Polaris Forge 1 Data Center Campus Expansion
Sector: Water Supply and Storage • Location: North Dakota, United States
Source: Financial Content
Applied Digital is expanding its Polaris Forge 1 campus with a focus on AI and high-performance computing infrastructure. The project includes a 15-year lease agreement with CoreWeave for up to 400 megawatts, expected to generate $7 billion in contracted revenue. The build process has been optimized to reduce build times from 24 months to 12-14 months, with a proprietary liquid cooling design targ
- Status
- Under Construction
- Sector
- Water Supply and Storage, Power Generation (CCGT), Data Center
- Location
- North Dakota, United States of America
- Updated
- 22 Jul 2026
- Source
- Financial Content
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Applied Digital is expanding its Polaris Forge 1 campus with a focus on AI and high-performance computing infrastructure. The project includes a 15-year lease agreement with CoreWeave for up to 400 megawatts, expected to generate $7 billion in contracted revenue. The build process has been optimized to reduce build times from 24 months to 12-14 months, with a proprietary liquid cooling design targeting low power usage and near-zero water consumption. The campus is located in the Dakotas, leveraging abundant low-cost power and sustainability features to attract hyperscale tenants. |
Original sector | Digital Infrastructure |
Location
Country | United States of America (USA) |
State | North Dakota |
Source
Source | Financial Content |
URL |
More Details
Record type | Project |
Sector | Water Supply and Storage, Power Generation (CCGT), Data Center |
Article published date | 2025-08-14 |
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