Buildings
Novva Secures $2B to Complete Utah Data Center Campus Construction
Construction is underway on the second and third phases of Novva Data Centers' campus in West Jordan, Utah.
Photo courtesy Novva Data Centers
Novva Data Centers and real estate developer CIM Group say they are funding the second and third phases of Novva’s flagship data center campus with a newly committed $2 billion in financing from J.P. Morgan and Starwood Property Trust.
Novva is building the data centers on a 100-acre campus outside of Salt Lake City in West Jordan, Utah. The first phase facility, built by Layton Construction Co., began operating in 2023.
Construction on phases 2 and 3 is also underway. Each covers 318,000 sq ft and adds 72 MW of capacity to the campus. Phase 2 work started in late 2023 and phase 3 work started last year. Both phases are expected to be completed next year. Once finished, the campus will have more than 1 million sq ft of data centers with a combined 175-MW capacity. Representatives did not immediately respond to inquiries about the contractor for phases 2 and 3.
While construction is still underway, Novva says it has already leased the campus “to a leading global tech company” in 2023.
Novva says its data centers on the Utah campus don’t need large amounts of water to keep servers cool. Instead, it uses a cooling system with ambient air, heat exchange coils and refrigerant. CIM Group estimates the completed campus will consume about 84% less water than similar data centers in the area.
Wes Swenson, CEO of Novva, said in a statement that the campus sits “in a strategic location that offers low-cost power, low disaster risk, low latency, dense long-haul fiber, proximity to an international airport, no sales tax on equipment purchases and a high-altitude cold desert climate.”
Novva also operates data centers in Colorado Springs, Colo., and Las Vegas, and is in the process of building others in Reno, Nev.; San Francisco; and Mesa, Ariz.
