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PowerHouse Data Centers and Poe Companies Partner for Kentucky's First Hyperscale Data Center Campus

In a significant move for Kentucky's tech landscape, PowerHouse Data Centers, a distinguished real estate developer focused on hyperscale data centers, has partnered with Poe Companies to create the state's first hyperscale data center campus in Louisville. This strategic collaboration aims to meet the increasing demand for advanced computing infrastructure, particularly for cloud services and artificial intelligence applications.

The Vision Behind the Project

The proposed campus will feature an impressive capacity of 400 MW, with the initial phase slated to provide 130 MW by October 2026. This endeavor is designed to surpass existing standards for data center infrastructure, making it a central hub for both regional and national tech operations. The joint venture signals a strong commitment to technological innovation in a location that continuously strives to position itself as a leader in digital infrastructure.

Collaborative Synergy

Both companies bring a wealth of experience and expertise to this initiative. Poe Companies has established itself as a premier developer known for its high-quality properties across the United States, while PowerHouse has successfully executed various strategic real estate projects nationwide. Through their combined efforts and shared vision, the partners aim to create a pioneering development that supports economic growth and job creation in Louisville.

Legislative Support and Economic Incentives

Recently, Kentucky's government endorsed a 50-year tax-exempt program specifically for data center projects in Jefferson County. The state's favorable legislation positions Kentucky as an attractive destination for data centers, owing to its appealing low-latency connections and operational advantages. Doug Fleit, Co-founder and CEO of PowerHouse, emphasized the advantages of Louisville, stating, "Louisville offers everything hyperscale users need – immediate and reliable power at very attractive rates, water, connectivity and a business environment that encourages more hyperscale growth in the region."

Infrastructure and Community Collaboration

The development will harness local resources effectively, with PowerHouse and Poe Companies working closely with local utilities, including Louisville Gas and Electric, to build necessary infrastructure like a new switch station to support the expansive energy demands of the data center. Louisville's abundant water supply, drawn from the Ohio River, ensures operational efficiency, crucial for cooling high-density computing setups. Mayor Craig Greenberg pointed out that the project is expected to create thousands of quality jobs, strengthening the local economy and attracting more tech enterprises.

Construction Timeline and Future Impact

Construction on the site is expected to begin in 2025, with the first building projected to be operational by the fourth quarter of 2026. Kentucky's Senate President, Robert Stivers, remarked on how this project serves as a catalyst for long-term economic growth within the region, establishing Kentucky as a business-friendly state. With such ambitious plans in place, the partnership marks an extraordinary milestone in the establishment of cutting-edge digital infrastructure in Louisville.

PowerHouse and Poe Companies: About the Developers

PowerHouse Data Centers operates under the umbrella of American Real Estate Partners and is recognized for pioneering next-generation data center developments across pivotal U.S. markets. The firm's unmatched speed to market and commitment to meeting the evolving needs of tech businesses position it as an industry leader.

Poe Companies, boasting over 37 years of extensive experience in multifamily, industrial, and hospitality projects, prides itself on premium developments across the nation. By collaboratively embarking on this transformative venture, both companies are on the verge of establishing a foundational era for Louisville in the tech arena. Through their joint efforts, they are resolute in turning Kentucky into a primary hub for technological advancements and high-quality real estate development.