Internet infrastructure and data center provider Patmos Hosting has secured a $100 million loan to continue the development of the former Kansas City Star building in Kansas City, Missouri.

The Commercial Property Assessed Clean Energy (C-PACE) loan, which will be provided by PACE Loan Group, will fund Patmos’ next phase of “energy-efficient” infrastructure improvements as part of the company’s continued expansion.

The loan is the largest C-PACE loan granted in Missouri to date.

Patmos said it will use the funding to boost its energy efficiency and make equipment, HVAC, and plumbing improvements in order to properly support the data center’s cooling and electrical load.

The Internet infrastructure and data center provider said that the campus will be 421,112 sq ft (39,122 sqm), spans four stories, and features 35MW of capacity for high-density GPU, HPC, and AI infrastructure companies.

Patmos began construction at the site in late 2024, stating that it built out the initial 5MW of capacity in less than 90 days, followed by another 7MW over the following 90 days. The company said it will continue to develop the building into a “state-of-the-art multi-use AI campus.”

Patmos added that two publicly traded tenants with multi-year leases have acquired space in the data center campus, which has enabled it to renovate the Kansas City Star building “ahead of schedule.”

The project is expected to be completed by March 2026.

“With this loan, Patmos is able to continue to deliver on our speed to market promise for our clients while creating an AI campus that serves as the technology hub for one of the fastest expanding regions in the industry,” said John Johnson, Patmos founder and CEO. “Using a PACE vehicle to expand AI infrastructure has never been done – but that’s the Patmos way. It allowed us to build fast while maintaining long-term sustainability, profitability, and ownership.

“The PACE Loan Group team understood our vision at every turn and worked to deliver a solution that was as unique as our business model. We are looking forward to working with them on subsequent retrofits.”

Located in Kansas City at 1601 McGee Street, the Kansas City Star building is a former printing press for the newspaper of the same name. The printing site opened in 2006 and was sold to Ambassador Hospitality LLC for $30.1 million in 2019. The newspaper had planned to lease back the building for 15 years, but moved out and took a smaller space near Crown Center in 2022 after its parent company filed for bankruptcy the year before.

The printing press site was originally planned for redevelopment into a baseball stadium for the Kansas City Royals, but Jackson County voted against a $1.7 billion sales tax extension to fund the project in April 2024.