will contain five colocation data halls along with administrative space. Its total power capacity is set at 48 megawatts, placing it in the mid-to-large tier of colocation infrastructure being built across the United States.

Skanska's scope extends well beyond structural work.

The contract covers civil, structural, utilities, electrical, mechanical, security, and interior amenities work, as well as full fit-out of the facility. Critically, it also includes the commissioning of major equipment through to project completion, making Skanska responsible for the building's operational readiness, not merely its physical delivery.

That breadth of scope reflects the comprehensive nature of turnkey data center construction contracts at this scale.

Construction Begins in Late 2026, Completion Set for Mid-2028

Work on the project is scheduled to start in November 2026, with completion targeted for the third quarter of 2028. The projected duration of roughly 21 months from groundbreaking to handover is consistent with the complexity involved in delivering a purpose-built colocation facility of this power capacity and floor area.

Skanska announced the contract on September 22, 2026, and the value will be recorded in the company's US order bookings for the third quarter of that year.

Georgia Competes With Established Data Center Markets

The announcement does not identify the specific location within Georgia where the facility will be built.

The state has nonetheless become an active destination for data center investment, with the Atlanta metropolitan area drawing sustained capital from colocation operators, hyperscale cloud providers, and enterprise users.

Georgia's appeal rests on a combination of available land, relatively affordable power rates, and favorable tax conditions, factors that have allowed it to compete with more established corridors such as Northern Virginia and the Dallas-Fort Worth area.

Skanska's Scale and Market Position

Skanska is among the largest construction and project development firms in the world. The company reported 2025 revenue of USD 18.16 billion across operations spanning the Nordics, Europe, and the United States, and employs approximately 25,900 people globally.

The Georgia contract is being executed through its US Building division. The award reflects the continued strength of data center construction as a segment of the commercial building market, where demand has been driven by growth in cloud computing, artificial intelligence workloads, and enterprise IT outsourcing.

Firms capable of delivering high-power-density facilities with full commissioning capability have found consistent work in this space in recent years.

The capital intensity of the sector is evident in the contract's unit economics.

At USD 84 million for a 244,730-square-foot facility, the per-square-foot cost underscores how much of a colocation data center's budget is consumed by electrical infrastructure, cooling systems, and security before a single rack is installed.

Skanska did not name any subcontractors or specialty trade partners in connection with the project at the time of the announcement.