Deals Counterparts

Takanock to develop two data centers and a natural gas power plant near Luke Air Force Base

Development Data Center announced Phoenix, United States Jan 19, 2026
700 MW
Capacity
development
Stage
Project Baccara
Project

DigitalBridge-backed Takanock is looking to develop two data centers and a 700MW natural gas power plant at West Olive Avenue and North Bullard Avenue. Construction is currently slated to begin in Q3 2026, with the first data center aimed to be online in Q1 2028 and the second in Q1 2030.

Deal Analysis

Takanock, backed by DigitalBridge, has announced plans to develop two data centers and a 700MW natural gas power plant near Luke Air Force Base in Arizona. The project, located at West Olive Avenue and North Bullard Avenue, is slated to begin construction in Q3 2026, with the first data center expected to be operational by Q1 2028 and the second by Q1 2030. Phoenix Data Hub, a data center provider, is also involved in the development, while EPCOR is listed as a supplier. The deal's value has not been disclosed. This development highlights the increasing demand for data center infrastructure and reliable power sources to support it. The co-location of a natural gas power plant with the data centers suggests a focus on energy efficiency and potentially reduced operational costs. The project's proximity to Luke Air Force Base may also indicate strategic considerations related to data security and government contracts.
  • DigitalBridge-backed Takanock is developing two data centers and a 700MW natural gas power plant.
  • The project is located near Luke Air Force Base, potentially indicating strategic importance.
  • Phoenix Data Hub, a data center provider, is involved in the development.
  • Construction is planned to begin in Q3 2026, with data centers coming online in Q1 2028 and Q1 2030.
Market Context: The data center market is experiencing rapid growth, fueled by increasing demand for cloud computing, big data analytics, and IoT applications. This growth necessitates significant investment in both data center facilities and the power infrastructure required to support them. Arizona is becoming an increasingly attractive location for data centers due to its relatively low energy costs and favorable business climate.

Source Intelligence

KEY DETAILS

Construction is currently slated to begin in Q3 2026, with the first data center aimed to be online in Q1 2028 and the second in Q1 2030.

Capacity
Takanock is looking to develop two data centers and a 700MW natural gas power plant at West Olive Avenue and North Bullard Avenue.
Location
Takanock is looking to develop two data centers and a 700MW natural gas power plant at West Olive Avenue and North Bullard Avenue.
Announcement
January 19, 2026
PARTIES MENTIONED IN SOURCE
T
Takanock developer

"Takanock seeks to develop in the Grand Canyon State"

D
DigitalBridge investor

"DigitalBridge-backed Takanock is looking to develop two data centers and a 700MW natural gas power plant at West Olive Avenue and North Bullard Avenue."

E
EPCOR service provider

"EPCOR will handle water and sewer services."

N
NTT Global Data Centers developer

"the two projects - proposed by NTT Global Data Centers and Takanock - are located in Mesa and near the Luke Air Force Base, respectively."

C
Corgan designer

"Corgan is in charge of the design of the campus"

C
Colliers Engineering & Design engineer

"Colliers Engineering & Design is the engineer."

medium quality Enriched Feb 19, 2026

Timeline

Announced
Jan 19, 2026
Signed
Closed

Market Context

This deal is part of the Data Center sector in United States.
137
Data Center deals
565
deals in United States
1 of 129 Data Center deals tracked this month · Updated daily

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