What is the latest status of the project “AI Data Center Land Acquisition in Salem Township”?

The status recorded for “AI Data Center Land Acquisition in Salem Township” is completed.

What is the budget and commercial profile for the project “AI Data Center Land Acquisition in Salem Township”?

Taiyo normalizes the budget of “AI Data Center Land Acquisition in Salem Township” to USD 586000000.

Where can I verify the source and access all details for “AI Data Center Land Acquisition in Salem Township”?

This Taiyo project page references Yahoo! Finance Canada along with the original URL (https://ca.finance.yahoo.com/news/pennsylvania-families-sold-1-700-145612836.html). Taiyo standardizes official data into a consistent, searchable project profile.

AI Data Center Land Acquisition in Salem Township

Sector: Data Center • Location: Salem Township, Pennsylvania, United States

Source: Yahoo! Finance Canada

Project

Completed

A land acquisition project where 96 families in Salem Township, Pennsylvania sold approximately 1,700 acres of farmland to a Blackstone-owned firm, QTS, for $586 million to develop AI data centers. This is part of a larger AI data center buildout and land rush in the area, with speculation of a second land deal potentially totaling $1.3 billion.

Status: Closed
Sector: Data Center
Location: Salem Township, Pennsylvania, United States of America
Updated: 22 Jul 2026
Source: Yahoo! Finance Canada

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Project Information

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The project “AI Data Center Land Acquisition in Salem Township” is an infrastructure initiative in the Data Center sector, located in Salem Township, Pennsylvania, United States. Taiyo aggregates data on it from Yahoo! Finance Canada.

Participants

Not available for this record.

Status

Original status	completed
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	A land acquisition project where 96 families in Salem Township, Pennsylvania sold approximately 1,700 acres of farmland to a Blackstone-owned firm, QTS, for $586 million to develop AI data centers. This is part of a larger AI data center buildout and land rush in the area, with speculation of a second land deal potentially totaling $1.3 billion.
Original sector	Technology
Budget

Location

Country	United States of America (USA)
State	Pennsylvania
City	Salem Township

Source

Source	Yahoo! Finance Canada
URL

More Details

Record type	Project
Sector	Data Center
Article published date	2026-07-20

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AI Data Center Land Acquisition in Salem Township

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