PowerHouse Data Centers, a developer and owner of next-generation data centers backed by a joint venture between American Real Estate Partners (AREP) and Harrison Street, acquired 145 acres in Spotsylvania, Virginia to serve as the site of the PowerHouse 95 data center campus.
Powerhouse 95, which will serve the data-intensive needs of hyperscale users in northern Virginia, is located along the I-95 corridor in proximity to existing electrical infrastructure. PowerHouse 95 will have three 300 MW substations, with the first currently under development and expected to provide 150 MWs by October 2025. Upon completion, the first substation will provide enough power to construct up to eight or more high-density data centers. Harrison Street and AREP will have the flexibility to develop between four to eight powered shells and two additional substations, maximizing optionality for hyperscale tenants.
“PowerHouse 95 is located at the epicenter of one of the fastest growing data center markets in northern Virginia,” said Michael Hochanadel, Managing Director and Head of Digital at Harrison Street. “This is yet another impressive venture between Harrison Street and PowerHouse and demonstrates our collective ability to identify high-quality solutions for the hyperscale community. Our ongoing partnership with AREP continues to accelerate the development of highly sought after data centers that address increasing demand driven by high-powered computing, AI, and other advancements. We look forward to further expanding the Powerhouse platform in both northern Virginia and across key regions in the U.S to deliver the best and fastest solutions to customers. ”
This purchase marks one of two recent transactions for the JV, following the announced closing on the PowerHouse Reno site. In addition to closing on PH 95 and PH Reno, PowerHouse has four developments underway in northern Virginia totaling over 700 MW.
