Apr 21, 2025 | Posted by Abdul-Rahman Oladimeji
Israeli data center developer NED this week announced the groundbreaking of the first phase of its debut Alpha Campus, a $350 million AI and cloud data center project.
In development through a partnership with real estate firm Levinstein and investment firm Goldacre, NED is developing a 35,000 sqm (376,735 sq ft), 42MW campus. Electra Limited will construct the campus, which is expected to become operational in 2027. The Alpha Campus is described as situated on Israel’s central Mediterranean coast, just 20km (12.42 miles) from the Tel Aviv metropolitan area. Previous reports suggest the companies had acquired land in the northern Tel Aviv metro area within the city of Netanya.
Daniel Efrati, CEO of NED, said: “The Alpha Campus represents a bold step forward for Israel’s digital infrastructure. As AI continues to drive innovation and economic growth, this facility will not only support the region’s technological needs but also serve as a global benchmark for sustainable and secure data center design. At NED, we are proud to be at the forefront of building the critical infrastructure that powers the next generation of breakthroughs.”
