Vantage Data Centers, which calls itself simply Vantage in its 2026 releases, is a Denver-based data center developer that runs the AZ1 campus in Goodyear, where three buildings with a combined 64 megawatts were fully leased to one tenant as of June 2025. Corgan, the campus architect [not independently verified], says a fourth building of 64 MW became operational in 2025, and its project page, read in October 2026, describes a fifth building as in conceptual design. Vantage's campus page, read the same month, says the campus will offer 176MW once fully developed; that is a planned total, not the capacity operating today. Vantage describes itself as a global provider of digital infrastructure serving AI and cloud innovators. Its business is building data center campuses and offering wholesale data center space to customers; when it entered the Phoenix market, Vantage said the campus would serve demand from hyperscale and cloud providers as well as technology, e-commerce and enterprise companies. The company says it launched in June 2010 with an investment from Silver Lake Partners, when it acquired an operating data center in Santa Clara, California, that Intel Corp. had previously owned. DigitalBridge acquired Vantage in March 2017, and the company's history page lists a $9.2 billion equity investment led by DigitalBridge and Silver Lake in June 2024. That investment is company-wide, and Vantage does not state an Arizona share of it.
Vantage's place in the AI economy is the physical layer: the buildings, power and cooling that cloud and computing customers lease. The company says it serves AI and cloud innovators, but no source found names an AI customer or AI workloads at its Goodyear campus. The closest stated links are design features. Vantage says the Goodyear campus offers an average density of 250 watts per square foot, with options to go higher or lower, for high-density applications. Corgan is the campus architect [not independently verified]. Corgan says the AZ13 building is set to use liquid cooling and that AZ14 includes high-density racks.
Vantage announced its arrival in Arizona in January 2019, when it said it had acquired 50 acres in the Greater Phoenix area to build a mega-scale data center campus. The campus, known as AZ1, sits at 45 S Bullard Avenue in Goodyear. In November 2021 Vantage announced the topping out of its first data center there, which it described as a 16MW building. In October 2022 the company began the second phase of construction and said it was investing more than $1.5 billion in the project, which it expected to create approximately 3,000 construction and technology jobs. That investment figure was stated for an earlier plan of 160MW in three buildings and has not been updated for the larger plan [not independently verified]. No later Vantage update to either the investment or the jobs figure was found after October 2022. Goodyear Mayor Joe Pizzillo spoke at the phase two ceremony, and McCarthy Building Companies was the general contractor for that phase [not independently verified].
The campus then grew. In December 2023 the law firm Quarles & Brady submitted a rezoning request on the project's behalf for 14 acres at the southeast corner of Bullard and Van Buren Street, to allow a two-story building for data center use. The City of Goodyear's vote on that request could not be confirmed because the city's pages could not be read. Vantage topped out that building, AZ14, in November 2024; it was expected to span 451,000 square feet across two stories on a 14-acre plot. Corgan says AZ14 became operational in 2025 with 64 MW of capacity, and its project page, read in October 2026, says a fifth building, AZ15, is in conceptual design with a planned capacity of 48 MW; no later status for AZ15 was found. Vantage's campus page, read the same month, says the Goodyear campus will offer 176MW of IT capacity and more than one million square feet across five data centers once fully developed. That 176MW is a planned full build-out, not the capacity operating today.
Vantage also holds land elsewhere in the Phoenix area. DatacenterDynamics reported that in March 2023 Vantage acquired nearly 34 acres in Glendale from the Phoenix-based industrial developer Merit Partners for $50 million. The site is at the southwest corner of Loop 303 and Bethany Home Road in the Camelback 303 area [not independently verified]. As of June 2025, the same publication reported that Vantage had not yet announced plans for the Glendale site. No later update on the site after June 2025 was found.
The first three Goodyear buildings are fully leased to a single tenant, according to a Fitch Ratings report described by Bisnow in June 2025, and together offer 64 megawatts across 496,000 square feet. Vantage reports the first building at 16MW, and Corgan lists AZ12 at 16 MW and AZ13 at 32 MW. The tenant, which no source names, occupies the space through six separate 15-year leases with a weighted average remaining term of 13.9 years. The same tenant had preleased the 64 MW building then under construction and holds an option on the planned 48-megawatt building. Corgan says that 64 MW building, AZ14, became operational in 2025; no update on the option after June 2025 was found. In June 2025 Vantage secured a $735 million refinancing loan with its Phoenix-area data centers as collateral, to refinance the $560M of existing debt on the three buildings. This was a financing of existing buildings, not new investment. Vantage says AZ11 and AZ12 each earned Green Globe for New Construction certification from the Green Building Initiative.
Vantage has described how the campus gets power and water. Vantage says Arizona Public Service powers the campus through a dedicated onsite substation with multiple utility feeds, receiving power at 69+kV. On water, Vantage says the buildings use a closed-loop chilled water design that needs no ongoing water, giving a planned water usage efficiency near zero. These are company design claims; no metered figure for the campus's actual water use was found. In September 2026 Vantage said it had joined a group of organizations committing $32 million to the Colorado River Basin Collaborative, but its own share of that group total is not stated, and no update after that September 2026 announcement was found. The same month it closed a $2 billion financing facility for early-stage development across North America, and the release does not identify any Arizona share.
Vantage does not publish an Arizona employee count. The approximately 3,000 jobs cited in 2022 were a projection that mixes construction and technology work, not a count of people Vantage employs here, and no later jobs figure was found. For Arizona, the facts add up to a large, partly built campus in Goodyear whose first three buildings and a fourth are committed to one unnamed tenant, a fifth building still in design, and a Glendale site with no announced plans.