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Data centers · Project atlas

Every major AI data center project, by site, megawatt and status

The named US AI megaproject pipeline as of September 2026 totals more than 9 GW by 2029 across OpenAI's Stargate sites alone, with Meta's Hyperion targeting 5 GW in Richland Parish, Louisiana, Amazon's New Carlisle, Indiana campus permitted to 2.3 GW of facility power, and xAI's Colossus 2 in Memphis running toward a permanent 1.2 GW simple-cycle gas plant.

Key takeaways

  • OpenAI's Stargate program is a $500B, 10 GW commitment, with Epoch AI's tracker totalling more than 9 GW across named sites by 2029.
  • Meta's Hyperion in Richland Parish, Louisiana targets 5 GW across 2,250 acres, financed with $3B of Blue Owl equity and $26B of PIMCO debt.
  • Amazon's New Carlisle, Indiana campus runs at 910 MW of IT power now, projected to 1,925 MW by Q1 2028, with air permits indicating 2.3 GW of facility power.
  • xAI's Colossus 2 in Memphis is permitted for a 1.2 GW, 41-turbine simple-cycle gas plant, with Clean Air Act litigation attached.
  • The Virginia Digital Gateway and Fermi America's Project Matador show that announced gigawatts are not capacity.
The Landside Signal

A quarterly brief on powered land, port capacity and air-cargo gateways, plus the Powered Land and Gateway Pricing Benchmarks data file.

  • Dollar per megawatt and dollar per acre benchmarks by market, with the substation-distance and voltage premiums applied
  • Every committed United States port capacity opening from 2026 through 2035, with cost, TEU and date
  • Airport-adjacent rent premiums by gateway, and the constraint map that drives them
  • The named project pipeline: site, megawatts, developer, power source, status
  • Sources and periods for every cell. Nothing unattributed.

One field. We do not sell the list, and the Signal is the only thing we send unless you ask us for something.

Stargate — OpenAI, Oracle, SoftBank and Crusoe

The Stargate program is a $500B, 10 GW commitment with more than $400B of spend over three years. The Oracle and OpenAI partnership alone is more than $300B over five years for 5.5-plus GW. Site detail below follows Epoch AI’s 17 April 2026 tracker, the most rigorous public accounting, totalling more than 9 GW by 2029 and roughly 20 million H100-equivalents.

Stargate sites, capacity, developer and status
SiteLocationCapacityDeveloperStatus as at April 2026Target
AbileneTexas0.3 GW now, 1.2 GW at completionCrusoeOperational, 4 of 8 buildingsQ4 2026
Shackelford CountyTexas2.0 GWVantageEarly construction, 1,200 acres, 10 buildings, on-site gas microgridQ4 2028
Dona Ana County, Project JupiterNew Mexico2.2 GWSTACKFoundations, 4 buildings, dual gas microgridsQ4 2028
Milam CountyTexas1.2 GWSB EnergySteel framing, fast-buildQ4 2028
Port Washington, LighthouseWisconsin1.3 GWVantageFoundations, 70% renewable targetQ4 2028
Saline Township, The BarnMichigan1.4 GWRelated DigitalFoundations, project-financed battery storageQ4 2028
LordstownOhioUnder 0.3 GWSoftBank and Foxconn joint ventureLand cleared, minimal constructionUnknown
Seven named Stargate sites with location, capacity, developer, construction status as at April 2026 and completion target.

Two patterns matter for site selection. At least three Stargate sites use on-site natural gas to bypass the interconnection queue entirely, and at least six use closed-loop liquid cooling. Capacity figures for Shackelford, reported at 1.4 GW by Fierce against 2.0 GW by Epoch, and for Dona Ana differ by source. Epoch is the better-maintained tracker.

Meta

Hyperion in Richland Parish, Louisiana targets 5 GW, with 1.5 GW by the end of 2027 and 2 GW by 2030, across 2,250 acres and 4 million square feet. The financing is the more instructive fact: $3B of equity from Blue Owl Capital plus $26B of debt from PIMCO, arranged by Morgan Stanley — the template for off-balance-sheet hyperscale development. Power comes from three combined-cycle gas plants totalling roughly 2.25 GW at about $4B, plus a 100-mile 500kV Entergy line at $1.2B and six on-site customer substations, alongside 1.8 GW of solar and wind and 150 MW of geothermal.

Prometheus in New Albany, Ohio is multi-gigawatt, targeted online in 2026, on 740 acres, and built with rapid deployment structures — weatherproof fabric tent buildings, a genuine break in construction methodology. A behind-the-meter Socrates South gas facility, 200 MW approved and 400 MW eventual, is built and operated by Will-Power, a Williams Companies venture, with two 24-inch pipelines, alongside roughly $1.7B of AEP transmission upgrades in PJM on a seven to ten year horizon.

Meta Compute, established 12 January 2026, is co-led by Santosh Janardhan and Daniel Gross, formerly chief executive of Safe Superintelligence, with Dina Powell McCormick hired for sovereign partnerships. Third-party cloud commitments total roughly $47B or more: Google at more than $10B, CoreWeave at $14.2B, Nebius at $3B, and approximately $20B under discussion with Oracle.

xAI Colossus in Memphis

Colossus 1, in a former Electrolux plant on Paul R. Lowry Road, was built in 122 days and scaled from roughly 8 MW of grid power to about 150 MW, with 168 Tesla Megapacks. In May 2026 Anthropic agreed to rent essentially all of its capacity — a notable second life for an H100 and H200 fleet.

Colossus 2, known as Macrohard, sits on Tulane Road in Whitehaven in a warehouse acquired in February 2025 for roughly $80M. Its first major cluster came online in about 91 days in January 2026, scaling to between 300,000 and 350,000-plus GPUs by mid-2026, with the first cluster at roughly 210 MW. Power comes from a behind-the-meter gas plant in Southaven, Mississippi, with 50 to 70 temporary mobile turbines being phased out and a permanent 1.2 GW, 41-turbine simple-cycle plant permitted in March 2026.

The litigation is the site-selection lesson. The NAACP filed a federal Clean Air Act suit in Mississippi in April 2026, represented by the Southern Environmental Law Center and Earthjustice, alleging unpermitted operation and disproportionate impact on Black communities. In June 2026 the Department of Justice moved to intervene and dismiss on national, economic and energy security grounds. An agreed order with Mississippi regulators sets a July 2027 deadline to remove the temporary turbines. Behind-the-meter generation solves the queue and creates a permitting and community-relations exposure in its place.

Amazon — Project Rainier, New Carlisle, Indiana

Project Rainier runs at 910 MW of IT power now, projected to 1,925 MW by the first quarter of 2028, with capex moving from $34.5B to a projected $72.9B according to Epoch AI. Amazon has deployed 1,045,000 Trainium2 chips, with buildings 19 to 32 slated for Trainium3. Buildings 1 to 7 went operational in June 2025 and buildings 12 to 16 in March 2026, with expansion completion in March 2028. Air permits indicate 2.3 GW of total facility power. The campus uses direct air cooling with no external cooling infrastructure. Separately, AWS has announced a $50B, 1.3 GW US government AI buildout beginning in 2026.

Microsoft — Fairwater

Fairwater at Mount Pleasant, Wisconsin is a $7.3B, 315-acre campus of three buildings totalling 1.2 million square feet, which went live ahead of schedule in April 2026 — 46.6 miles of deep foundation piles, 26.5 million pounds of structural steel and 120 miles of medium-voltage cable. Fifteen additional buildings were approved in January 2026. The Atlanta Fairwater, launched in November 2025, is two storeys and runs without UPS or generator sets. Microsoft’s Atlanta investment is reported at $1.8B with a new cloud region in 2027.

Google, Anthropic and the neoclouds

Google has committed $40B in Texas through 2027 across Armstrong County, two Haskell County sites, a Midlothian expansion and a Dallas cloud region — announced 14 November 2025 and described by Governor Abbott as Google’s largest state investment. Add Oklahoma at $9B with a 506-acre Tulsa County campus, Iowa at $7B, Montgomery County Missouri at $15B, and India at $15B.

Anthropic announced a $50B US data center program with Fluidstack on 12 November 2025, with custom sites in Texas and New York and roughly 800 permanent plus 2,400 construction jobs; a multi-gigawatt Google and Broadcom TPU commitment announced 6 April 2026 with capacity online from 2027; and a $30B Azure commitment. Megawatt figures for the Fluidstack sites are not disclosed.

CoreWeave reported second-quarter 2026 revenue of $2.575B against $1.212B a year earlier, with 1.5 GW of active power, up roughly 500 MW in the quarter, about 3.7 GW contracted, a target of 5 GW more by 2030, and a backlog of roughly $104B at 30 June 2026 plus more than $25B of net new commitments in early Q3.

Nebius holds $19.4B over five years from Microsoft for more than 100,000 GB300s and $3B over five years from Meta, targeting roughly 2.5 GW contracted and 800 MW to 1 GW connected by the end of 2026, with all available capacity sold out. Sites include 300 MW in New Jersey with DataOne.

Sovereign and Gulf programs

Stargate UAE targets 200 MW in phase one in the third quarter of 2026, scaling to 1 GW, with Khazna of G42, OpenAI, Oracle, Nvidia, Cisco and SoftBank, inside Abu Dhabi’s 5 GW, 19.2 square kilometre UAE-US AI Campus. The United States authorized export of up to 35,000 Nvidia Blackwell chips to G42. SoftBank separately announced a 5 GW, 75 billion euro program in northern France with a 3.1 GW first phase. Damac Digital claims 6 GW across 13 countries.

Two cautionary projects every landowner should know

The Virginia Digital Gateway in Prince William County was abandoned on 2 July 2026. It was 2,100 acres, 22 million square feet and gigawatt-scale, and would have been the world’s largest. Virginia courts invalidated the rezoning in March 2026 because the newspaper notices for the approval hearing were not separated by the six days state and local code require. The county declined to fund further appeals, Compass exited, and QTS dropped its Supreme Court appeal.

Fermi America’s Project Matador in Amarillo, Texas was proposed at 11 GW and later 17 GW adjacent to the Pantex plant, having raised $746M in an October 2025 initial public offering. The anchor tenant’s exclusivity expired and it withdrew in late 2025. Satellite imagery through April 2026 showed no buildings had begun construction against a plan for 1 million square feet by April 2026 and 1 GW by year end. The chief financial officer warned of surrendering collateral to preserve liquidity and the chief executive departed on 17 April 2026. Announced gigawatts are not capacity.

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The Landside Signal

A quarterly brief on powered land, port capacity and air-cargo gateways, plus the Powered Land and Gateway Pricing Benchmarks data file.

  • Dollar per megawatt and dollar per acre benchmarks by market, with the substation-distance and voltage premiums applied
  • Every committed United States port capacity opening from 2026 through 2035, with cost, TEU and date
  • Airport-adjacent rent premiums by gateway, and the constraint map that drives them
  • The named project pipeline: site, megawatts, developer, power source, status
  • Sources and periods for every cell. Nothing unattributed.

One field. We do not sell the list, and the Signal is the only thing we send unless you ask us for something.

This research was produced by Landside Partners, a commercial real estate research and advisory firm working with owners of industrial land across North America on data center, seaport and air-cargo demand. To have a specific parcel assessed, contact Brad Cohen at Landside Partners.

  • Data Centers — Pillar: US data center demand, vacancy and the pipeline that has to find land, Q2 2026.
  • Data Center Land Pricing — Per-acre land pricing and the three measured premiums buyers pay for powered land, Q2 2026.
  • Data Center Power — Interconnection queues, tariff orders and behind-the-meter generation as land constraints, Q2 2026.
  • Floating and Subsea Data Centers — Floating barge and subsea data center siting, marine regulation and riparian access, Q2 2026.
  • Ports — Pillar: committed, funded and dated US gateway capacity and near-port industrial pricing, Q2 2026.

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