A Denver developer is planning a $14 billion master-planned data center complex in metro Phoenix, spanning 1,000 acres and nearly 30 buildings totaling 5.6 million square feet, making it one of the largest projects proposed in the area. Known as Project Range and spearheaded by Tract, this development will be supported by three Arizona Public Service substations. The Phoenix market, with a 2.2% vacancy rate, has attracted more data center developers due to factors like competitive power rates and low latency. Tract’s proposal includes two adjacent campuses that will require rezoning, and community feedback has led to adjustments in building heights and setbacks, with plans for community uses like parks. Despite initial opposition from cities like Goodyear and Buckeye, the project is expected to bring significant economic benefits, including job creation and ongoing tax revenue, with improvements set to begin in 2025 and a buildout estimated over 15 to 18 years.
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