PowerHouse expands footprint into Nevada
Jan 22, 2024 | Posted by Abdul-Rahman Oladimeji
PowerHouse Data Centers, a joint venture between American Real Estate Partners (AREP) and Harrison Street – this week announced that it has expanded out of Virginia and into Nevada with plans for a new campus in Reno. The company closed on the site of PowerHouse Reno; a three-building, 900,000 square foot (83,610 sqm) powered shell data center campus being developed in the Tahoe Reno Industrial Center.
Doug Fleit, co-founder and CEO of AREP and PowerHouse said, "As the growth of AI throughout all industries continues to push hyperscale demand roll out, sites like PowerHouse Reno will serve the market with near-term power delivery at attractive costs with reliable renewable energy components. This is another important addition to our portfolio of data centers and we are extremely pleased to be continuing our relationship with Harrison Street as our partner in this venture."
Michael Hochanadel, managing director and head of digital for Harrison Street, added, "The expansion of the PowerHouse platform into the highly connected and desirable Reno market is an important step in addressing the challenges facing leading technology firms. PowerHouse is well-positioned to capitalize on evolving customer requirements, and our Reno location aligns with the needs of the market. We look forward to further expansion across the U.S. in the future."