Data center profile · Southeast corner of 48th Street and Thistle Landing Drive, Phoenix (Ahwatukee), Maricopa County, Arizona

Menlo Digital MD-PHX1

A 257 MW utility-feed, 180 MW IT speculative campus in Ahwatukee, Phoenix, under construction without a named tenant and facing organized opposition

Under construction. Shells and substation are being built: substation and shell due Q4 2026, data halls Q1 2027 (company schedule, about two quarters later than first promised). No tenant is named; residents, a county complaint and the state attorney general oppose it.
257 MW
utility feed (developer says)
through a dedicated on-site substation
180 MW
critical IT power (developer says)
20 halls: ten at 8 MW, ten at 10 MW
1.0M sq ft
five buildings on about 40 acres
204,480 sq ft per building
Q1 2027
data hall delivery (company schedule)
originally first shells in Q2 2026
OperatorMenlo Digital (Menlo Equities platform)
CustomerNone announced; marketed to hyperscalers
Planned IT capacity206 MW at full build-out (our estimate from the company or utility power figure)
First building in serviceOur estimate: 2029 or later (no dated power path yet); company says 2026.
Next deadlineDec. 2026: Substation and shell delivery due Q4 2026; data halls Q1 2027 (company schedule)
Power

Power and the grid

None energized or contracted yet

Salt River Project grid feedUtility named, terms not public
257 MW
developer-stated utility feed; no campus-specific service agreement published Company · Oct. 2026
Proposed

Getting on the grid

Who supplies what, what it costs, and what is still not public.

  1. 2025
    Large-customer rules apply
    SRP requires new loads of 20 MW or more to pay upgrade costs upfront and pay for at least 80% of forecast demand. Utility regulator · Oct. 2026
  2. As of Oct. 2026
    No service agreement found
    No campus-specific SRP agreement or study result is published; terms are visible only through SRP's general framework. Utility regulator · Oct. 2026
Permits

Permits checklist

1 withdrawn · 1 pending · 4 granted

Approvals a campus like this normally needs, and what we found.

Risks

What could slow it down

Money

Money on record

$51.25M
site purchase price in 2015 (press)
Menlo Equities bought the Thistle Landing office park News report · Sept. 2015
3-year pause
new Arizona data-center tax incentives (June 2026)
no incentive for this campus is known News report · Oct. 2026
$77.3M
land transfer, recorded May 2024
Thistle Income Partners LLC to ME PHX Tech Campus LLC (county deed records) County deed records · May 2024
$280.1M
construction loan, recorded May 2026
deed of trust by ME PHX Tech Campus LLC; lender not named in the county record County deed records · May 2026

Not on record: tax abatement or development agreement: project proceeds on by-right zoning News report · Oct. 2026

Land assembly

2 recorded land documents for the campus company in county records (May 2024 to May 2026); 2 list a price. 2 sales or conveyances by the campus company or to public bodies are not listed. Parcel counts come from the deed; acreage is not recorded.

Timeline

What happened, and what is due

SitePaper trailConstructionPowerPermitsMoneyLegalUpcoming
  1. Sept. 2015
    Site Menlo Equities buys the Thistle Landing office park for $51.25M (press). News report · Sept. 2015
  2. Feb. 21, 2024
    Permits Phoenix Planning Hearing Officer approves zoning stipulation changes with modifications. Local government · Feb. 2024
  3. May 3, 2024
    Money Land purchase recorded at $77.3M: Thistle Income Partners LLC to ME PHX Tech Campus LLC (4 parcels) County deed records · May 2024
  4. May 13, 2024
    Permits City gives preliminary site plan approval for data-center use (press). News report · Oct. 2026
  5. July 2, 2025
    Permits Phoenix adopts a special permit rule for data centers; this campus is exempt because its site plan came earlier. Local government · Oct. 2026
  6. July 16, 2025
    Site Menlo Equities launches Menlo Digital with a 257 MW Phoenix campus and first shells promised for Q2 2026 (press). News report · Oct. 2026
  7. March 18, 2026
    Permits Owner withdraws a request to change the half-street dedication stipulation. Local government · March 2026
  8. July 1, 2026
    Permits Phoenix City Council approves removing drainage and waterline easements on the property (press). News report · July 2026
  9. Aug. 31, 2026
    Site Arizona Attorney General Kris Mayes calls for a statewide pause on new data-center approvals (press). News report · Oct. 2026
  10. Oct. 14, 2026
    Site Attorney General holds a town hall in Ahwatukee focused on this campus; she says she cannot impose a moratorium herself (press). News report · Oct. 2026
  11. Dec. 2026
    Site Substation and shell delivery due in Q4 2026 (company schedule). Company · Oct. 2026
  12. March 2027
    Site Data hall delivery due in Q1 2027 (company schedule). Company · Oct. 2026
Construction activity

Building activity by quarter

Since April 2026: 3 FAA filings (April 2026 to Sept. 2026): tallest crane 350 ft (Sept. 2026).

FAA filings
’26
Dot size: records in the quarter, largest = 2. Two-digit years mark each first quarter.
The buildings

Specs

5 buildings
1,022,400 sq ft in total
20 data halls
ten 8 MW and ten 10 MW
40.36 acres
main parcel; a 1.6-acre parcel is also covered by the zoning cases
Other data centers within 40 km (96)
This campus (footprint)
48 ac
Prime Phoenix - Lower Buckeye 2 Data C
94 ac
Phoenix Data Center
70 ac
PHX5 - Chandler Data Center
60 ac
PHX2 - Chandler Data Center
59 ac
Phoenix 2 Data Center
25 ac
Who is involved

Owners, partners and builders

Owners
  • Menlo Equities: parent of Menlo Digital
  • ME PHX Tech Campus LLC: landowner of record in 2026
Decision-makers
  • City of Phoenix Planning Hearing Officer and Planning and Development Department
  • Phoenix City Council
  • Salt River Project: electric utility
Counsel
  • Snell & Wilmer LLP: land-use counsel for the owner
Opponents
  • Ahwatukee Community Alliance (nonprofit)
  • Arizona Attorney General Kris Mayes (town hall and pause call)
Still unknown

Open questions

Where this comes from

117 records from 18 documents

Drawn from news reports, local government records, company statements, utility regulator dockets, public and commercial datasets and state agency records, each kept with its date and source. The bar shows documents by type.

News report 9Local government 5Company 1Utility regulator 1Dataset 1State agency 1
Evidence

Every quote behind this page

Grade key: A = the primary record itself (permit, filing, exhibit) · B = a dated official statement · C = news reporting. Map distances are our own measurements on OpenStreetMap and carry no grade. Allegations in lawsuits are marked as such in the quotes.

Power (21)
  • Data halls: 20 (ten 8 MW halls + ten 10 MW halls)
    “Number of Data Halls: Ten 8MW, Ten 10MW”
  • Utility: Salt River Project (SRP)
    “Utility Provider: Salt River Project”
  • Utility service: 257 MW
    “Utility Feed: 257MW”
  • IT capacity: 180 MW
    “Critical IT Power: 180MW”
  • Stated campus size: not stated
    “A hyperscale campus opportunity, consisting of five buildings and a dedicated onsite substation”
  • Power plan: grid
    “consisting of five buildings and a dedicated onsite substation that has the capacity to provide over 257MW of total utility”
  • Stage: building, substation and shells under construction; first delivery now scheduled Q4 2026 (substation and shell) and Q1 2027 (data halls)
    “Substation and Shell 2026 Q4. Data Hall Delivery 2027 Q1”
  • Current target date: 2026-Q4 (substation and shell); 2027-Q1 (data hall delivery)
    “Substation and Shell 2026 Q4”
  • Jurisdiction note: Land-use authority is the City of Phoenix (site inside city limits), not Maricopa County; county authority reaches the campus only through MCAQD air-quality permitting (not ADEQ). SRP is a political su
    “The updated ordinance introduces new definitions and a Special Permit process that addresses potential health and safety impacts”
  • Delivery schedule slipped about two quarters during 2026: the July 2025 launch promised first shells in Q2 2026; the company's current status page lists substation and shell for Q4 2026 and data hall delivery for Q1 2027
    “Substation and Shell 2026 Q4. Data Hall Delivery 2027 Q1”
  • Power step: utility named
    “the campus would be capable of providing more than 257 megawatts of utility power and 180 megawatts of critical IT load”
  • On-site generation: not stated
    “One is that emergency backup diesel generators at the center will create air pollution and even more noise”
  • Ahwatukee Community Alliance protests at the construction site (Jul 25 and Sep 26, 2026) and an August 2026 community forum with Councilmember Robinson drew about 100 residents; the group also pursues county air/dust com
    “The Ahwatukee Community Alliance is scheduled to hold a protest of the project starting at 8 a.m. on Sept. 26”
  • NRG Energy's February 2025 letter of intent with Menlo Equities (initial phase 300 MW, potentially 1 GW+ at existing NRG sites) is a portfolio-level arrangement; no opened document ties it to the Phoenix campus, and noth
    “The Menlo Equities LOI includes an initial phase of 300MW, and could total 1GW+ at existing NRG sites”
  • Opposition: Organized opposition by the Ahwatukee Community Alliance (501(c)(3)): petition with more than 2,500 signatures, site protests (Jul 25 and Sep 26, 2026), complaints to Maricopa County (dust/air quality) and th
    “Through an online petition, the group has collected more than 2,500 signatures from those who want elected leaders to halt the latest project”
  • Non-FAA confirmation of active building construction: the Arizona Republic (Sep 22, 2026) describes Menlo's five buildings and dedicated substation under construction in Ahwatukee, with pre-dawn concrete work at the site
    “Menlo Digital has been building a hyperscale data center campus in the East Valley, made up of five buildings and a dedicated substation”
  • Utility service: 257 MW
    “the campus would be capable of providing more than 257 megawatts of utility power and 180 megawatts of critical IT load”
  • IT capacity: 180 MW
    “the campus would be capable of providing more than 257 megawatts of utility power and 180 megawatts of critical IT load”
  • SRP statement to FOX 10 (Jul 2026): the developer pays the full upfront cost of the infrastructure needed to serve the campus, and other customers' rates will not rise. It confirms SRP as the serving utility; it is not a
    “In a statement to FOX 10, SRP says the developer would pay the full upfront cost of the infrastructure needed for the project.”
  • Utility: Salt River Project (SRP)
    “Menlo's facility will use 257 megawatts of electric power supplied by the Salt River Project.”
  • Target date first shells: late 2026
    “Construction of Menlo's substation and shell is projected to finish by late 2026, while the data halls are expected come online by early 2027”
Money and contracts (23)
  • zoning stipulations (Z-127-96-6, as modified): finding The text of the modifications and additional stipulations imposed is not stated in the published hearing results; the resulting executed stipulation set was not loca
    “Applicant: Thistle Income Partners LLC. Owner: Thistle Income Partners, LLC c/o Menlo Equities”
  • zoning stipulation modification request (PHO-3-26--Z-127-96-6): scope Modification of Stipulation 6 regarding half street dedication (50th Street frontage) on the 40.36-acre main parcel
    “Request: 1) Modification of Stipulation 6 regarding half street dedication”
  • zoning stipulation modification request (PHO-3-26--Z-127-96-6): withdrawal Application recorded as Withdrawn at the March 18, 2026 Planning Hearing Officer hearing; no stipulation change took effect. Local reporting says
    “Withdrawn 3. Application #: PHO-3-26—Z-127-96-6”
  • zoning stipulations (Z-127-96-6, as modified): scope Modify Stipulation 1 (general conformance with site plan dated Oct 15, 1997); delete Stipulation 2 (Comprehensive Sign Plan); technical correction to Stipulation 3; mo
    “Request to modify Stipulation 1 regarding general conformance with the site plan dated October 15, 1997”
  • zoning stipulations (Z-127-96-6, as modified): condition Result was denial as filed, approval with modifications and additional stipulations imposed by the Hearing Officer
    “Denial as filed, approval with modifications and additional stipulations”
  • zoning stipulations (Z-10-96-6, as modified): scope Delete Stipulations 1, 2 and 3 (general conformance with site plan date stamped October 1995; building elevations; loading docks) on the 1.6-acre parcel at the southwes
    “Request to delete Stipulation 1 regarding general conformance with the site plan date stamped October 1995”
  • zoning stipulations (Z-10-96-6, as modified): condition Approved with an additional stipulation imposed by the Hearing Officer (text not stated in the published results)
    “Approval with an additional stipulation”
  • Tenant status: no tenant announced; speculative hyperscale campus marketed by the developer
    “A hyperscale campus opportunity, consisting of five buildings and a dedicated onsite substation”
  • Incentives: not stated
    “The Arizona legislature passed a tax incentive for data centers in 2013 that offers sales and use tax exemptions”
  • utility service framework (SRP LCIP / E-67 price plan): minimum billing New large customer accounts with at least 20 MW of forecasted load are billed on the greater of actual demand or 80% of forecasted load under the E-
    “requires new large customer accounts with at least 20 megawatts (MW) of forecasted load be subject to minimum billing requirements”
  • utility service framework (SRP LCIP / E-67 price plan): cost responsibility Under the Large Customer Integration Process (2025), new large-load customers pay upfront for the infrastructure upgrades needed to serve them,
    “These new large load customers must pay upfront for their upgrade costs and meet certain conditions”
  • utility service framework (SRP LCIP / E-67 price plan): finding No campus-specific SRP service agreement, LCIP study result, contract term or termination clause for MD-PHX1 is published in any opened source; the campus's
    “In 2025, SRP introduced the Large Customer Integration Process (LCIP) to address requests for electricity for new large-load customers”
  • Construction financing (recorded mortgage): contract value 280050000 USD
    “Recorded: May 5, 2026 · Mortgage1amount: 280050000 · Grantee: ME PHX TECH CAMPUS LLC · Parcel number: 301-84-763 · Address: 4809 E THISTLE LANDING DR · City: PHOENIX”
  • Land purchase (recorded deed): contract value 77300000 USD
    “Recorded: May 3, 2024 · Price: $77,300,000 · Mortgage1amount: 91950000 · Grantor: THISTLE INCOME PARTNERS LLC · Grantee: ME PHX TECH CAMPUS LLC · Parcel number: 301-84-764 · Address: 4805 E THISTLE LANDING DR · City: PHOENIX”
  • Land purchase (recorded deed): contract value 51250000 USD
    “Recorded: Sept. 22, 2015 · Price: $51,250,000 · Grantee: THISTLE INCOME PARTNERS LLC · Parcel number: 301-84-762 · Address: 4811 E THISTLE LANDING DR · City: PHOENIX”
  • Land purchase (recorded deed): contract value 16750000 USD
    “Recorded: June 1, 2015 · Price: $16,750,000 · Mortgage1amount: 11000000 · Grantee: THISTLE INCOME PARTNERS LLC · Parcel number: 301-84-763 · Address: 4809 E THISTLE LANDING DR · City: PHOENIX”
  • Tenants: not stated
    “A planned end customer wasn't named”
  • tax incentive / development agreement: finding No executed development agreement, tax abatement or incentive agreement for this campus was located in any opened source; the project proceeded on by-right 1996 zoning rathe
    “The existing zoning on the site, which was first developed in the 1990s, already permits offices and data centers”
  • District 6 Councilmember Kevin Robinson donated $5,000 to the Ahwatukee Community Alliance, matching a March 2026 reelection contribution from Menlo Digital chief development officer Jane Vaughan, after constituent pre
    “Robinson said he had no idea that a $5,000 contribution to his reelection campaign in March was from Jane Vaughan, a partner in California's Menlo Equities”
  • easement abandonment: scope City Council approved removing the existing drainage and waterline easements on the campus property, a step preparing the site for development
    “Last week, the Phoenix City Council approved removing existing drainage and waterline easements on the property”
  • Menlo bought the Thistle Landing property in September 2015 for $51.25 million; site previously Thistle Landing Office Park
    “Menlo bought the property in September 2015 for $51.25 million, according to real estate database Vizzda.”
  • Tenant: not named
    “Menlo Equities is planning a new data center in the Ahwatukee area of southern Phoenix. A planned end customer wasn't named.”
  • Land acquisition: Site (Thistle Landing Office Park) acquired by Menlo Equities in September 2015
    “Menlo bought the property in September 2015 for $51.25 million, according to real estate database Vizzda”
Permits and government (26)
  • County code: Maricopa County, AZ (04013)
    “Location: Southeast corner of 48th Street and Thistle Landing Drive. Existing Zoning: CP/GCP. Acreage: 40.36”
  • zoning stipulation modification: withdrawn
    “Withdrawn 3. Application #: PHO-3-26—Z-127-96-6”
  • City of Phoenix Planning Hearing Officer: PHO-3-26, Z-127-96-6, Modification of Stipulation 6 regarding half street dedication; owner ME PHX Tech Campus LLC
    “Applicant: Noel Griemsmann, Snell & Wilmer LLP. Owner: ME PHX Tech Campus LLC”
  • Ahwatukee Foothills Village Planning Committee: PHO-3-26--Z-127-96-6, modify Stipulation 6 regarding half street dedication, southeast corner of 48th Street and Thistle Landing Drive
    “Approved 3. PHO-3-26--Z-127-96-6: Presentation, discussion, and possible recommendation regarding a request to modify stipulations of entitlement”
  • Site acres: 40.36 acres
    “Application #: PHO-2-24--Z-127-96-6. Existing Zoning: CP/GCP. Acreage: 40.36”
  • Zoning: CP/GCP under City of Phoenix cases Z-127-96-6 (main parcel) and Z-10-96-6 (1.6-acre parcel); data center a permitted use under the 1996/1997 entitlements
    “Application #: PHO-2-24--Z-127-96-6. Location: Southeast corner of 48th Street and Thistle Landing Drive. Existing Zoning: CP/GCP”
  • zoning stipulation modification: approved with modifications and additional stipulations (denial as filed)
    “Application #: PHO-2-24--Z-127-96-6. Location: Southeast corner of 48th Street and Thistle Landing Drive. Existing Zoning: CP/GCP. Acreage: 40.36”
  • zoning stipulation modification: approved with an additional stipulation
    “Application #: PHO-1-24--Z-10-96-6. Location: Southwest Corner of 50th Street and Thistle Landing Drive. Existing Zoning: CP/GCP. Acreage: 1.6”
  • City of Phoenix Planning Hearing Officer: PHO-1-24--Z-10-96-6 (1.6-acre parcel) and PHO-2-24--Z-127-96-6 (40.36-acre main parcel), stipulation modifications
    “the CITY OF PHOENIX PLANNING HEARING OFFICER held a hearing open to the public on February 21, 2024, at 10:00 a.m.”
  • Ahwatukee Foothills Village Planning Committee: PHO-1-24--Z-10-96-6 and PHO-2-24--Z-127-96-6, stipulation modifications for the Thistle Landing parcels (Snell & Wilmer for Thistle Income Partners LLC)
    “Approved 4. PHO-1-24--Z-10-96-6: Presentation, discussion, and possible recommendation regarding a request to modify stipulations of entitlement”
  • Phoenix adopted Ordinance G-7396 adding data centers as a use requiring a special permit addressing health and safety (power grid reliability, fire risk, emergency response access, noise). The campus is not subject to it
    “The updated ordinance introduces new definitions and a Special Permit process that addresses potential health and safety impacts”
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-AWP-17045-OE: Thistle Landing, Mobile Crane, 350 ft AGL, 1568 ft AMSL, 33.30910,-111.97613, Determined - No Hazard, submitted 2026-09-25”
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-AWP-5264-OE: Thistle Landing, Mobile Crane, 250 ft AGL, 1469 ft AMSL, 33.30910,-111.97613, Determined - No Hazard, submitted 2026-04-27”
  • FAA obstruction evaluation (7460-1): Determined - No Hazard
    “ASN 2026-AWP-6153-OE: Thistle Data Center Crane, Mobile Crane, 200 ft AGL, 1412 ft AMSL, 33.30916,-111.97634, Determined - No Hazard, submitted 2026-04-27”
  • FAA OE/AAA filings evidence vertical construction at Menlo Digital's Thistle Landing campus (Phoenix AZ): three mobile cranes filed under the campus's own name - two 'Thistle Landing' cranes (250 ft, April 27, 2026; 350 ft,
    “ASN 2026-AWP-5264-OE: Thistle Landing, Mobile Crane, 250 ft AGL, 1469 ft AMSL, 33.30910,-111.97613, Determined - No Hazard, submitted 2026-04-27”
  • site plan approval: preliminary site plan approval for data-center use
    “Its project received preliminary approval from the city in May 2024”
  • Arizona enacted a three-year pause on new data-center tax incentives and exemptions in the FY2027 state budget (June 2026), which drove a rush of applications before it took effect. No incentive agreement for this campus
    “In June, the state enacted a three-year pause on new tax incentives and exemptions for the facilities”
  • Arizona Attorney General Kris Mayes called for a statewide pause on approval of new data centers (press release, Aug 31, 2026) citing power and water intensity, and scheduled an Ahwatukee town hall focused on this campus
    “The only sane thing to do is to pause the approval of new data centers”
  • Residents documented construction activity from about 5-6 a.m., including Saturdays, from June through September 2026 and allege missing extended-hours permits; Phoenix's summer rules allow construction from 5 a.m. on we
    “Members have complained about the construction noise, which can begin as early as 5 a.m. on weekdays from May 1 to Oct. 15 due to a 2025 law”
  • The same campus appears in records as East Thistle Data Center (2024 city filings), Thistle Technology Center (later permit-record reporting), MD-PHX1 (developer portfolio page) and MD-PX1 (launch coverage); opponents ci
    “The project — called East Thistle Data Center — will also include a mix of uses including office space for research”
  • Arizona Attorney General community conversation (town hall), Ahwatukee: Data centers in Arizona, with Menlo Digital's MD-PHX1 as the focal project
    “Mayes plans to host a town hall on Oct. 14 in Phoenix's Ahwatukee village to hear from community members regarding Menlo Digital's planned 1M SF, 38-acre hyperscale data center campus”
  • easement abandonment: approved
    “Last week, the Phoenix City Council approved removing existing drainage and waterline easements on the property”
  • Phoenix City Council (formal meeting): Easement abandonment for the Thistle Landing campus (drainage and waterline easements); a separate 5C data-center waiver (item 26-1460) was also on the agenda
    “Last week, the Phoenix City Council approved removing existing drainage and waterline easements on the property”
  • Drainage and waterline easement removals: approved
    “Last week, the Phoenix City Council approved removing existing drainage and waterline easements on the property”
  • building permits: in process
    “According to Menlo, it's finished with the design and engineering phase of the project and is about halfway through the permitting process”
  • Technical modifications to zoning (East Thistle Data Center): approved
    “The application received approval from the Ahwatukee Foothills village planning committee on January 22.”
Site and other (16)
  • Owner entity: ME PHX Tech Campus LLC (owner of record, 2026); Thistle Income Partners LLC (applicant/owner of record, 2024)
    “Applicant: Noel Griemsmann, Snell & Wilmer LLP. Owner: ME PHX Tech Campus LLC”
  • Name: Menlo Digital MD-PHX1
    “Campus Name: MD-PHX1 (Phoenix)”
  • Address: 4801-4811 East Thistle Landing Drive, Phoenix, AZ 85044
    “Address: 4801-4811 East Thistle Landing Drive, Phoenix, AZ 85044”
  • Operator: Menlo Digital
    “MD-PHX1 (Phoenix) – Menlo Digital”
  • Buildings: 5
    “Number of Buildings: 5”
  • Buildings sf: 1022400 sq ft
    “Total Square Footage: 1,022,400 (204,480SF per building)”
  • Aliases: East Thistle Data Center; Thistle Technology Center; MD-PX1
    “The project — called East Thistle Data Center — will also include a mix of uses including office space”
  • Construction stage: building
    “Construction that began earlier this year on the million-square-foot, five-building data center near 48th Street and East Thistle Landing Drive”
  • Developer: Menlo Digital (Menlo Equities)
    “Jane Vaughan, a partner in California's Menlo Equities and chief development officer for Menlo Digital, which is building the data center”
  • Project status: building
    “Construction that began earlier this year on the million-square-foot, five-building data center near 48th Street and East Thistle Landing Drive”
  • Construction start: 2026
    “Construction that began earlier this year on the million-square-foot, five-building data center”
  • Early-morning construction documented by residents Jun-Sep 2026; construction began earlier in 2026
    “Construction that began earlier this year on the million-square-foot, five-building data center near 48th Street and East Thistle Landing Drive has angered neighbors”
  • County code: 04013
    “Location: 4801 E. Thistle Landing Dr., along 48th Street, between Ray Road and Chandler Boulevard in the Ahwatukee part of Phoenix.”
  • Address: 4801 E Thistle Landing Dr, Phoenix, AZ
    “Location: 4801 E. Thistle Landing Dr., along 48th Street, between Ray Road and Chandler Boulevard in the Ahwatukee part of Phoenix.”
  • Developer: Menlo Digital (Menlo Equities platform)
    “The company launched Menlo Digital, focused on the acquisition, development, and operation of data centers”
  • Original target date: 2026-Q2 (first shells)
    “The 38-acre site is set to host five buildings totaling 1 million sq ft (92,903 sqm), with the first shells delivered in Q2 2026”

Imagery and records: County deeds: ATTOM.