PowerHouse Data Centers is looking to develop another campus outside Louisville, Kentucky.

Real estate firm Poe Companies and PowerHouse have announced they are looking to develop on 550 acres in Kentucky for a $9.6 billion data center project.

The companies have reportedly secured options to purchase the land, located east of Interstate 71 on Greens Bottom Road in Carroll County, for the proposed Carrollton Industrial Campus.

Full details of the planned development were not shared. Any transmission upgrades needed to support the project will reportedly be paid for by the developers.

The site is just outside Carrollton, a home rule-class city and county seat of Carroll County, located along the state border with Indiana, between Louisville and Cincinnati, Ohio. The proposed site is close to Carrollton Utilities’ regional wastewater treatment plant.

The city has confirmed the sale, saying it purchased the land in 2019 for future expansion of the treatment plant, but it is no longer needed.

“We believe that this location is well suited for a data center, due to the poor agricultural and development qualities of the property; its location sandwiched between the Interstate and a large, regional sewage treatment plant; and the availability of resources which will not result in any increase in local utility costs,” the city said. “Further, this project will provide substantial benefit to the local community.”

Founded in 2022, PowerHouse is a wholly-owned division of American Real Estate Partners. The company has projects in operation and development across Virginia, Texas, North Carolina, Kentucky, Indiana, Illinois, Nevada, and Pennsylvania. The company’s pipeline reportedly totals more than 6GW of capacity.

PowerHouse and Poe have previously partnered on a planned campus south of Louisville on 150 acres in the city’s Rubbertown district. The first phase, offering 130MW of capacity, is expected to be operational by the end of 2026. Announced in 2025, the PowerHouse Louisville campus could total 400MW at full build-out across seven buildings.

Founded in 1989, Poe develops multifamily, industrial, and hospitality properties across the US. The Louisville project is seemingly Poe’s first data center development.

On LinkedIn, Carroll County economic development director Matthew Dusing said this is the second hyperscale data center project that is showing significant interest in Carroll County.

“Projects of this scale come with real considerations and the Fiscal Court is dedicated to ensuring any project that moves forward is structured well and done right for Carroll County,” he said.

In its announcement, the city of Carrollton noted that due to Kentucky's existing utility infrastructure, including fiber optic cables and electricity availability, it believes Kentucky, and the I-71 corridor in particular, will “inevitably see one or more data centers being built.”

“Accordingly, we believe that if any data center is built in Carroll County, a data center should be built at this site, because this location minimizes, if not eliminates, all of the potential [negative] effects,” the city said.