PNK Group: Wisconsin Rapids

Latest Podcast 950 4th Ave N

Withdrawn

Project cancelled before construction

Wisconsin

State
Midwest US

Region
United States

Country
North America

Region
Americas

Region

PNK Group: Wisconsin Rapids

Year Built: 2026

Utility Provider: Consolidated Water Power Co.

Lot Size: 209 acres

PNK Group proposed a data center campus on about 209 acres of the former Verso paper mill in Wisconsin Rapids. The plan reused an existing mill building and added new ones, about 1.2 million square feet in all.

The Plan Commission recommended denial in September 2026. The city adopted a 12-month data center moratorium in October, and the Common Council denied the conditional use permit 7-0 on October 20, 2026.

Site History

October 2026: The Common Council denies the conditional use permit.
October 2026: Wisconsin Rapids adopts a 12-month data center moratorium.
September 2026: The Plan Commission recommends denial.
April 2026: The developer applies for a conditional use permit.

Map and Nearby Locations

950 4th Ave N

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Sites within 15 miles of PNK Group: Wisconsin Rapids

Distance	Site	About
1.89 miles	DPO: Wisconsin Rapids	Digital Power Optimization (DPO) has officially withdrawn from this project.
4.99 miles	Cloudnium: Port Edwards	Cloudnium operates a small colocation data center in Port Edwards, Wisconsin, one of its three campuses alongside Dallas and San Angelo.

Operating Company

PNK Group is a privately held industrial real estate company owned by Andrey Sharkov. Its U.S. business, PNK Group USA, is headquartered in New York City and has operated in the United States since 2017.

The company acts as investor, developer, engineer, manufacturer and general contractor on its own projects. It builds with a proprietary prefabricated system called the Building Assembly Set and produces large building components at its own plants in Georgia and Pennsylvania. Its U.S. portfolio includes industrial parks and build-to-suit sites in Pennsylvania, New Jersey, New York, Connecticut, Virginia, Georgia and Texas. The company reports more than 20 years of experience, with earlier work across Central and Eastern Europe and Central Asia.

PNK Group History:

In October 2026, the Wisconsin Rapids Common Council denied the company's conditional use permit for a data center campus at the former paper mill site in Wisconsin Rapids, Wisconsin.
In 2026, PNK Group proposed a data center campus on about 210 acres of the former Verso paper mill site in Wisconsin Rapids.
In 2022 and 2023, PNK Group opened production facilities in Georgia and Pennsylvania.
In 2017, PNK Group began operating in the United States.

Facilities

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