PowerHouse and Town Lane Acquire 122 Acres for 300 MW Campus in Charlotte, NC

Joint Venture to Develop a 2.5 Million-Square-Foot Data Center Campus.

Highlights

  • PowerHouse Charlotte to offer 300 MW of power, expandable to 500 MW by April 2027.
  • Located near downtown Charlotte with access to major highways and power sources.
  • New substation planned in collaboration with Duke Energy, over 50 percent of power from renewables.

Follow Us

PowerHouse and Town Lane Acquire 122 Acres for 300 MW Campus in Charlotte, NC
Town Lane, a real estate investment management firm, and PowerHouse Data Centers (PowerHouse), a real estate developer and owner of hyperscale data centers, announced the completed purchase of 122 acres in Charlotte, North Carolina, through a joint venture partnership between the two companies. The site will be the future home of PowerHouse Charlotte, a five-building, 2.5 million-square-foot data center campus offering 300 MW of secured power, with the potential to increase to 500 MW, by April 2027, according to a joint statement released by the companies last week.

Also Read: AtNorth Announces Second Data Center in Denmark with Heat Reuse




PowerHouse Charlotte Campus

Town Lane commented, "We recognise the ongoing demand for digital infrastructure, and Charlotte has emerged as a compelling data center market given its access to renewable power and connectivity. This is why we are excited to partner with an experienced developer like PowerHouse, which has proven technical and power procurement capabilities, to develop this site."

PowerHouse President and Co-founder added, "Our deep real estate relationships are foundational to PowerHouse's success and instrumental in our ability to reshape the data center development landscape. We have tremendous respect for Town Lane and are thrilled to collaborate on our first project together."

Also Read: 1547 CSR and Harrison Street Acquire Union Station Data Center in South Bend, Indiana

Location and Power Infrastructure

Located less than 10 miles from downtown Charlotte, the site offers connectivity via I-485 and Highway 49. It will initially access 15 MW of bridging power by Q4 2026, given its proximity to an adjacent substation, with plans for a new substation in collaboration with Duke Energy, delivering up to 500 MW of power, over 50 percent of which will come from renewable sources.

"The site is ideally located with near-term power already secured, offering unparalleled opportunity, connectivity, and access to carbon-free power," PowerHouse added.

Also Read: STT GDC Commits USD 3.2 Billion to Add 550MW of Data Centre Capacity in India

PowerHouse Data Centers

PowerHouse Data Centers, a wholly owned division of American Real Estate Partners (AREP), is a developer and owner of data centers, providing technical real estate solutions for hyperscalers across the country. According to the official release, the company has 30 buildings currently in planning or underway, representing over 2.3 GW of power in six major US markets.

Reported By

Telecom Analyst

Passionately following the Indian #Telecom Industry for over a decade from Business, Consumer and a Technical perspective. My primary focus area is Consumer & Digital Experience.

Recent Comments

TheAndroidFreak :

Anything with Dimensity 7*** and snapdragon 7s Gen 2/3. Not worth above 20K.

OnePlus 13 and Xiaomi 15 to Feature Qualcomm Snapdragon 8…

TheAndroidFreak :

Let's wait for 8s Gen 4 and 7+ Gen 4. 7+ Gen 4 is good upgrade over 7+ Gen 3.…

OnePlus 13 and Xiaomi 15 to Feature Qualcomm Snapdragon 8…

TheAndroidFreak :

Nope, I wanted you to test Vi sim in your new Moto phone. But that's not happening now. It's perfectly…

2 Years of 5G Launch in India: What's Happened

TheAndroidFreak :

Not going to buy anything from FK ever again. Sad state of affairs. I will be getting Moto Edge 50…

2 Years of 5G Launch in India: What's Happened

TheAndroidFreak :

You might be getting good speeds with Moto. There is no doubt about that. Speeds will be 200Mbps plus atleast.

2 Years of 5G Launch in India: What's Happened

Load More
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments