Tract, a developer of master-planned data center parks, recently announced its acquisition of a 2,069-acre land parcel in Buckeye.
The land acquisition will be one of the largest data center parks in the United States, anticipating up to 20 million square feet of data center space across as many as 40 individual data centers at full build-out.
Tract is currently working with the local utility on plans for long term growth with new power infrastructure which could support up to 1.8GW. The land parcel sold for $136 million and the long-term plan is for the data center to create a $20 billion development when complete.
Phoenix is consistently recognized as one of the top three data center markets in the United States.
Source: https://azbigmedia.com/real-estate/136-million-land-deal-brings-20-billion-development-to-buckeye/
