Intelligent Investment
Denver
North America Data Center Trends H1 2025
September 8, 2025 4 Minute Read
Colocation Insights
- There is 20.1 MW across 27 online facilities in the market.
- Only two colocation facilities offer large amounts of power and space.
Market Trends
- Sales tax incentives for data center construction materials and equipment are under consideration by the state legislature.
- Colocation development continues to take place, with Flexential breaking ground on a fifth Denver data center.
Notable Activity
- Vantage acquired a site in Aurora and has completed a load study with Xcel Energy.
- Centersquare is retrofitting an existing data center to free up additional capacity.
Figure 1: Historical Market Information
Figure 2: Historical Supply and Demand
Figure 3: % of Total Secondary Market Inventory
Figure 4: Market Fuel Mix
Figure 5: Average Asking Rates
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