DataCore Innovations hopes to build a $1 billion data center near the Monroe County town of Forsyth.
The company wants to build on a more than 900-acre campus off of the Rumble Road exit of Interstate 75. The $1.12 billion proposed project is called the Rumble Technology Campus. It will be in a secure, gated campus with up to 12 buildings. When fully built out, the campus is expected to comprise 4.2 million square feet. The project, which is expected to be completed in December 2038, would require an estimated water supply of 2 million gallons per day.
The company is expected to hire 30-50 employees and create 1,700 construction jobs over the years; it expects to pay $20 million in taxes per year.
DataCore raised $60 million in a financing round led by Vistara Growth, a provider of flexible growth capital to innovative technology companies. This investment will enable DataCore to expand its technology offerings and operational agility.
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