en.Wedoany.com Reported - Turner Construction's new orders increased 48% year-over-year, with the company receiving $12.1 billion in engineering requests. The New York City-based contractor attributed the growth primarily to rising demand from data centers, as well as momentum in the healthcare and commercial markets.
Revenue from construction in progress rose 25% from the same period last year to $7.7 billion, while backlog grew 34% to $48.9 billion. So far this year, Turner has secured 10 large projects each valued at no less than $1 billion, including the replacement of the Midtown Bus Terminal in New York City, a joint venture with STV under a construction manager contract worth $10 billion.
Data center demand supporting artificial intelligence development is fueling a wave of massive construction. According to S&P Global data, average quarterly spending on U.S. data center construction between 2025 and 2028 is expected to exceed $70 billion. JLL Research forecasts the sector will roughly double in size by 2030, adding approximately 100 gigawatts of capacity during that period. Data centers require precision engineering, complex cooling infrastructure, and rapid delivery capabilities. Backed by the global ACS and Hochtief group, Turner can integrate engineering, supply chain management, and modular solutions, giving it an edge in bidding for large, complex projects.
It was this capability that won Turner the Meta data center campus project in Lebanon, Indiana, with a contract value of $10 billion. Alongside Mortenson, Turner is one of two contractors on the project. The campus spans 4 million square feet and will provide 1 gigawatt of capacity upon completion, supporting Meta's core operations and AI workloads. Ben Kaplan, Managing Director of Turner Construction, said the project's scale reflects the growing demand for high-performance infrastructure, and the company looks forward to collaborating with Meta to deliver it safely, sustainably, and efficiently, while supporting the long-term development of the local community.
Healthcare and other markets also contributed to Turner's strong growth. The contractor's 2025 revenue reached $29.2 billion, up 40% from 2024. In its annual results, healthcare, pharmaceutical, sports, aviation, and commercial projects all set revenue records. Current healthcare projects under construction include a $500 million hospital for Baptist Health in Broward County, Florida, and a $900 million hospital expansion for Geisinger in Pennsylvania.
On the commercial side, Turner is overseeing all construction of the One Beverly Hills Project, a ultra-luxury mixed-use development featuring high-end residences, hotels, and retail spaces, with a total cost of $10 billion. Its sports project portfolio is also expanding: In April, Turner, through a joint venture with AECOM, began work on the new Huntington Bank Field for the Cleveland Browns in Brook Park, Ohio. The stadium, with 75,000 seats and a dome, carries an investment of $2.4 billion and is reportedly the largest economic development project in northeastern Ohio history, slated to open before the 2029 National Football League season.
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