Filters:
AI Data Center Project Portfolio
Facilities Tracked
7
Known Headline Planned IT Capacity
7,790 MW
Excludes Microsoft Fairwater (not disclosed)
Under Construction / Development
5
Facilities with Expansion Signals
6
Identified EPC/GC Contacts
15
EPC/GC Companies Represented
4
High Permitting-Risk Facilities
6
Construction Status
Planned Capacity by Facility (MW)
Portfolio by State
Cooling Architecture Distribution
Hybrid
4
Direct-to-Chip
2
Air
1
Portfolio Summary
| Facility | State | Owner / Operator | Status | Headline MW | Cooling | Go-Live | EPC / GC | Permit Risk |
|---|---|---|---|---|---|---|---|---|
| Vantage Data Centers – Frontier AI Mega-Campus | Texas | Vantage Data Centers | Under Construction | 1,400 | Hybrid | H2 2026 target for first building; (range Q4 2026–2027) | Kiewit Corporation and Turner Construction | High |
| Applied Digital – Polaris Forge 2 AI Campus | North Dakota | Applied Digital Corporation | Under Construction | 200 | Direct-to-Chip | Partial initial operation/energization targeted late 2026; full first-phase operation targeted early 2027 | Mortenson and Adolfson & Peterson Construction and Century Builders | High |
| DataBank – Red Oak AI Campus | Texas | DataBank; Oracle identified as tenant for first four buildings via Texas tax-exemption list | Under Construction | 240 | Hybrid | Q3 2026 first building; first four buildings by end-2027 | Rogers-O’Brien Construction and Yates Construction | High |
| Microsoft Fairwater AI Datacenter Campus | Wisconsin | Microsoft | Operational | — | Direct-to-Chip | Equipment startup began April 2026; Fairwater 1 fully operational June 2026 | Walsh Construction | Medium |
| Digital Realty – Silicon Valley SJC37 Data Center | California | Digital Realty Trust, Inc. | Shell Complete | 48 | Air | No firm go-live; 2028 earliest / may sit empty for years | Schuff Steel | High |
| Stargate – Lighthouse Campus (OpenAI / Oracle / Vantage) | Wisconsin | Vantage Data Centers as developer/operator; Oracle cloud operator; OpenAI anchor AI compute partner | Under Development | 902 | Hybrid | 2028 scheduled completion | Whiting-Turner, The Weitz Company and Turner–McCarthy JV | High |
| Meta Hyperion / Richland Parish Data Center Campus | Louisiana | Meta Platforms, Inc.; Hyperion JV with funds managed by Blue Owl Capital | Under Construction | 5,000 | Hybrid | 2030 target for original large buildout; expanded 5 GW schedule not fully disclosed | Mortenson / Turner Construction / DPR Construction. US Engineering and Faith Technologies as mechanical / electrical trade partners | High |