CBRE: Global data center demand continues to outstrip supply, driving up rental rates and construction costs
Trend seen in all regions despite extraordinary new supply growth
Trend seen in all regions despite extraordinary new supply growth
Potential development already facing local opposition
Anonymous sources suggest there is no plan for an extension or alternative
The company will expand and accelerate its data center developments with $445.4m in net proceeds
Site will offer manufacturing, robotics, AI, co-location, energy production, and more
State agencies were directed to protect utility ratepayers and residents' quality of life
Development could bring $200 million in tax revenue and create 1,500 construction jobs
Developers to pay entirely for their own energy needs
Project to be completed in Q1 2028
Severe convective storms, hurricanes, winterstorms, and earthquakes
City officials are promising maximum transparency
Includes digital infrastructure and renewables
Development will act as the first leg in a 2.295GW partnership with Fluidstack and Anthropic
Massive AI investment seeks more power-rich jurisdictions
QTS has already held investor calls for the funding
Likely for Oracle’s Stargate development in Saline Township, Michigan
The data center would be constructed on the old Bonner Mill Industrial Park
Company reportedly fielding an offer from Goldman Sachs for $1.5 billion
Development agreement with Tract approved earlier this month
The facility will start with an initial 100MW in 2028, increasing to 1.3GW by 2032
US data center operator will use the funds to fully pay off prior debts
Financing consists of an initial $500 million, with an accordion feature for further investment
Developer will switch to a mixed-use project on the 63-acre site
The first time total new capacity under construction has declined since 2020