Stream Data Centers increases planned investment in New York data center campus to $19.46 billion

Stream Data Centers is expanding its planned development at the STAMP campus in Genesee County, New York, increasing the capital investment to $19.46 billion. The project, known as Project Double Reed, will develop 130 acres into a campus with 2.2 million sq ft across three buildings, offering approximately 500MW of capacity. This significant investment, undertaken in collaboration with an unnamed Fortune 50 company, represents a substantial expansion from the initial $6.3 billion plan and highlights the growing demand for data center infrastructure.

Counterparts (2)

Partner

F

Fortune 50 company

company

Dallas-based global telecommunications giant, operating extensive wireless and fiber networks across the United States and Mexico. Focuses on providing mobile, broadband, and business services, with over 160,000 employees.

Developer

Stream Data Centers

company

Stream Data Centers is a leading developer and operator of highly resilient, scalable, and secure data center facilities. They specialize in delivering build-to-suit, hyperscale, and colocation solutions for enterprise and cloud customers, with a strong focus on energy efficiency and operational excellence. The company partners with institutional investors to fund its development pipeline.