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PowerHouse Data Centers is a real estate developer and owner of hyperscale data center campuses across the United States, wholly owned by American Real Estate Partners (AREP), rather than a company that sells rack space or cloud capacity directly to end users. Its model centers on acquiring land, securing power, and delivering “powered shell” and full turnkey buildings that hyperscale cloud and AI customers lease in their entirety — its flagship Ashburn, Virginia building (ABX-1) was leased whole to CyrusOne on a 30-year term. Founded in 2021-2022 with its roots in Northern Virginia’s “Data Center Alley,” PowerHouse has since expanded into North Carolina, Kentucky, Nevada, Texas, Pennsylvania, and Illinois, with company materials citing anywhere from about 86 to 140 buildings underway, in planning, or completed and roughly 6-10 GW of power across its pipeline depending on the date of the source — these figures have shifted quickly and materially across the company’s own press releases within just the past year or two, which is worth flagging as a genuine inconsistency rather than a single fixed fact. It frequently partners with capital providers such as Harrison Street and Blue Owl and with regional players like Chirisa Technology Parks, Pennsylvania Data Center Partners, and Hillwood Investment Properties on individual campuses.
Because PowerHouse builds and leases entire buildings to single hyperscale tenants rather than selling multi-tenant rack or cage space, it sits closer to a data center real estate developer/wholesale landlord than a traditional colocation or cloud provider, though its business is closest in nature to wholesale colocation-style leasing.
PowerHouse Data Centers has a confirmed data center presence at the following locations:
FACILITY OPERATOR
PowerHouse doesn't market itself primarily as an AI-specialist builder, but at least one campus has explicit AI framing: its Charlotte, North Carolina site is described by the company as incorporating advanced cooling systems and infrastructure specifically tailored for AI-driven workloads, alongside hyperscale, fintech, and hybrid cloud use. Several other campuses (Spotsylvania's PowerHouse 95, the Reno campus) are described in press coverage as serving demand driven by "high-powered computing, AI, and other advancements," though without the same level of facility-specific technical detail as Charlotte.
PowerHouse develops and owns land and buildings, then delivers powered shell or full turnkey data center buildings that it leases in their entirety to hyperscale cloud, AI, and enterprise customers — for example, its ABX-1 building in Ashburn, Virginia was leased whole to CyrusOne on a 30-year term rather than being sold as multi-tenant colocation space.
As of 2026, PowerHouse's campuses and announced projects span Northern Virginia (Ashburn, Arcola, Sterling, Spotsylvania, and the Richmond/Meadowville area), Charlotte, North Carolina, Louisville, Kentucky, Reno, Nevada, the Dallas-Fort Worth area (Irving and Grand Prairie), Texas, Carlisle, Pennsylvania, and Joliet, Illinois.
Its Charlotte, North Carolina campus is explicitly described by the company as incorporating advanced cooling systems and infrastructure tailored for AI-driven workloads, alongside hyperscale and fintech use cases, though this AI-specific framing has not been documented to the same degree at all of its other sites.
PowerHouse Data Centers is wholly owned and operated by American Real Estate Partners (AREP), an institutional real estate fund manager, with Doug Fleit serving as PowerHouse's CEO and co-founder of AREP.
PowerHouse's own materials have cited different totals at different points — for example 86 buildings and 5.9 GW in early 2025 versus around 118-140 buildings and roughly 8-10 GW in later company pages — indicating a rapidly growing but inconsistently reported pipeline rather than one fixed figure.
Yes — we've identified 12 facilities where PowerHouse Data Centers may offer colocation services. Please contact PowerHouse Data Centers directly to confirm current availability and terms.
We haven't confirmed cloud services for PowerHouse Data Centers yet — this isn't a definitive no, since our research can miss things. Please contact PowerHouse Data Centers directly to confirm cloud availability.
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