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Data Center View - April 18, 2025 - Metrobloks acquires Miami site for 15MW data center

Data Center View - April 18, 2025 - Metrobloks acquires Miami site for 15MW data center

Hut 8 acquires data center development. NorthPoint gains approval for 2 million-SF park. Plans filled for 2.55 million-SF campus. Eight-building campus proposed in Kentucky. Data center deal flow doubles in a year. Two new data center deals.

Matt H
April 18, 2025

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NEWS ROUNDUP

ACQUISITION: Metrobloks acquires Miami site for 15MW data center. Metrobloks has officially entered the U.S. market with the acquisition of a 4.05-acre parcel in Miami, Florida. The company plans to develop a 15.2MW multi-tenant data center, marking its first domestic project. The $150 million facility will support both liquid and air cooling, with the ability to handle rack densities of up to 150kW, catering to the demands of high-performance AI inference workloads. “We are excited to secure this site in Miami-Dade County, an emerging global tech hub experiencing strong and growing demand for local AI inference,” said Ernest Popescu, CEO of Metrobloks.

M&A: Hut 8 acquires data center company owned by Trump sons. Hut 8 has acquired an 80% majority interest in American Data Centers, a company co-founded by Eric Trump and Donald Trump Jr. The acquisition marks the official launch of American Bitcoin, a new subsidiary that will focus exclusively on industrial-scale Bitcoin mining and the development of a strategic Bitcoin reserve. The newly formed American Bitcoin Corp. will be seeded with “substantially all” of Hut 8’s existing ASIC miners, and will operate independently while leveraging Hut 8’s infrastructure through long-term commercial partnerships. The move allows Hut 8 to restructure its platform, aligning each business segment with its respective capital structure and growth strategy. “The launch of American Bitcoin marks a pivotal evolution in our platform strategy,” said Asher Genoot, CEO of Hut 8. Matt Prusak, formerly Chief Commercial Officer at Hut 8, will lead American Bitcoin as CEO, with Eric Trump stepping in as Chief Strategy Officer.

DEVELOPMENT: NorthPoint gains approval for 2 million-SF park. NorthPoint has received the green light to significantly expand into data center infrastructure outside Philadelphia, with new plans approved for a massive digital campus at the Keystone Trade Center in Bucks County, Pennsylvania. During a recent meeting, the Falls Township Board of Supervisors approved NorthPoint’s request to revise Phase III of the Keystone Trade Center master plan, transforming what was originally a 247-acre distribution complex into a 2 million-SF data center park. The updated plan includes ten single- or two-story data center buildings, each ranging from 112,000 to 217,000 SF.

DEVELOPMENT: Plans filled for 2.55 million-SF campus outside Atlanta. Montana Property Group has filed a Development of Regional Impact application with the Georgia Department of State Affairs for a large-scale data center development known as Project Spalding. The proposed project would span 2.55 million-SF and is slated for Spalding County, roughly 37 miles south of downtown Atlanta. The first phase of the multi-building campus is expected to be completed by 2030. Specific details on the number of buildings, power capacity, or end users have not yet been disclosed.

DEVELOPMENT: Eight-building data center campus proposed outside Louisville, Kentucky. A new hyperscale data center campus known as Project Lincoln: OC Data Center has been proposed for Oldham County, Kentucky, just outside Louisville. Spearheaded by Western Hospitality Partners, the development represents one of the largest technology infrastructure investments ever planned in the region — with a projected investment of up to $6 billion. The campus is set to rise on a 267-acre site. The proposed design includes up to eight buildings totaling 2.5 million-SF, alongside an on-site substation.

READ: Data center deal flow doubles in a year to $57 billion.