Deals Counterparts

QTS targets two new data center campuses in Georgia and expands in Texas

Development Data Center announced Blakely, United States Mar 13, 2026
USD2.3B
Deal Value
development
Stage
Project Blue Hole
Project

QTS, owned by Blackstone, is targeting two new data center campuses in Georgia, including a 12 million sq ft campus in Blakely and a campus in Augusta with investments set to total over $2 billion. Additionally, QTS is expanding its DFW2 campus in Wilmer, Texas, with two new buildings totaling 363,500 sq ft and a $290 million investment, with construction starting in July 2026.

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Source Intelligence

KEY DETAILS

The Blakely campus could total 12 million sq ft (1.11 million sqm). The Blakely project will use a closed-loop cooling system. QTS is also developing a campus in Augusta, Georgia, on more than 170 acres, which could total six data center buildings, with the first planned for completion as soon as 2027. Construction has reportedly begun in Augusta. QTS is expanding its DFW2 campus in Wilmer, Texas, with two new buildings (DC5 and DC6) at 421 Mason Road, totaling 363,500 sq ft (33,770 sqm). Construction on the DFW2 buildings would start in July 2026 for a September 2027 completion date.

Deal Size
QTS is looking to develop a campus on more than 170 acres between the Hayne’s Station and Captain’s Corner neighborhoods near Fort Gordon, with investments set to total more than $2 billion. ... Both buildings, located at 421 Mason Road, would be two-story facilities totaling 363,500 sq ft (33,770 sqm) and see $290 million invested.
Location
The company has filed to develop a campus in Blakely in the southwestern corner of Georgia. ... The project address in the filing shows undeveloped land off Martha Berry Highway, close to Early County Airport.
Announcement
March 13, 2026 By Dan Swinhoe
Expected Close
The campus could total 12 million sq ft (1.11 million sqm), achieving full build-out by the end of 2035.
PARTIES MENTIONED IN SOURCE
Q
QTS developer

"QTS targets two data center campuses in Georgia. The company has filed to develop a campus in Blakely in the southwestern corner of Georgia. It has also been named as the developer behind a project in Augusta, on the eastern side of the Peach State. In Texas, the firm has filed to expand its in-development campus in the Dallas-Fort Worth area."

B
Blackstone investor

"The Blackstone-owned company has filed a Developments of Regional Impact (DRI) application with the Georgia Department of Community Affairs for a new campus in the city of Blakely."

high quality Enriched Mar 13, 2026

Timeline

Announced
Mar 13, 2026
Signed
Closed

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