Texas: Former Compaq Computer campus gets investment for AI data center upgrade

A Houston, Texas, facility has received $40 million in investment to be upgraded as an artificial intelligence (AI) data center. This site is located at 11445 Compaq Center W. Drive and is part of the 66-acre Viva Center campus at State Highway 249 and Louetta Road. The $40 million will be used at the recently rebranded "Viva Center" to install energy-efficient windows, LED lighting, new HVAC systems, and high-efficiency plumbing upgrades for the first phase of the data center.

The first phase is currently around "50 percent complete" and should be operational in the next six to nine months, according to Sean Ribble senior director of originations at Nuveen Green Capital. At full buildout, Viva Center will offer 250 megawatts of power, a chilled water plant, and a natural gas pipeline for energy generation.

“At Viva Center, our commitment to technological innovation and forward-thinking design drives the integration of state-of-the-art building systems,” Freddy Vaca, president of VivaVerse Solutions, said. “Partnering with Nuveen Green Capital and Lone Star PACE has been instrumental in aligning our advanced sustainability objectives with our investment returns.”