Sep 01, 2023 | Posted by Abdul-Rahman Oladimeji
Novva Data Centers has won an auction for a piece of land in Mesa, Arizona. This week, the company purchased 165 acres of state land in southeast Mesa for $62.7 million, according to BizJournal and AZCentral.
Wes Swenson, the chief executive officer of Novva, was the sole bidder for the plot along Warner Road and Loop 202, located in the Hawes Crossing master-planned community on more than one thousand acres. The company will begin finalizing a plan for the site; it intends to present plans to the city planning & zoning board by the first quarter of 2024, and construction could begin in 2025. The CEO informed AZCentral that Novva could invest up to $5 billion over seven years.
Wes Swenson, the former CEO of C7, launched Novva in 2020 with $95 million from CIM and initial intentions to build a $1 billion hyperscale facility in West Jordan, Utah. The company launched the campus' 300,000-square-foot first phase late last year, and it plans to expand the building to 1.5 million square feet over four phases. Since acquiring a 6MW facility in Colorado Springs, the company has announced intentions to expand it to 30MW for $200 million.
