A $20 billion master-planned data center complex is moving forward after securing the go-ahead from the city of Buckeye.
Denver-based Tract will serve as the master developer for a nearly 2,000-acre campus that could accommodate both hyperscale and wholesale data center operators across dozens of buildings.
On Aug. 6, Buckeye City Council unanimously approved a new development agreement with Tract to reimburse the developer up to $50 million in public infrastructure costs after it generates $60 million in revenue for the city.
Buckeye also approved a major plan amendment to establish the "Buckeye Tech Corridor" plan for the project.