Data Center Development

Palmetto Bay's vice mayor plans to introduce a village-wide data center ban, the third South Florida jurisdiction to move against the use since July.

The state's grid already had the interconnection built. That is the whole pitch.

Both companies told FERC a signed data center power deal can be canceled or rewritten after the money is committed, a new underwriting risk.

The pricing on this raise is the new comp for what the debt window looks like for anyone building data centers right now.

The county's staff report spells out the one line that decides who gets in before the freeze: a completed application, not a filed one.

Amazon is adding a third Shreveport-area data center campus for $6B, pushing its Northwest Louisiana total to $18B in six months.

A unanimous no vote and a moratorium lawsuit in Georgia are the same playbook Palm Beach County developers have run into twice this year.

The chipmaker's bet on a company that sells power-backed sites, not buildings, shows where the AI infrastructure bottleneck actually sits.

A stranded federal industrial site becomes the collateral for a $105 billion guarantee, and a preview of how site selection works when power is the asset.

The chip maker is buying into the company that turns interconnection queues into an inventory problem, not a single Ohio-sized campus bet.

SB Energy's Pike County campus carries 35,000 construction jobs and a financing template GCs should understand before bidding hyperscale work.

A developer shopping a data center construction loan now has an actual counterparty list, and a vehicle-type breakdown showing where the real money sits.

Georgia's PSC pushed its deadline on Georgia Power's 3.2 GW OpenAI contract to Aug. 26, the regulatory step now gating Project Camellia's power.

Palm Beach County passed Florida's first data center moratorium in July; Manatee, Lakeland, Flagler and Hernando have followed since June.

BofA's $250B infrastructure pledge counts lending, advisory fees and co-investments over 18 months, not new balance-sheet capacity.

The non-traded REIT's second-quarter filing is a clean read on where institutional capital is rotating out of and into.

No grid interconnection, no wait. Amazon just showed developers the workaround.

Iron Mountain's 16MW Westview data center used a zoning code loophole to skip a public rezoning hearing, and Metrobloks is doing the same nearby.

Six MOUs, no signed checks yet, and a developer's cost of capital just moved anyway.

Fermi signed TensorWave to a 15-year, $6.5B lease at Project Matador in Carson County, Texas, its first anchor tenant on the power campus.

The largest AI spender just put a price on local consent, and every smaller developer now has to match it or explain why not.

Anthropic, Macquarie Asset Management and GIC launched Theseus Infrastructure to fund, build and lease hyperscale data centers to Anthropic.

PPL and Blackstone's Invitium Energy locked up 5+ GW of gas turbines and PJM queue slots for Pennsylvania data centers, up to $15B through 2032.

Abbott ordered PUCT and ERCOT to audit every data center in the 474 GW interconnection queue; ERCOT has already suspended its Aug 7 large-load notice.

Microsoft is voiding its own approved property-tax breaks on three metro-Atlanta data centers, part of a pledge to stop asking for local abatements.

A company that has always kept its data centers to itself is now renting them out, and the reason is the free cash flow line, not the compute.

AWS filed Texas permits for Project Eagle, a $1.2B, four-building campus in Wharton County, and Horizon Junction, a three-building campus near Floydada.

Duke Energy will issue $10 billion in equity through 2030 to fund the gas and battery buildout its 7.8GW of signed data-center contracts already require.

Getting to yes on a hyperscale site in this state is the exception. Developers should be pricing that scarcity, not the protest noise.

Brookfield and NextEra will build a $100B AI data center campus on DOE former Paducah, Kentucky uranium site, paired with 4.6GW of on-site power.

Duke Energy's Q2 2026 call put signed data center power deals at 7.8GW and forward pipeline at 15.4GW, with Florida and Indiana leading.

Blue Owl's Stack Infrastructure paid $66.4M, about $935,000 an acre, for 71 acres in Culpeper, Virginia, a secondary market data centers are pushing into.

A voluntary permit withdrawal in Lake County is a preview of how litigation, not power, is starting to set the pace on hyperscale land.

A South Florida company is putting its capital into rural Arkansas power capacity instead of home-market land, and that says something about where site selection is headed.

Expedited Bill 19-26 and a companion zoning measure pause data center permitting countywide, with no carve-out for projects already in review.

The floor on Meta's AI buildout just moved up $5 billion, and every developer bidding on power-served land is now competing against that budget.

With the General Assembly out of session, the ask for a Virginia data center pause has moved from a bill to the governor's desk.

Coupons of 5.00% to 5.80% on the new notes show what the largest data-center landlord is paying to fund the AI-driven buildout.

The capital structure, not the compute, is the story: this is the financing template gigawatt-scale AI campuses are about to run on.

The company's own SEC filing breaks the megawatts out by site, a figure the trade coverage did not carry, and shows where gigawatt-scale AI construction is actually landing.

The company's own July 28 release confirms it will carry the grid buildout itself. The land-sale math underneath, unpublished elsewhere, shows why cheap rural acreage now beats scarce urban sites.

Siting politics, not power, just killed a campus in the country's densest data-center submarket.

An 81-key extended-stay box west of the turnpike. The tempting read is data-center labor housing. The record says otherwise.

The physics arrived before the rulebook. Both are now priced into where a campus can go.

The siting standards were adopted before the tenant was named, and the land traded twice on the way there.

Cost allocation is being written state by state, so the regulator you land under is now a site-selection variable.

Taking data center work means running four times the monthly volume through a safety program built for something else, and the exposure lands on your EMR.

Four offers in a month. The world's largest industrial landlord is close to buying Europe's, and the deadline to put up or walk away is August 12.

The dominant development story of the cycle is a spending curve, and even a booming cloud business could not keep the market from flinching.

The gating factor for data centers has moved from power to politics, and a substation 67 feet from bedrooms is the new front line.

The site chase now follows the power. OpenAI locked 3.2 GW from Georgia Power before pouring a single footing.

One platform, 51 campuses, 6.4 gigawatts, and a fresh $5 billion to build more.

Power availability gated site selection. Cost allocation is becoming the next gate.

The constraint on AI infrastructure stopped being demand and became interconnection. That changes where you can build, not whether.

Power was the gating factor. Local politics is now the second one, and it is not evenly distributed.

This is not a denial of a project. It is a category-level exclusion drafted before anyone applies.

Moratoriums are a zoning risk. Attaching labor conditions to the utility rate is a different failure mode: the project still gets approved, it just stops penciling.

Power gets built first and the load follows. Mississippi County, Arkansas is the clearest example yet of generation-led site selection.

Private capital is still racing into data centers. The public market just flinched. Watch which one is early.

Power is not the only thing that stops a data center. In western Palm Beach County, the rural community did.

The first tenant deal on a 1.2 GW platform confirms where the power, and the capital, is landing: the low-friction Texas grid.

The price of a megawatt is now the first line of every data center pro forma. PJM just published it, and the number is the ceiling.

The interconnection queue is a two-to-four-year tax on a site. The biggest name in private credit just financed the detour around it.

A county of 6,743 people just landed a gigawatt. The interconnect is the reason.

A near-$1B foreign manufacturer absorbed finished North Texas industrial instead of breaking ground.

Power, not land or zoning, is the binding constraint, and Meta's Louisiana build shows how far hyperscalers will go to lock it up.

The binding constraint on AI infrastructure is shifting from power to the county dais.

Fully entitled data-center ground in Data Center Alley has never been scarcer, and the per-acre number proves it.

A housing-policy week from Washington to the states, a first sign of data-center cooling, and a capital market that would not sit still. The week that was in US development.

As data center load strains the grid, a growing bloc of states is writing rules to ensure hyperscalers, not households, foot the bill.

The Coral Gables infrastructure giant bulks up on electrical capacity to ride surging demand for data center and mission-critical power.