What is the latest status of the project “Beacon Point AI Data Center Campus Phase 1 Lease”?

The status recorded for “Beacon Point AI Data Center Campus Phase 1 Lease” is planned.

What is the budget and commercial profile for the project “Beacon Point AI Data Center Campus Phase 1 Lease”?

Taiyo normalizes the budget of “Beacon Point AI Data Center Campus Phase 1 Lease” to USD 9800000000.

Where can I verify the source and access all details for “Beacon Point AI Data Center Campus Phase 1 Lease”?

This Taiyo project page references Let's Data Science along with the original URL (https://letsdatascience.com/news/hut-8-signs-98b-lease-for-beacon-point-campus-7dc4cc0d). Taiyo standardizes official data into a consistent, searchable project profile.

Beacon Point AI Data Center Campus Phase 1 Lease

Sector: Data Center • Location: Nueces County, Texas, United States

Source: Let's Data Science

Project

Planned

Hut 8 signed a 15-year, $9.8 billion triple-net lease for 352 MW of IT capacity at its Beacon Point AI data center campus in Nueces County, Texas. The lease is with an undisclosed high investment-grade company and includes a 3% annual base rent escalator. The project is designed to Nvidia DSX reference architecture with initial energization expected in Q1 2027 and first data hall delivery expected

Status: Prospective
Sector: Data Center
Location: Nueces County, Texas, United States of America
Updated: 22 Jul 2026
Source: Let's Data Science

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Project Information

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The project “Beacon Point AI Data Center Campus Phase 1 Lease” is an infrastructure initiative in the Data Center sector, located in Nueces County, Texas, United States. Taiyo aggregates data on it from Let's Data Science.

Participants

Not available for this record.

Status

Original status	planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Hut 8 signed a 15-year, $9.8 billion triple-net lease for 352 MW of IT capacity at its Beacon Point AI data center campus in Nueces County, Texas. The lease is with an undisclosed high investment-grade company and includes a 3% annual base rent escalator. The project is designed to Nvidia DSX reference architecture with initial energization expected in Q1 2027 and first data hall delivery expected in Q3 2027. This lease raises Hut 8's contracted AI capacity to 597 MW and total base-term contract backlog to about $16.8 billion across two campuses.
Original sector	Infrastructure
Budget

Location

Country	United States of America (USA)
State	Texas
City	Nueces County

Source

Source	Let's Data Science
URL

More Details

Record type	Project
Sector	Data Center
Article published date	2026-05-09

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Beacon Point AI Data Center Campus Phase 1 Lease

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