{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Built Different","title":"Episode 95: Data Center Boom Reshapes the ENR Top 400","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/84561bcb\"></iframe>","width":"100%","height":180,"duration":300,"description":"The ENR Top 400 Contractors report is in for 2025, and the numbers tell a story of a construction industry being reshaped by AI infrastructure spend. Total contractor revenue rose 11.8% to $671.4 billion, but the gains are highly concentrated — telecom/data center revenue jumped 86.4% in a single year and crossed $100 billion, while one-third of firms actually saw new contracts decline. For developers, GCs, and capital partners working outside the hyperscaler ecosystem, the report surfaces real execution and labor risk worth understanding.","thumbnail_url":"https://img.transistorcdn.com/FqhP0L_bpLui0_R4M_djHYuI024Y_echHiiRdD3XIA0/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kMTY2/YWI4YzNkMzU5NDEz/MWRlZGY1MjY3MzA3/OWQxZS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}